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Trade with India can be suspended if situation does not improve soon, says FPCCI

KARACHI: The Federa­tion of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday said it would consider suspending trade with India if the circumstances did not improve soon.

FPCCI president Abdul Rauf Alam said that Pakistan had no impulses of any kind to proceed with business and exchange relations with India under the present unfriendly conditions. The whole Pakistani business group, he said, was joined to take any choice and given the strained circumstance in the area, it was unrealistic to proceed with exchange relations with India.

He called attention to the part of the Saarc Chamber of Com­m­erce and Industry and said that it cleared out them with no decision however to advance exchange relations with ECO and D-8 nations.

Perused: ‘Exchange with India not to influence Pakistan economy’

The Kalabagh dam and the China-Pakistan Econo­mic Corridor (CPEC) were likewise confronting discussions and losing such open doors could harm for the nation, said Mr Alam, including that the CPEC was a distinct advantage, yet there was little mindfulness among the business group about the venture. He prompted the group to work as one and maintain a strategic distance from legislative issues of allegations keeping in mind the end goal to enhance the picture of the summit collection of exchange and industry (FPCCI).

Mr Alam was of the feeling that without making installments of exceptional deals, impose discounts to exporters, the nation would not advance and falling fares would likewise not move forward.