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Pakistan Industrial and Traders Associations Front (PIAF) has welcomed Pervez Malik on assuming charge as the Commerce & Textile Minister, hoping that he would concentrate on the improvement of economy and take serious measures in this regard in consultation with the real stakeholders. Chairman PIAF Irfan Iqbal Sheikh on Monday said the commerce minister should make every effort to accomplish economic revitalization. Under a new minister, a series of major measures need to be adopted in an effort to further revitalize the slowing economy in Pakistan, he added.
Sheikh said the economy of every country is always based on its export but unfortunately Pakistan's export is declining constantly which is not a good omen. A stable government can steer the country away from economic crisis and defuse tension in the region, paving the way for progress and prosperity. He urged the leaders of all political parties to help strengthen democratic system in the national interest, as political stability was a key factor for economic development.

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