We should learn lesson from European States: Masood


KARACHI: President Azad Jammu and Kashmir Sardar Masood Khan has said that Pakistan and India cannot afford any war, and we should learn a lesson from the European countries to develop economy. He said there is need to Pakistan and India to resolve their conflicts with mutual understanding while there is need to put the whole region on the path of development. The rulers of SAARC member countries need to work on Human Development Index, he added. He was addressing the first international conference “Enhancing Trust Through Regional Economic Cooperation” organized by Pakistan South-East Asia Business Forum, here Saturday.
Chief Minister Sindh Syed Murad Ali Shah, Founder PSEABF Sahibzadi Mahin Khan, Farhad Karamally, Air Chief Marshal (Retd) Sohail Aman, Sarani Amarasinghe, SEVP of JS Bank Imran Haleem Sheikh, Meeta Mardaya, DG ISSRA Major General Samraiz Salik, CEO Seed Venture Faraz Khan, Rohintha Korala, SVP FPCCI Syed Mazhar Ali Nasir, Dr. Maria Sultan, and Zarq Khan also addressed the audience.
Sardar Masood Khan said when North and South Korea could sit and talk then why not Pakistan and India sit together and find a solution to the problem of Kashmir. They will have to take steps on war footing for the sake of economic stability. He said Pakistan has played a vital role in the Peace Mission of the United Nations for world peace. The world should appreciate these efforts of Pakistan. New Delhi should appreciate Pakistan’s feelings, he added.
He said Pakistan traders and industrialists should benefit from PSEABF. Earlier this idea had not been submitted at any forum. He said that after the World War II, the European countries thought that relations with neighboring countries should be improved. They eliminated the visas policy for their neighbours and they are today included in the list of developed countries. He said that China, Pakistan, Russia, India and other South Asian countries need to focus on their economy. He said Kashmir is the world’s most sensitive region that is suitable for tourism, small industries and dry fruits business. The four projects of CPEC are continuing in Azad Kashmir. He said, there are huge reserves of precious antiques including marble and granite.
Sindh Chief Minister Syed Murad Ali Shah, in his address on the occasion, said that they are working to bring more investment in the country together with the federal government. He said that regarding investment, we are on the 47th position in the list of East of Doing Business countries that is why we need to give full attention on investors. He disclosed that the Sindh government has computerized its entire revenue record to facilitate the sale of property for investors. It is said that our professionals, doctors, engineers and specialists are working in other countries the basic reason of which is that we have not been able to give them the best opportunities and conditions back home. The Sindh government will sit and discuss what measures should be taken in this connection on priority.
He said that our coastline is 300 kilometers long and we can use it for tourism. Apart from this, we are trying to turn Gorakh Hill a good tourist resort. He said that that all investment works fell victim to the law and order issue that is why we are concentrating on these issues that had been left unattended. He said the Sindh government has established Public-Private Partnership Unit which is working in an excellent manner. He said that the Sindh government has planted a 100 MW power plant at Nuriabad in Sindh which has 49 percent shares of Sindh government in it.
Air Chief Marshal (Retd) Sohail Aman, in his address, said the difference between PSEABF and other world’s other fora is crystal clear. This forum aims at not only introducing business in South-East Asia but also provides facilities to investors. He said instead of seeking or giving loans it would be better to increase our skills and working capacity. He said loan is being sought for CPEC and other projects which is not correct. This loan has to be paid back which is a time consuming exercise but on the contrary, such issues can be overcome by promoting education and technology and by doing so the image of the society can be changed. He said there is need to invest in education and human resources, which is the need of the time. He said that engineers and PhDs can play most important role in overcoming economic problems from Pakistan.
Sahibzadi Mahin Khan, in her address said, the PSEABF aims at introducing businessmen of South East Asia which each other, while strengthening peace and stability in the countries of the region. She said that there are some areas in Pakistan, Sri Lanka and Indonesia and with their help these three countries that can help each other to bring economic stability.
Sarani Amarasinghe said that the Sao-East East countries can use Silk Routes under CPEC for their economic growth and stability. She said that if we have to survive at the global level, we will have to improve our skills. The goals of economic development can be achieved by improving IT, sales and market, bank, finance, eCommerce and supply chain, she added.
Imran Haleem Sheikh said that leadership in the world is changing and this is the time when we can take better steps for economic stability of the country. He said that the capitalist system means free access to the markets. There are ten countries that have highest GDP and out of which nine have a capitalist system. He said Pakistan needs at least five percent annual economic growth, while we are at three percent today. Meeta Mardaya said that trust in any field is the most important ingredient. The values of South-East Asia countries are common that is why we can work jointly in every sector.
Major General Samraiz Salik said that Pakistan is a country with a geographical significance. We can get access to all countries of the world through CPEC and by doing so can take the country towards economic stability. He said that Pakistan is a front line estate that is why China wants to get benefit from Pakistan through CPEC. There is need for us to take full advantage of this opportunity.
Faraz Khan said that the entrepreneurship can play the role of a bridge among the South-East Asian countries. Global players are thinking with reference with human development and consumers and this opportunity should be fully utilized by Pakistan. He said that seven percent of GDP in the UK is derived from creative economy and ‘Kareem’ is the best example of creative economy. He suggested that there should be a joint fund of entrepreneurs of the South-East Asian countries enterprises.
Dr. Rohintha Korala said that Pakistan and Sri Lanka have the potential to promote tourism sector. There are mountains, rivers, and other tourist places in both the countries in which tourism sector can be made beneficial.
Syed Mazhar Ali Nasir said duty barriers are there in ASEAN countries owing to which the volume of mutual trade with these countries is very low. He said that law and order situation has improved in Pakistan. The opportunities to invest in health, education, energy and other sectors exist.
Dr. Maria Sultan said that CPEC can be fully utilized but Pakistan needs to bring improvement in its infrastructure.
Farhad Karamally said that through the PSEABF we can succeed in establishing the best commercial and economic relations with the countries of the region. He said that the government should play an important role in establishing trade relations with the South-East Asian countries.