Balochistan to figure in talks with India: Gilani

ISLAMABAD - Terming the composite dialogue 'the only way forward' for Pakistan and India, Prime Minister Yousuf Raza Gilani warned that any delay in resumption of talks would benefit the terrorists. It is the role of the leaders to serve as a bridge between the two countries, rather than erecting walls, Gilani said when asked about his exclusive meeting with Indian Prime Minister Manmohan Singh on the sidelines of the NAM summit. Answering questions of the mediamen after inaugurating Islamabad Stock Exchange Towers, Gilani brushed aside the reported comments of US representative Richard Holbrooke that no information had been handed over to India regarding Balochistan. The issue was discussed between the two prime ministers, Gilani said and added We will give them information (on Balochistan) once the dialogue starts. He appreciated the 'vision and leadership' of the Indian Prime Minister for expressing his views at the Lok Sabha. If the composite dialogue does not start, it will only favour the terrorists, Gilani pointed. Prime Minister Gilani also said that Pakistan wanted friendly relations with India and the upcoming meeting between the two foreign ministers and foreign secretaries on the sidelines of the UN General Assembly session in New York, would be a way forward. He said Pakistan has sought more information regarding the Mumbai attacks. About Samjhota Express, he said it was for the Interior Minister to take up the matter. Gilani also dismissed remarks by British High Commissioner Robert Brinkley that Osama bin Laden or other al-Qaeda leaders were in Pakistan. I disagree with him, he said. Meanwhile, Gilani said that the government would continue with its policy of privatisation of the state-owned entities with the help of stock exchanges. He said this while addressing the inaugural ceremony of the 22-storied Islamabad Stock Exchange (ISE) Tower. The Prime Minister said that privatisation through the stock markets was the most transparent process globally and the government would continue the policy with regard to the projects in pipeline. He said that the government had undertaken serious initiatives for the development of the capital market and the reform process would continue to change the economic environment. The Prime Minister said the Demutualization & Corporatisation bill would be introduced in the Parliament soon as it was in line with the prevailing international trends. Demutualisation was also important to keep the securities market attractive for the foreign investors particularly from portfolio investments perspective. Gilani said that in order to avoid recurrence of recent stock market crisis, the government had initiated remedial measures including abolishment of continuous fund settlement system. He further said that the government had set its priorities and expressed confidence that the policies would provide sound basis for sustainable growth of the market instead of causing any artificial bubble like the past. He said the government had a clear aim to make stock market as the preferred choice for the global investors by adopting best international practices and universal rules of transparency and efficiency. Referring to terrorism and militancy, Gilani said these were the biggest threats to the economy particularly the foreign investment. Our success in fight against militancy in Swat and other areas shows the commitment of the government in rooting out this menace. He said the international community, which earlier expressed concerns on the rise of militancy and terrorism was praising the governments role in combating the threat. He further added that the government had initiated steps so that its impact should be minimal for Pakistan. The government was fully focused to cope with the power crisis, Gilani said. We are aware that loadshedding is severely hitting our economy as well as our masses. Therefore, we are making serious efforts to resolve this problem as early as possible, he added. Gilani noted the role of the business community for the provision of relief to the internally dislocated persons and hoped it would continue during the most important phase of rehabilitation and reconstruction.

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