Pakistan has yet to grant the most favoured nation (MFN) status to India, Parliament was informed on Wednesday.
Still, the Obama Administration has been raising the issue with the new Nawaz Sharif Government to grant MFN status to India as soon as possible.
India is unlikely to be granted the `Most Favoured Nation` (MFN) status before 2014 Lok Sabha elections and resumption of composite dialogue between the two nations, Pakistan Finance Minister has said.
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.
The government on Monday said Pakistan has not adhered to the deadline for according the Most Favoured Nation (MFN) status to India.
As uncertainty over timeframe in granting of MFN to it by Pak continues, India said it has to wait for the May 11 general elections` outcome there.
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.
Pakistan in "every likelihood" may announce grant of `Most Favoured Nation` (MFN) status to India before the Annual Partnership Summit later this month.
Stakeholders in Pakistan have "some reservations" about giving Most Favoured Nation-status to India and issue will be discussed at meeting between two sides, Foreign Secretary Jalil Abbas Jilani said.
The Pakistan government recently decided to switch over to a negative list regime for trade with India.
Commerce and Industry Minister Anand Sharma spoke to his Pakistani counterpart Makhdoom Amin Fahim immediately after the decision taken by the Pakistani Cabinet.
Pakistan government should
consider granting India the `Most Favoured Nation` status to
exploit the huge trade potential, an official panel has recommended.
Day in Pics: 19th September
Showbiz World - September 19, 2014
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