KARACHI: As tensions escalate between Iran and the United States, serious concerns are emerging over the potential fallout on Pakistan, with experts warning of severe economic and social consequences if negotiations fail.
Senior Karachi-based journalist Shams Kerio said the ongoing negotiations–largely focused on Iran’s nuclear programme–have been undermined by recent developments, including alleged military actions during the dialogue process. He questioned the credibility of such talks, asking what guarantees exist that similar actions will not be repeated.
Kerio stressed that war is not a solution and urged both sides to return to the negotiating table. “Issues can only be resolved through dialogue, not conflict,” he said, adding that Iran seeks credible assurances to rebuild trust in the process.
Focusing on Pakistan, Kerio warned that any breakdown in negotiations could further strain the country’s already fragile economy. He noted that Pakistan’s dependence on regional trade and oil imports makes it highly vulnerable to disruptions, which could trigger inflation and economic instability.
He also highlighted structural challenges, including high government expenditure and limited financial reserves. According to him, tighter fiscal management and reduced spending are crucial to control inflation, especially during a crisis.