KARACHI: Saquib Fayyaz Magoon, Chairman Businessmen Panel-Progressive (BMPP) and Senior Vice President Federation Pakistan Chambers of Commerce & Industry (FPCCI), has lauded Prime Minister Shehbaz Sharif, Field Marshal Asim Munir, and Deputy Prime Minister Ishaq Dar for their pivotal role in brokering the ceasefire between the United States and Iran.
In a statement, Mr. Magoon said the historic ceasefire had saved countless lives and restored hope for peace in the region. He noted that Pakistan’s leadership had not only achieved a diplomatic breakthrough but also elevated the country’s stature on the global stage.
Highlighting the economic dimension, Mr. Magoon stressed that the lifting of sanctions on Iran could open significant opportunities for Pakistan. “Cheaper industrial raw materials from Iran will strengthen our manufacturing sector, while gas supplies through pipeline projects and affordable petroleum imports will ease the burden on both industry and the public,” he remarked.
He urged the government to act swiftly and devise a comprehensive plan to capitalize on these opportunities. “FPCCI and the wider business community must be taken on board to ensure that decisions serve the national interest and pave the way for sustainable economic growth,” he added.
Saquib Fayyaz Magoon emphasized that with prudent strategy, Pakistan could embark on a new trajectory of economic development, leveraging regional peace for prosperity at home.
