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Lahore Chamber of Commerce and Industry Vice President condemns politics of agitation

Lahore, June 18, 2016 (PPI-OT): The Vice President of the Lahore Chamber of Commerce and Industry Nasir Saeed has demanded of all the political parties to show maturity and commitment with the country and try to resolve issues through talks as politics of agitation is pushing the national economy to the wall. In a statement issued here, Nasir Saeed said that trade and economic activities are being submerged therefore the business community appeals the protestors to stay away from such politics which is creating anarchy like situation.

He said that the country is facing a huge economic loss only because wrong statements and irrational attitude of political players. He said that a week of stalled economic activity costs the country around $ 500 million or $2 billion per month and a weak economy like Pakistan cannot afford even one million dollar loss to exports.

He said that at a time when country is facing severe internal and external challenges, the situation is bound to affect the national interests. The LCCI Vice President said that such activities would not only tarnish the image of the country in the eyes of international community but would also hinder economic growth. He said that the leadership of all political parties should join hands for strengthening the economy instead of hatching conspiracies against the Government for their vested interests.

He said that the political leaders should settle issues through talks, which is a democratic, and the just forum for this purpose instead of disturbing the business activities and public life through holding sit-ins and rallies. He said that in the past, politics of agitation has caused irreversible loss to the national economy besides tarnishing the soft image of the country. He said that in the present scenario, country cannot afford to bear more economical loss. He said that business community is the main stakeholder of the economy and it should not be treated as useless thing.

For more information, contact:
Shahid Khalil
Information Department
Lahore Chamber of Commerce and Industry (LCCI)
11-Shahrah-e-Aiwan-e-Tijarat,
Lahore -54000, Pakistan
Tel: +92-42-111-222-499
Fax: +92-42-36368854
Website: www.lcci.org.pk

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