Businessmen from neighboring country Pakistan have urged Prime Minister Shahbaz Sharif to start talks to increase trade with India. He made this request in a dialogue session with Sharif. Traders said that after the opening of trade, Pakistan's economy, which is suffering from cash crunch, will benefit greatly. Many major issues were raised during the hour-long meeting at Sindh CM House on Wednesday. Karachi's business community appreciated the Prime Minister's determination to resolve economic issues but also advised him to focus on bringing political stability to improve the economy.
people told problems
According to reports, the Prime Minister held a meeting with the business community to find ways to boost the economy through exports. However, his decision was met with apprehensions from industry insiders. Industry insiders said it is “almost impossible” to do business under the current circumstances, especially with rising energy costs and inconsistent government policies.
'More action has to be taken'
During the conversation with PM Shahbaz Sharif, businessmen praised the recent steps of the government, but also demanded to take more steps. “After taking charge, you have made some agreements which have yielded good results and progress on the IMF deal is one of them,” said Arif Habib, head of capital markets giant Arif Habib Group. With India. “I suggest you compromise a little more,” he said. One of them is about trade with India, which will greatly benefit our economy. Secondly, you should also (shake hands with) Adiala jail prisoner (Pakistan Tehreek-e-Insaf leader Imran Khan). Try to fix things at that level too and I am sure you will.
Pakistan ended trade relations
India abrogated Article 370 of the Constitution on August 5, 2019. At the same time, bilateral relations between the two countries have broken down after India revoked the special status of Jammu and Kashmir and divided the state into two union territories. India's decision drew a strong reaction from Pakistan, which downgraded diplomatic ties and expelled the Indian ambassador. Pakistan has also ended direct trade relations with India. India has repeatedly told Pakistan that Jammu and Kashmir was, is and will always be an integral part of the country.