China welcomes Pak move to grant MFN status to India
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China welcomes Pak move to grant MFN status to India

Last Updated: Thursday, November 03, 2011, 15:24
 
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China welcomes Pak move to grant MFN status to India

Beijing: China on Thursday welcomed Pakistan's decision to grant the Most Favoured Nation (MFN) trade status to India, saying it would like to see improvement of relations between its two "important neighbours".
 
"India and Pakistan are important countries in South Asia. The improvement of relationship between the two countries is critical to peace, stability and development in the region," Chinese Foreign Ministry spokesman, Hong Lei told a media briefing here today while replying to question on Beijing's reaction o the development.
 
The Pakistani cabinet on Wednesday approved the MFN status for India, which means that Pakistan will give trade treatment to India at par with its other partners.
 
India had granted the MFN status to Pakistan way back in 1996.
 
"As a neighbour and friend of the two countries China hope, India and Pakistan can improve their relationship through dialogue and cooperation for common development," he said.

PTI




First Published: Thursday, November 03, 2011, 15:24


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