Sports

SCCI seeks talks as political unrest impacts trade activities

字号+ Author:Smart News Source:Health 2025-01-13 07:50:15 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
  • Bestselling Woman of Substance author Barbara Taylor dies at 91

    Bestselling Woman of Substance author Barbara Taylor dies at 91

    2025-01-13 07:23

  • 36 students released on bail in college guard’s murder case

    36 students released on bail in college guard’s murder case

    2025-01-13 07:09

  • Another blow for India as Gill suffers thumb injury

    Another blow for India as Gill suffers thumb injury

    2025-01-13 06:50

  • Sindh govt to incorporate foundation learning mechanism into early childhood education policy

    Sindh govt to incorporate foundation learning mechanism into early childhood education policy

    2025-01-13 06:33

User Reviews