`Move to give MFN status to India misconstrued`
Islamabad: The issue of Pakistan giving
India Most Favoured Nation (MFN) status is being misconstrued
though it is only meant to ensure that there is no
discrimination in trade between the two countries, Prime
Minister Yousuf Raza said o Sunday.
Gilani made the remarks while interacting with
journalists during a private visit to Pir Jo Goth in southern
He said a similar status had already been given to 100
other countries across the world. The federal cabinet had
allowed the Commerce Ministry to negotiate with its Indian
counterpart on the issue of trade balance, he said.
The government will never compromise on the country`s
national interests while taking steps like giving India MFN
status, he said.
Gilani noted that since his government came to power in
2008, trade across the Line of Control (LoC) had been recorded
at Rs 15 billion.
The annual trade between China and India, despite their
border dispute, was to the tune of USD 60 billion, he pointed
Several extremist groups, including the Jamaat-ud-Dawah,
have opposed the government’s decision to give MFN status by
the end of the year. They have threatened to launch protests
if the government goes ahead with the move.
Following talks between Indian Commerce Minister Anand
Sharma and his Pakistani counterpart Makhdoom Amin Fahim in
Islamabad last week, the two sides agreed to switch over to a
negative list regime for trade by the end of February.
More from India
More from World
More from Sports
More from Entertaiment
- Ajinkya Rahane to captain India on Zimbabwe tour; Dhoni, Kohli rested
- Kejriwal knew Tomar possessed fake degree, says Yogendra Yadav
- Shiv Sena slams HC order banning erection of pandals on roads
- Top leader of NSCN(K) arrested for Manipur attacks by NIA
- Vijender Singh turns professional boxer, to miss 2016 Rio Olympics
- India vs Zimbabwe: Ajinkya Rahane to lead; MS Dhoni, Virat Kohli rested
- Tihar Jail's security breached: Lt Governor Najeeb Jung orders probe, Centre seeks report
- Chinese military research academy praises India's main battle tank Arjun, says it's 'very good'
- Gangster Abu Salem ready to tie the knot with girl seeking to marry him
- Vijender Singh brings down curtains on India career, turns professional