Pak-BD rising tensions to hurt regional growth : Malik

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Sunday expressed fear that rising political tensions between Islamabad and Dhaka can hurt growth of the entire Saarc region.

Outbreak of hostilities will not benefit anyone therefore both sides should show wisdom and shun differences over non-issues, it said. Speaking to the business community, Zubair Ahmed Malik, President FPCCI said that increased friction between Pakistan and Bangladesh could hinder goals of integration of south Asian nations where most of the world’s poor lives.

We should not live in past; we should work together to end illiteracy, deprivation and poverty and lead masses to a better future. He said that Pakistan has taken a balanced just stance over recent developments as no one should be allowed to play havoc with millions of people for personal gains.

The FPCCI chief said that Pakistani investors and industrialists opted for Bangladesh to gain from GSP Plus status which is now also available at home. He said that those who moved to Bangladesh have now realised their mistake as working in another country with alien laws and undependable environment is difficult.

Pakistani business community should shift back to their own country as they are considered villains and opponents in some places, he added. Malik said that Pakistan is best country for investment with enabling policies and a government that is serious to resolve energy crisis and control law and order situation.

We have no evidence to doubt the intentions of the government which is enough for investors to come back and play their role in the development of Pakistan.

Leave a Reply