Most Favoured Nation

  • MFN Status will be given to India: Pakistan September 7, 2013

    Islamabad: 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...
  • India hopes Pakistan will keep commitment on MFN status June 14, 2013

    New Delhi: Having welcomed new Pakistan Prime Minister Nawaz Sharif's statements on the need to build bilateral relations, New Delhi is also looking forward to Islamabad implementing its commitment on granting India Most Favoured Nation (MFN) status. India is looking forward to Pakistan implementing its commitment on granting it MFN status...
  • 'Pak on the cusp of granting MFN status to India' March 26, 2013

    Washington: Observing that Pakistanis are very much in favor of enhanced economic relationship with India, a top American diplomat stationed in Islamabad has said the country is on the cusp of granting the most favored nation status to its eastern neighbour. "I think that there's been progress in the relationship...
  • MFN-status to India is a work in progress: Pak January 24, 2013

    Islamabad: Pakistan on Thursday said it cannot grant Most Favoured Nation-status to India before the reservations of all stakeholders are removed while pointing out that it was a "work in progress" and that a final decision is yet to be taken. The remarks were made by Minister of State for...
  • 'Pak may grant MFN status to India later this month' January 10, 2013

    New Delhi: India 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 missed the deadline of December 31, 2012, for phasing out the negative list...
  • Pak Commerce Ministry asked to speed up MFN process to India January 4, 2013

    Islamabad: Against the backdrop of a missed deadline for normalising trade relations with India, Pakistan on Friday said the federal cabinet had reiterated its resolve to grant Most Favoured Nation-status to the neighbouring nation. The cabinet, during its meeting on Thursday, discussed the issue of normalising trade ties and reiterated...
  • Hafiz Saeed: No MFN status for India December 17, 2012

    Lahore: The Defa-e-Pakistan Council formed by Jamaat-ud-Dawa chief, and 26/11 Mumbai attack mastermind, Hafiz Saeed on Sunday launched a 'movement' to oppose the move to grant Most Favoured Nation-status to India. "On the pattern of a campaign against the reopening of NATO supply routes, today we announce the launching of...
  • 'Pak curbs efforts to normalise trade with India' July 27, 2012

    Islamabad: Pakistan has decided to curb efforts to normalise trade relations with India and the prospects of abolishing a negative list regime by December have "considerably dimmed", according to a media report on Friday. "Efforts to normalise trade with India have been dealt a serious blow, allegedly due to New Delhi...
  • Pak moving towards granting MFN status to India: Zardari May 9, 2012

    Islamabad: Pakistan is moving towards granting Most Favoured Nation-status to India "despite some hurdles" as the two countries have made significant progress in trade cooperation, President Asif Ali Zardari said on Wednesday. Zardari referred to the importance of regional trade while addressing a dinner hosted by him at the presidency to...
  • 'MFN-status to India paradigmatic shift in policy' May 3, 2012

    Islamabad: Pakistan President Asif Ali Zardari on Wednesday said that granting Most Favoured Nation-status to India was a "paradigmatic shift in policy driven by the business sectors on both sides of the border". Zardari made the remarks at a dinner hosted by the Lahore Chambers of Commerce and Industry at the...
  • MFN status for India by Oct: Pakistan December 8, 2011

    Islamabad: Pakistan on Thursday said the process of giving India Most Favoured Nation status to boost bilateral trade is expected to be completed by October next year. Foreign Office spokesman Abdul Basit said "October next year is the time-frame which has been given" for granting MFN status to India. He was...
  • Gilani says MFN decision on India not yet taken November 17, 2011

    Islamabad: Pakistan Prime Minister Yousuf Raza Gilani on Wednesday said a decision is "yet to be taken" on the issue of granting Most Favoured Nation-status to India and that the cabinet had authorised the Commerce Ministry to conduct negotiations in this regard. Responding to points raised by lawmakers in the National...
  • Pakistan not backtracked MFN status: Khar November 5, 2011

    Islamabad: Pakistan has not backtracked on the issue of giving India Most Favoured Nation-status and officials of the two countries will work out modalities for normalising bilateral trade relations, Foreign Minister Hina Rabbani Khar said on Saturday. "There is an impression in the media that Pakistan made a decision (on MFN)...
  • MFN status not granted to India: Gilani November 5, 2011

    Islamabad: Prime Minister Yousuf Raza Gilani has made it clear that Pakistan has not granted the Most Favoured Nation status to India, saying the Commerce Ministry has only been tasked to move forward on the issue in bilateral negotiations. "The Cabinet has only given its approval in principle to move forward...
  • India welcomes Pak's move to grant MFN status November 5, 2011

    New Delhi: Pakistan's decision to grant India Most Favoured Nation (MFN) status is likely to boost trade between both countries. India exports vegetables and few other items valued at about 15 hundred crore rupees every year via the Attari-Wagah border crossing. And now with Pakistan granting MFN status to India...
  • Pak 'backtracked' on India trade status: Source November 5, 2011

    New Delhi: A senior Indian government source accused Pakistan of backtracking since announcing it had granted its neighbour the trading status of Most Favoured Nation, but Islamabad immediately denied the allegation. The disagreement exposed potential hurdles in attempts to improve relations between the two traditionally hostile neighbours. Pakistan announced it was upgrading...
  • Pakistan's u-turn on India's MFN status? November 3, 2011

    New Delhi: India has welcomed the grant of 'Most Favoured Nation' status by Pakistan but now there is confusion over the status of the Pakistani cabinet's decision. A press release posted on Wednesday night on the Pakistan government website said the cabinet had given the mandate to take the trade...
  • Pak grants India Most Favoured Nation status November 2, 2011

    Islamabad: Pakistan's cabinet unanimously decided on Wednesday to grant India Most Favoured Nation status to liberalise trade between the two South Asian countries. Pakistan's Information Minister Firdos Ashiq Awan said, "Today after an extensive briefing by the commerce secretary, the cabinet unanimously decided to grant India Most Favoured Nation status." Trade has...
  • Pak terror groups oppose MFN status for India October 27, 2011

    Islamabad: Several banned jihadi groups, including the Lashkar-e-Taiba and Hizb-ul-Mujahideen, on Thursday opposed Pakistan's move to grant Most Favoured Nation (MFN) status to India. Leaders of the groups, including Muttahida Jihad Council chairman Syed Salahuddin, told a gathering of hundreds of supporters at Aabpara Chowk in Islamabad about their movement to...
  • Give India favoured nation status: Pak panel April 22, 2010

    Islamabad: Pakistan government should consider granting India the 'Most Favoured Nation' status to exploit the huge trade potential as free trade relations with it will enable the country to achieve higher and more equitable GDP growth, an official panel has recommended. The recommendation was made by the Panel of Economists, constituted...
  • India not "most favoured" for Pak June 17, 2007

    New Delhi: Pakistan has done it again. The nation has ruled out giving India the Most Favoured Nation (MFN) status - all because External Affairs Minister Pranab Mukherjee had said that the nation should implement South Asia Free Trade Area (SAFTA) in toto to encourage free trade in the region. "I've...