Global instability could become a major challenge for Pakistan’s economy: Syed Aman Shah

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Syed Aman Shah, Provincial Convener of Awaam Pakistan Party Balochistan, has stated that the growing geopolitical and political tensions in the region—particularly the situation along the Pakistan–Afghanistan border and ongoing conflicts in the Gulf region—are creating uncertainty in global trade and energy markets, which could pose serious challenges for Pakistan’s economy and industrial sector. However, he added that if timely and effective strategies are adopted, these circumstances could also be transformed into economic opportunities.

In a statement, Syed Aman Shah said that the effects of global conflicts are first felt in the energy, shipping and supply chain systems, which increases production costs and raises the risk of a slowdown in trade activities. He noted that fluctuations in international markets directly impact Pakistan’s industries and export sector, therefore the government and economic policy-making institutions must closely monitor the evolving situation.

He further said that the Pak–Afghan border situation is also a significant factor for regional trade because Afghanistan is not only a major market for Pakistan’s exports but also an important trade route for access to the Central Asian states. If border tensions escalate, it could negatively affect bilateral trade, transit trade, and regional logistics systems.

Syed Aman Shah pointed out that Pakistan’s industries are already facing challenges such as high energy prices, financial pressures, and rising costs of raw materials. In such circumstances, any further increase in regional tensions could impact production costs and export competitiveness in several sectors, including textiles, steel, chemicals and food processing.

He urged the government to formulate a comprehensive economic strategy in light of the current global situation, focusing on alternative energy sources, promotion of regional trade, and strengthening supply chains in order to protect domestic industries and exports from potential risks.

He also expressed hope that through prudent economic policies, Pakistan can minimize the impact of global instability and further strengthen its economy.

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