Despite being a member of the World Trade Organisation (WTO), Pakistan yet to provide Most Favoured Nation (MFN) to India, which is also a member of the organisation.
MFN is a basic principle of WTO which asks its members not to discriminate one member with others.
Pakistan Commerce Minister Khurram Dastgir Khan on Friday categorically informed the country’s National Assembly that no proposal was under consideration to give the MFN status to India, reports DAWN.
He also said that the existence of a negative list was a clear indication that the MFN status had not been given to India. He said that since the Modi government took over last year, no bilateral trade talks had taken place. About non-tariff barriers, he said that these were dealt with on a case-to-case basis with India.
The positive list had been transformed into the negative list few years ago when there was a discussion to provide MFN status to India.
Mr Dastgir, however, said China and Taiwan were in conflict, but their annual bilateral trade was $200 billion. China and India also have hostile relations, but their trade volume stands at $75bn per annum. He also said that being a member of the WTO, Pakis¬tan could not discriminate between its members in trade.
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