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imageLAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Monday said that the PTI's politics of confrontation causing huge loss to the national economy.

Speaking to a large gathering of business leaders, importers and exporters, business magnates and tycoons here, Vice President, Federation of Pakistan Chambers of Commerce and Industry, SM Naseer said the country has been passing through a critical phase since its inception and it is the need of the hour that economy and democracy ought to be strengthened on top priority for its survival. He said that prevailing global scenario, the survival of states now absolutely banks on sound economy. He said to achieve this target, political stability is equally pre-requisite.

He said that all political parties should shun the politics of violence and strike in the larger national interest to strengthen both national economy and democracy which are part and parcel. SM Naseer, categorically announced that entire business community once again reposed their full confidence in the leadership of Prime Minister Muhammad Nawaz Sharif and in prevailing circumstance, the elected government must complete its five year term for sustained economic growth.

He said, "we strongly condemn the anti-democratic self-styled politics of Imran Khan who is bent upon derailing the system to achieve its ulterior motives and nefarious designs to please foreign masters."

Another federation VP Munawar Mughal speaking on the occasion said that due to the political situation, organised investment oriented exhibitions and sports events in Pakistan have altogether been cancelled which he added is great national loss but political opponents did not realise it at all.

He said, "We fully support the elected government unconditionally and will not allow disgruntled elements to sabotage democracy and continuity of a politically stable government is mandatory for sound economy".

The United Business Group Chairman Iftikhar Ali Malik,the largest alliance of chambers and trade associations in the country briefly speaking on this occasion urged the PTI Chief Imran Khan do not play with destiny of the nation by undemocratically resorting to the politics of confrontation and violence. He said that PTI sit-ins has inflicted billions of rupees irreparable loss to business community.

Copyright APP (Associated Press of Pakistan), 2014

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