Business
SCCI seeks talks as political unrest impacts trade activities
字号+ Author:Smart News Source:Business 2025-01-13 15:49:11 I want to comment(0)
PESHAWAR: The business community has expressed grave concern over the prevailing ‘slowdown’ in economic and trade activities due to the current political unrest and feared that the country’s economic situation will worsen in case a viable solution is not sought immediately. In a statement issued here on Monday, Sarhad Chamber of Commerce and Industry president Fazal Moqeem Khan, senior vice-president Abdul Jalil Jan and vice-president Shehryar Khan urged the federal government and other stakeholders to resolve all issues through negotiations to maintain law and order and ensure smooth functioning of the economic activities. They said that a lockdown-like situation prevailed due to political protests/sit-ins that had halted business and trade activities throughout the country. On the other hand, they lamented that the online businesses had also badly suffered due to slowdown in internet services. They said exports had already declined in the prevailing situation and the protest/sit-ins would further paralyse them, which was not in the best interest of people and the country. The SCCI office-bearers asserted that the government and relevant stakeholders must sort out solutions to all issues through talks because the country could no longer afford any kind of turbulence. Fazal Moqeem stressed that a peaceful atmosphere was vital for economic stability and growth as it was crucial for improving business, trade and exports that would lead the nation on the path of sustainable prosperity and progress. The SCCI chief said suspension of business, trade and economic activities was tantamount to further pushing the economy to a standstill. Mr Moqeem urged the government and protesters to adopt a path of dialogue in the best interest of the economy and the country and avoid creating anarchy and instability. He emphasised that all issues needed to be addressed through mutual consensus to prevent the country and economy from further damage.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Stocks sustain gains above 98,000 for first time
2025-01-13 14:59
-
WhatsApp to simplify channels, status updates with new shortcuts
2025-01-13 14:43
-
OpenAI announces restructuring plan to create public benefit corporation, raise capital
2025-01-13 13:47
-
Nasa declares spacecraft 'safe' after record-breaking Sun approach
2025-01-13 13:19
User Reviews
Recommended Reads
Hot Information
- Jordan’s army says it flies eight helicopters with aid to Gaza
- SpaceX makes last launches of 2024
- Nasa's Wilmore, Williams homecoming faces another setback
- Apple adds ChatGPT to iPhone boosting AI capabilities
- ANP jirga to visit Kurram for easing tensions, says Aimal
- WhatsApp enhances video calls with four new features
- OpenAI turns up heat on Google with global launch of ChatGPT search
- ‘We can block VPNs but we won’t do it', says PTA chairman
- No Civil Defence crew, paramedics to get victims in Beit Lahiya
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content