LAHORE (APP) - Pakistan private sector Wednesday urged USA to provide direct market access to Pak products on zero rate duty to help stabilize its bleak economy as Pakistan has suffered a colossal loss of $68 billion since turmoil in Afghanistan and war against terror. Talking to a high level visiting US Senators delegation comprising Jon Kyl, Jeffsession, John kline, Chris Carney and Jane Harman, Congress Women here at the USA consulate, founder Chairman Pak-US Business Council and VP SAARC Chamber of Commerce and Industry, Iftikhar Ali Malik emphasised the urgent need for assisting Pakistan to overcome its economic crisis by restoring quota system for Pakistan at par with all other under developing countries. He said that Pakistan always strongly condemned the acts of terrorism worldwide and has been US active associate against the menace of terror. He said that Pak economy has been suffering a net loss of $ 7 billions annually in the aftermath of war against terror besides rendering millions of people displaced in addition to endangering the security in the country. He said that 3.5 million Afghan refugees are still camped in Pakistan which is lability on our territory. Acting Principal Officer, Consulate of USA, Mattew D.Lowe, Economic Officer, Mark S Palermo, Deputy Chief of Mission, Gerald M. Feierstein, Khawaja Ahamd Tariq Rahim, Arif Nizami, Mian Muzaffar Ali, Mujahid Kamran, Misbah Ur Rehman, Khurshid Kasuri, Abida Imam, Fakhar Imam, Pervaiz Malik, Dr.Shehla Javed and Syed Babar Ali and high ranking diplomatic officials were also present on the occasion. He said US program of Reconstruction Opportunity Zones (ROZ) must be implemented instantly and make sure cent per cent buy back as 550 textile weaving,spinning,textile make-up and garments units with full infrastructure needs immediately rehabilitation and direct US market for stabilizing the national economy on war footings. About power crisis, Iftikhar Ali Malik said that US should provide technology for coal fired generating energy to Pakistan to meet our ever increasing demand for power which is badly needed for sustainable economic and agriculture growth. Iftikhar Ali Malik said that due to unrest and turmoil in neighbouring country, major chunk of Pak food stock is smuggled to Afghanistan which ultimately leads to acute goodgrain scarcity. He said that proper and timely USA assistance will ensure durable peace, stamp out terror besides strengthening the democratic system of government in Pakistan. He said there is vast scope for US private sectors and investors in every sphere of life especially in agro, power, IT and textile sectors. He said that Pakistan fully supports US President Barack Husein Obama for war against terror. He said Obamas mechanism for holding parleys will also help a lot to eliminate extremism from the world. Iftikhar Ali Malik said the US Chamber of Commerce (USCC) could play a pivotal role in this regard, being an important channel for trade ties between the two countries and link to American markets. He said that entire world especially the poor countries are confronting the worst ever economic recession after 2nd world war and this issue of vital importance is to be addressed on top priority to fully ensure peace and security in the world. He said Pakistan is an emerging market rich in opportunities for US investment, and observed that US is already an important trading partner. Iftikhar Ali Malik said Islam is a universal religion advocating peace, justice, brotherhood and equal rights for all human beings irrespective of their creed or colour, and abhors violence and terrorism. There is a need to present Islam in its true perspective, and the Western media should play a positive role to dispel wrong notions that spread fear and mistrust, he observed. Iftikhar urged the need to restore relations to the level of pre 9/11 days, adding that good relations between the US and the Muslim Ummah would help restore confidence and attain world peace. With South Asia becoming the hub of international economic activity, restoration of peace in the region is all the more necessary, he said, and urged the US President to exercise his influence in this connection and help find a just and permanent solution to the Kashmir issue as well.