Pakistan blames India for delayed MFN status
Islamabad has held New Delhi responsible for the delay in the process of granting Most Favoured Nation status to India.
Islamabad: Islamabad has held New Delhi responsible for the delay in the process of granting Most Favoured Nation (MFN) status to India.
Pakistan`s Commerce Minister Makhdoom Amin Fahim said India is reluctant to remove non-tariff bearers (NTBs), and as a consequence, the non-availability of a level playing field to Pakistani exporters has delayed the granting of MFN status to India, reports The Express Tribune.
The Commerce Ministry was unable to meet the deadline of December 31, 2012, of granting the MFN status, as it was consulting other ministries and private sector stakeholders to assess and evaluate the level playing field enjoyed by Pakistani exports to India, and to resolve issues of non-tariff barriers being faced by Pakistani exporters and market access of Pakistani products to India.
Fahim said that the ministry will now submit the case to the Cabinet for complete normalisation of trade relations with India in due course. The decision to grant MFN status to India was taken by the Cabinet in its meeting held on November 02, 2011.