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Traders urge parties to defuse tension

2023-05-14
HYDERABAD: Hyderabad Chamber of Small Traders and Small Industry president Mohammad Farooq Shaikhani has appealed to political parties to sidestep their egos and help end deadlock in the country.

He said in a statement issued here on Saturday that the state institutions should play a positive role to deescalate rising tension and find a middle way to bring political stability.He said that business community in Pakistan was facing immense problems including reduced gas supplies and production of electricity. The infrastructure was also on the verge of collapse, he said.

Amid present uncertainty in the country business community had little trust left to create new investment opportunities. Besides, IMF had also warned that Pakistan might face default due to instability, he said.-Staff Correspondent