Press Esc to close
Monday 02 May 2016
News updated at 4:02 PM IST
Weather
Max: 36.6°C
Min : 24.4°C
In Bengaluru
Sunny day

MFN Status will be given to India: Pakistan

Islamabad, Sep 7, 2013 (IANS):
Finance Minister Ishaq Dar. Wikipedia image

Pakistan has assured the International Monetary Fund (IMF) of granting the most favoured nation (MFN) status to India.

In a written assurance to the IMF, Pakistan said it was moving forward with eliminating the negative list on trade with India as part of its overall trade policy.

“We are moving forward with eliminating the negative list on trade with India and extending India most favoured nation status, and shifting to 'sensitive list' under SAFTA (South Asia Free Trade Arrangement) regime to facilitate increased regional trade,” Dawn newspaper Saturday quoted Finance Minister Ishaq Dar as saying.

The Pakistan Peoples Party government announced Dec 31 2012, that it would grant MFN status to India but the commitment didn't materialise.

On Aug 12 this year, Dar had said that there was no immediate recommendation being considered to grant India the MFN status.

He said there was a need to normalise relations with India on a number of issues.

"There is no immediate consideration to grant India MFN status," he had told Geo TV.


Go to Top

Photo Gallery
Bollywood Actors Tiger Shroff and Shraddha Kapoor during promotion of their film Baaghi...

Bollywood Actors Tiger Shroff and Shraddha Kapoor during promotion of their film Baaghi...

Narendra Modi rides in an E rickshaw during distribution of E rickshaws in Varanasi...

Narendra Modi rides in an E rickshaw during distribution of E rickshaws in Varanasi...

RCB Skipper Virat Kohli with teamate Chris Gayle during an event at a mall in Bengaluru...

RCB Skipper Virat Kohli with teamate Chris Gayle during an event at a mall in Bengaluru...

A potter makes small earthen pots on International Labor Day, on the outskirts of Ajmer...

A potter makes small earthen pots on International Labor Day, on the outskirts of Ajmer...

Aishwarya Rai and Abhishek Bachchan poses with newly wed couple Bipasha Basu and Karan Singh...

Aishwarya Rai and Abhishek Bachchan poses with newly wed couple Bipasha Basu and Karan Singh...

A Mirage appears on the Rajpath as the mercury rises in New Delhi on Sunday...

A Mirage appears on the Rajpath as the mercury rises in New Delhi on Sunday...

eam Haas driver Esteban Gutierrez of Mexico, right, and Force India driver Nico Hulkenberg...

eam Haas driver Esteban Gutierrez of Mexico, right, and Force India driver Nico Hulkenberg...

A boy admires plastic balls put up for sale at India Gate lawns in New Delhi on Sunday...

A boy admires plastic balls put up for sale at India Gate lawns in New Delhi on Sunday...

Indian Air Force Helicopter collects water from Koteshwar dam during the rescue operation...

Indian Air Force Helicopter collects water from Koteshwar dam during the rescue operation...

Children enjoy in the waters of a fountain to beat the heat at India Gate as the mercury rises...

Children enjoy in the waters of a fountain to beat the heat at India Gate as the mercury rises...