Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said Prime Minister Shehbaz Sharif is improving relations with many important countries, including America, China, and Saudi Arabia. He said the business community strongly supports his efforts as it is a matter of national interest.

Talking to the business community, the veteran business leader said that some irresponsible politicians had adopted a policy of making statements against important institutions for popularity.

Such statements have angered many friendly countries, and they reduced or terminated cooperation with Islamabad which greatly increased the country’s problems.

However, Shahbaz Sharif preferred to end the country’s isolation as soon as he assumed power and started improving relations with these nations, the effects of which are also coming to light.

He observed that work is resuming on several stalled projects while the potential for billions of dollars in investment is also emerging.

He noted that the United Nations, International institutions, including IMF, World Bank, and Asian Development Bank, are showing a positive attitude towards Pakistan.

Mian Zahid Hussain said that the Prime Minister is also trying to end the indifference in relations with the US, in which he is getting success.

America is Pakistan’s largest foreign market, and it also receives investments from this country which is the most influential power.

The US has also influenced many international institutions like IMF, while Pakistan needs these institutions to avoid bankruptcy.

Mian Zahid Hussain said that Pakistan would have to balance its relations with the US and China as both powers are important to Pakistan. Still, they conflict with each other, and it will be challenging for Islamabad to remain neutral.

America gives more importance to India than Pakistan, so we have to formulate a suitable plan so that this friendship does not disturb the balance of power in the region and does not harm Pakistan.

India’s military capability is continuously increasing, due to which Pakistan also has to increase its expenses, making the situation more difficult.