Meanwhile, Tawfik stated on Monday that the prior bullish feeling was influenced by the recent strong results season. “At the moment, there is no new development in sight to drive upward momentum,” the analyst stated.
“The market is also closely monitoring political developments,” she added.
The talks between the government and the Pakistan Tehreek-e-Insaf (PTI) to set an election date ended in failure.
Pakistan’s rage has grown at the Taliban administration’s failure to rein in the TTP, which is responsible for a fresh wave of violence in the country. The security situation in Pakistan’s northern and southwestern provinces has deteriorated in recent months, prompting officials to reaffirm their commitment to eradicating terrorists.
Islamabad has held multiple rounds of talks with the proscribed TTP, which were mediated by Kabul, but the discussions failed last year, and the militant group resumed its terrorist activities.
Recognising Pakistan’s losses in the war against terrorism, he stated, “In the last 20 years, Pakistan has lost 80,000 lives to terrorism.”
The minister also mentioned Afghanistan finally establishing peace after 44 years.
He went on to say that the difficulties confronting neighbors Pakistan and Afghanistan are similar. According to the minister, both countries have been through numerous difficulties and will now collaborate.
“Pakistan and Afghanistan will have to show flexibility and move towards a brighter future,” Muttaqi remarked.
The minister expressed Afghanistan’s interest in preserving economic connections with Pakistan, saying, “Pakistan has always been our focus.” Since the beginning, there has been an interest in establishing commercial relations with the country.”
Despite political difficulties, the Afghan leader said trade between the two countries remained and that he hoped economic links would continue in the future.
Muttaqi stated the importance of trade channels between the two countries, “Closure of trade routes eliminates several employment opportunities for ordinary citizens.”
Muttaqi claimed that Pakistan’s investment in Afghanistan’s energy reserves may enhance bilateral progress over time.
He went on to say that while both countries have had political and economic issues in the last two years, they both have room for progress.
“Many problems, including livelihood and unemployment, can be controlled by working together,” he explained.
The Afghan minister also mentioned the importance of keeping good relations with countries such as Pakistan, Iran, Turkey, Saudi Arabia, and Qatar.
“We want to strengthen economic ties with Pakistan and Central Asia.” “Our foreign policy is based on dialogue and mutual relations,” he added, noting that their administration’s recent visits to Uzbekistan, Samarkand, and Pakistan demonstrate their good connections.
He called the country’s lack of economic linkages with other countries a “major challenge.”
He lauded Pakistan’s efforts to promote regional economic prosperity and connectivity. Muttaqi further stated that Afghanistan had cultural and religious ties with Pakistan.
The minister added of the Taliban regime in Afghanistan, “It has been 20 months to our government in Afghanistan.” Several challenges have been solved by Allah’s mercy.”
In response to a query about women’s labor force participation, the Afghan minister stated, “Afghan women, 1,000 women health workers, are working in various fields including.” They are also currently enrolled in various madrassahs.”