LAHORE: Pakistan must capitalize on the emerging opportunities by formulating comprehensive economic and trade policies aimed at boosting investment, regional connectivity and sustainable economic growth while continuing diplomatic efforts for durable peace in the Middle East.
Federal Tax Ombudsman (FTO) Coordinator Saif Ur Rehman expressed these views in a meeting with industrialists here.
He cited that Iran-US truce not only underscored Pakistan’s growing role on the global stage but also opened new economic opportunities, particularly in energy, trade and industrial growth, besides raising hopes for longer-term stability in the region.
He argued that improved regional stability would pave the way for progress on key economic initiatives, including energy cooperation, cross-border trade and industrial expansion. He added that easier access to affordable energy resources and raw materials from Iran would reduce production costs for Pakistani industries and strengthen exports in the coming years.
Pakistan’s constructive diplomatic engagement in easing tensions between Washington and Tehran had enhanced the country’s international standing and projected Islamabad as a credible advocate of peace and dialogue.
He observed that the ceasefire had helped calm fears of a broader regional conflict that could have severely disrupted global oil supplies, trade routes and financial markets
