Pakistan Crisis Mian Mansha On Budget India: Pakistan Ambani Mian Mansha Says Shehbaz Sharif Should Trade Resumption With India Amid Economic Crisis

Pakistan Crisis Mian Mansha On Budget India: Pakistan Ambani Mian Mansha Says Shehbaz Sharif Should Trade Resumption With India Amid Economic Crisis

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Islamabad: Pakistan’s Shehbaz government has presented the country’s budget amid hopes of getting a loan from the International Monetary Fund. However, the chances of getting loan from IMF are not visible far and wide. Meanwhile, billionaire businessman Mian Mansha, who is called Ambani of Pakistan, has told Shahbaz government fiercely. Mian Mansha, one of Pakistan’s top exporters, said that no country can increase its foreign exchange reserves by selling towels only. He said that to increase the currency reserves, foreign investment will have to be increased like India has been doing continuously since 1991. He praised India fiercely and said that unlike Pakistan, India went to the IMF only once to ask for a loan and then it did not need it.

Mian Mansha said that foreign companies are standing in queues in India. The reason for this is that India has implemented tough reforms and has given a lot of help to investors and investments. He said, ‘On the contrary in Pakistan we see that foreign investors are running away. This is because there is no rule of law here. No one obeys the terms of the contract. Sri Lanka has come out of similar crisis because there is respect for law and contract in the country. Why would anyone invest here when there is an option to invest in better and more attractive places.’
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‘Pakistan should learn from China, befriend India’

Mian Mansha, who built an empire of billions from a cloth mill, said that even after the territorial border dispute, China can do business with India, so why can’t we. He said that Pakistan should increase extensive regional trade with its neighboring countries India, Iran and Afghanistan. Miyan Mansha said that if we resume trade with India, it will open up immense possibilities for business. I understand that you have nothing better than to have better relations with your neighboring countries. And of course, you can’t change your neighbor.

Mia Mansha said, ‘We have to fix things with our neighboring countries. The things that are stopping have to be removed. Once people from other countries come for business and tourism, then I think the doors will start opening. Let us tell you that since the abrogation of Article 370 in Kashmir between India and Pakistan, it has come to a standstill. Pakistan had announced the closure of trade in protest against the move of the Modi government. Now Pakistani veterans themselves are demanding to start it again. Mian Mansha said that we can earn a lot from India by selling only cement.

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