Business
SCCI seeks talks as political unrest impacts trade activities
字号+ Author:Smart News Source:Sports 2025-01-13 06:35:13 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
-
Israeli FM slams Dutch mayor for retracting ‘pogrom’ statement
2025-01-13 06:22
-
Meta appoints UFC chief and Trump ally Dana White to board
2025-01-13 05:39
-
US Congress certifies Trump win, four years after Capitol riot
2025-01-13 05:07
-
Did Trump, scandals, and COVID clip Trudeau’s high-flying political wings?
2025-01-13 04:09
User Reviews
Recommended Reads
Hot Information
- Iran confirms it will discuss nuclear, regional issues with France, Germany and UK on Nov 29
- Trump seeks to delay hush money sentencing until after his presidential inauguration
- Trump seeks to delay hush money sentencing until after his presidential inauguration
- Trump seeks to delay hush money sentencing until after his presidential inauguration
- Peace agenda
- In letter to Trump, US congressman raises alarm on foreign aid to Afghan Taliban
- S Korean investigators seek new warrant to arrest Yoon
- Tibet's Shigatse rocked by 6.8 magnitude earthquake: China quake centre
- CM flays opposition for ‘bid to derail progress’
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content