Pakistan on Thursday said Most Favoured Nation (MFN)-status cannot be granted to India at a time when there is tension on the borders.
A women`s trade body in Pakistan on Sunday endorsed granting Most Favoured Nation (MFN) status to India, saying that the move shouldn`t be delayed any longer as it is in the national interest.
Pakistan stands to gain from trade with India by conferring it Most Favoured Nation (MFN) status, according to research analyst at Economic Growth Unit of Sustainable Development Policy Institute.
ndia expects Pakistan to announce elimination of negative list of items later this month that will pave the way for full normalisation of bilateral trade and accordance of MFN status to New Delhi.
Pakistan has delayed the grant of Most Favoured Nation-status to India along with abolition of a negative trade list regime.
Pakistan recently switched over to a negative list regime for trade, paving the way for MFN status to be granted to India.
Pakistan Foreign Minister Hina Rabbani Khar expressed the hope that trade relations normalise with India.
Pak Military had advised the political leadership not to act in haste in trade relations with India, BBC quoted.
Kashmir Chief Minister Omar Abdullah on Wednesday said Islamabad
would benefit most if India gets the MFN status.
Prime Minister Manmohan Singh welcomed Pakistan`s decision to grant Most Favoured Nation status to India but said it should have been done long ago.
A Pakistani daily said India-Pakistan ties need to recover from the deep rift that was caused by 26/11 attacks.
Day in Pics: 29th August
August 29, 2014
Famous Ganesh Pandals in Mumbai