ISLAMABAD: Coordinator to Federal Tax Ombudsman (FTO) Meher Kashif Younis said that Chinese President’s visit to Russia raises hopes of peace and progress. Talking to delegation of industrialists and traders led by Shahid Nazir, he said that international community attaches great importance to visit, said press release. Perhaps high price some countries especially under-developing including Pakistan are paying for Ukraine conflict has raised international community’s expectations that China can help resume peace process to end Russia-Ukraine conflict, he added.

He said this conflict has, directly and indirectly, hit local economy, which caused ever-spiralling inflation and disrupted chain supply affecting imports of raw materials besides deepening economic growth.

He said durable peace is prerequisite for sustainable economic growth and if Chinese sincere efforts yielded results then it will help greatly to help stabilise bleak economy and bring life to peace in Eurasia.

He said China’s success in mediating a rapprochement between Saudi Arabia and Iran has raised hopes it could do same with Russia and Ukraine, particularly because Beijing has open communication channels with both countries.

Published in The Daily National Courier, March, 27 2023

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