Mian Zahid Hussain urges immediate global intervention as Middle East war severely disrupts Pakistan\u2019s supply chains
\n Karachi
\nMian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology, has expressed deep concern over the escalating US-Israel-Iran conflict, warning that the crisis is inflicting unprecedented damage on Pakistan\u2019s economy, particularly the industrial heartland of Karachi.
\nHe noted that the tragedy of ongoing hostilities, compounded by the blockade of the Strait of Hormuz, has not only jeopardized over twenty percent of global oil and gas exports but has also forced a severe downgrade in Gulf Cooperation Council economic forecasts.
\nMian Zahid Hussain emphasized that safeguarding economic lifelines and maintaining regional balance is no longer just a diplomatic priority but an absolute necessity for the survival of domestic industries.
\nThe logistical impacts on Karachi\u2019s industrial sectors are becoming increasingly unbearable. With international shipping lines avoiding volatile maritime routes, industrial zones such as SITE, Korangi, and Landhi are facing an acute shortage of empty containers and exorbitant spikes in freight charges.
\nMian Zahid Hussain pointed out that raw material imports essential for the textile, pharmaceutical, and manufacturing sectors are severely delayed at Karachi Port Trust and Port Qasim, creating a crippling backlog.
\nConsequently, export orders are being compromised, factory outputs are shrinking, and the cost of production has skyrocketed, threatening layoffs across the country if alternative maritime corridors and supply chains are not secured immediately.
\nIn light of these mounting challenges, Mian Zahid Hussain strongly commended the proactive and strategic diplomacy demonstrated by Pakistan\u2019s civilian and military leadership. He stated that the recent high-level visits to the Kingdom of Saudi Arabia underscore the nation\u2019s unwavering commitment to its closest allies and to regional peace.
\nPrime Minister Shehbaz Sharif\u2019s crucial meeting with Crown Prince Mohammed bin Salman in Jeddah sends a clear, unequivocal message that Pakistan stands in full solidarity with Saudi Arabia during these turbulent times.
\nFurthermore, the former provincial minister highlighted that the emergency visit by the Chief of Army Staff, Field Marshal Asim Munir, to Riyadh was a vital step in reinforcing the historic September 2025 Strategic Mutual Defense Agreement.
\nHis discussions with Saudi Defense Minister Prince Khalid bin Salman regarding joint measures to halt unprovoked attacks showcase the operational readiness and shared security vision of both nations.
\nMian Zahid Hussain also recognized the critical diplomatic interventions led by Deputy Prime Minister Ishaq Dar, which have been instrumental in actively pursuing alternative economic lifelines, including Pakistan\u2019s formal request for a backup oil supply route through Yanbu Sea Port.
\nWhile firmly advocating for the sovereignty of all nations and the immediate cessation of hostilities, Mian Zahid Hussain stated that unprovoked aggression undermining the stability of Gulf partners cannot be ignored.
\nPakistan is executing a highly complex balancing act to prevent strategic partners from being further embroiled in a conflict that threatens global prosperity, while simultaneously implementing necessary domestic austerity measures to weather the economic storm.
\nHe urged all international stakeholders to prioritize diplomacy and exercise the utmost prudence, warning that a prolonged conflict will only deepen the supply chain crisis and inflation affecting millions.
\nMian Zahid Hussain concluded by reaffirming the business community\u2019s full support for the leadership\u2019s efforts to navigate this crisis, ensure national energy security, and foster a peaceful resolution that restores stability to the Middle East and the global economy.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mian Zahid Hussain urges immediate global intervention as Middle East war severely disrupts Pakistan\u2019s supply chains Karachi Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology, has expressed deep concern over the escalating US-Israel-Iran […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-536558","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n