Political unrest threatened economic sovereignty – PTA

Sameer Nazir
KARACHI: The Chairman Pakistan Tanners Association (PTA) S.Z, Fawad Jawed and former President and Vice President FPCCI, Gulzar Firoz have called upon the political forces in the country to use their influence to cool down the heated political atmosphere wherein deadlock has prevailed between the ruling and opposition parties.
In a statement they said that an all parties’ conference should be convened by the political forces in the countries and try to find out some political solution of the ongoing unrest in the country which has threatened the economic sovereignty of the Pakistan. Fawad said that country has so far suffered the monetary losses running into hundreds of billions rupees as an outcome of 16 day sit in by the two parties and it seems that there is no end to it due to stubbornness of both the factions.
He said that not only democracy is being derailed and the nation is feared to face dictatorship once again if the stalemate was not cleared immediately. He said that export oriented industries in particular and all the industrial and trading sectors are facing sheer uncertainty while stock market has crashed already and foreign investment besides remittances from overseas Pakistanis have been halted, this has given a big blow to the national economy.
He said that then judiciary and armed forces should also play their role and help democracy to go on as this country is not able to afford another spell of martial law and dictatorship.

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