Karachi, Pakistan (BBN) – Pakistan’s apex trade body has hinted on suspending trade ties with India in the midst of differences between the two countries.
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the country’s apex trade body, on Thursday said it would consider suspending trade with India if the situation did not improve soon, reports Dawn.
Abdul Rauf Alam, president of the FPCCI, said that Pakistan had no compulsions of any sort to continue business and trade relations with India under the current hostile conditions, according to the Dawn.
The entire Pakistani business community, he said, was united to take any decision and given the tense situation in the region, it was not possible to continue trade relations with India.
While highlighting the role of the SAARC Chamber of Commerce and Industry, the FPCCI chief said that it left them with no choice but to promote trade relations with ECO and D-8 countries.
The Kalabagh dam and the China-Pakistan Economic Corridor (CPEC) were also facing controversies and losing such opportunities could be damaging for the country, according to Mr Alam.
He also said that the CPEC was a game-changer, but there was little awareness among the business community about the project.
He advised the business community to work in unison and avoid politics of accusations in order to improve the image of the apex body of trade and industry (FPCCI).