Inside Financial Markets

Talks with Pakistan gov’t ended in failure: Tahir ul Qadri

tahir raja nasirTalks with Pakistan gov’t ended in failure: Tahir ul Qadri

A Pakistani cleric leading mass anti-government rallies in the capital says talks with the government have yielded no results.

“Sorry to announce that the dialogue with the government has completely failed,” Muhammad Tahir ul-Qadri told a gathering of his supporters in Islamabad on Wednesday.

“We tried our best for peaceful negotiations. Now nobody can blame us. The remaining people should come tonight and join us, the decision will be yours.”

Qadri, along with Imran Khan, the leader of Pakistan Tehreek-e-Insaf (PTI) party, has been leading daily rallies in the capital since August 14.

Qadri, who is the head of the opposition Pakistan Awami Tehreek (PAT) party, and Khan have been protesting against alleged vote fraud in the last year’s parliamentary elections that brought Prime Minister Nawaz Sharif to power.

Sharif has ordered the Supreme Court to set up an investigative team to look into the elections.

On Monday, Qadri issued a 48-hour deadline for Sharif to step down. The premier, however, has refused to resign.

“We are not going to be diverted by these things,” Sharif said on Wednesday, referring to calls for his resignation by thousands of protesters camped outside the parliament.

“The journey for the supremacy of the constitution and law in Pakistan will continue with full determination and, God willing, there will not be any interruption in it.”

On Monday, the Supreme Court ordered protest leaders and the government to find a compromise solution so that the “Red Zone” — home to parliament, the prime minister’s home, foreign embassies and government offices — could be cleared. However, the protesters defied the court’s order.

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

The Canadian Securities Institute


CSI is part of Moody's Analytics Learning Solutions, which offers educational programs and credentials throughout the world.

Email Newsletter

Subscribe to receive inspiration, news, and ideas in your inbox.

Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)