AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Businessmen Panel (BMP) Chairman Mian Anjum Nisar has said, "India has once again lost the chance to bring stability, peace and harmony in the region."
He supported the National Security Council's (NSC) bold step to suspend trade and downgrade diplomatic relations with India. This move can be seen as direct fallout of Narendra Modi government's decision to remove all special provisions relating to Kashmir and bifurcate the state into two union territories, Jammu and Kashmir, and Ladakh.
Mian Anjum Nisar condemned the Indian government's decision to revoke Article 370, which gave special status to Jammu and Kashmir. "Masses need not to worry as the Pakistan Army has all the abilities and capabilities to frustrate unholy designs of the enemies," he said.
He said that Indian annexation of Kashmir has put the world's peace at stake which will damage all regional economies and push millions into poverty.
"Indian economy will be damaged more than other countries as they have much to lose," he said and added we may not attend those SAARC Chamber of Commerce meetings under protest where there will be Indian presence.
However, in the first quarter of FY19-20, India's exports to Pakistan were $452.5 million and imports were $7.13 million. In FY18-19, India total exports to Pakistan were $2.06 billion, while imports were $495 million. India's major items of export are organic chemicals, cotton, plastics and dyes, while imports are fruits, edible nuts and mineral fuels. He also urged the Chinese Government to call off trade with India as well under protest of Ladakh which is now a part of Union of India. Anjum Nisar further said that in the given circumstances, there are very little chances of a breakthrough after recent PM Modi move in Lok Sabah.

Copyright Business Recorder, 2019

Comments

Comments are closed.