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Home Chambers & Associations

Govt’s Kartarpur decision highly laudable: ICCI

byCT Report
27/11/2018
in Chambers & Associations, Latest News, Pakistan Chambers
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ISLAMABAD: The business community fully support the decision to build Kartarpur corridor to facilitate Sikhs travel to the final resting place of Baba Guru Nanak, a business leader said Monday.

The decision will not only help Sikhs to visit Pakistan without a visa but it can also bring Pakistan and India together while improving the image of Islamabad, said Daroo Khan Achakzai, FPCCI’s presidential candidate.

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Speaking to the business community, he said that both the countries have decided to allow decades-old proposal which can also pave way for resolving other disputes.

This is a significant breakthrough which is highly praiseworthy and so important that Prime Minister Imran Khan would be breaking ground it, he added.

Daroo Khan Achakzai said that political consideration has remained one the biggest hurdles in the development of the SAARC region which houses 22 percent of the world population.

The situation calls for immediate steps by all the Saarc countries to boost intra-regional trade lest we miss the boat, he added.

The UBG leader said that Saarc is the biggest trading block in the world with the lowest level of trade. The contribution of South Asia in the Global GDP is less than 2 pc and its share in exports in only 1.5 pc.

The pace of growth in SAARC region has been slower at 5 pc as compared with the other blocs, he said, adding that for greater Asia we should enhance cooperation with China, Iran, Afghanistan, and Myanmar.

He said that the cost of cross-border trading in SAARC remained highest in the world while visa difficulties have become a barrier keeping people poor therefore new trade rules should be framed

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