Changing Afghan situation to have impact on economy: Malik

Staff Reporter 

President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik Sunday cautioned that rapid changing security situation in Afghanistan will have adverse impact on economy of countries of the region especially Pakistan.

In a press statement, he said that the impact of crisis in Afghanistan could ultimately spread far wider, adding that the peaceful and stable Afghanistan is pre-requisite for economic prosperity in south Asian countries.

The progress of this region is linked to free from war and secure Afghanistan, he said adding that in this regard Pakistan is playing its key role for the success of intra-Afghanistan peace dialogue aiming at political reconciliation and an end to decades of violence in the war stricken country.

He hoped that intra-Afghan negotiations will lead to a sustainable and durable peace and reiterated that there is no military solution to the Afghan conflict.

He stressed the urgent need that both Kabul and the Taliban to achieve economic prosperity, will have to demonstrate the highest degree of flexibility to reach a result oriented settlement.

He said in prevailing scenario, survival of state only mainly depended on its sound economy otherwise its will be eliminated from world globe like other countries.

Iftikhar Ali Malik said Pakistan has taken a crystal clear stand on non-interference and it has no favour-ites in Afghanistan besides firmly believing in a well grounded political government.

He said world must recognise with open mind that Pakistan suffered trillions of rupees irreparable eco-nomic losses in war against terror besides causing decades long insecurities in region as a result for-eign investors were reluctant for investment in Paki-stan.

Previous articlePak-UKBC to hold meeting with British investors in London
Next articleRs 761m motor vehicle tax, Rs 120m property tax recovered from Karachi