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If one goes by statistics, withdrawal of MFN status by India will not have a significant impact on Pakistan. Manish K. Pandey | The Dollar Business India’s relationship with Pakistan has always been complicated. After all, there has been a long history of never-ending issues between the two nations. The situation has become even more complex of late, particularly after India held Pakistan responsible for the attack on an army camp at Uri in Kashmir, an attack in which 17 Indian soldiers lost their lives.  Since then India has been weighing options to respond – from a direct attack on terrorist camps in Pakistan to increased security on the border with its neighbour, from boycotting SAARC summit being hosted by Islamabad to even rereading ...

The Dollar Business Bureau Pakistan’s High Commissioner in India, Abdul Basit, on Wednesday, stated that India and Pakistan need to work on improving non-trade barriers, in order to ease their bilateral trade. Speaking to media at an event organised by the MCC Chamber of Commerce, the official also stated that India and Pakistan should narrow down the list of sensitive items that are facing trade challenges between the two countries. In this regard, Abdul Basit informed that there are totally 1,209 tariff lines, under which the products are defined at higher levels for the purpose of setting import duties, which India cannot export to Pakistan, under Pakistan’s sensitive list. On the other hand, under the sensitive items list on India’s side, Pakistan cannot ...

. Sai Nikesh | The Dollar Business Pakistan on Monday said that the uneven trade prevailing between India and Pakistan is affecting Pakistan’s economy on a larger scale and the balance of trade is heavily in favour of Indian economy. Pakistan’s high Commissioner to India Abdul Basit said, “Providing Most Favored Nation Status (MFN) to India will adversely affect Pakistan’s economy because of the uneven trade. So, India should take adequate measures to increase imports from Pakistan to get MFN status.” Abdul Basit was speaking at a conference on Enhancing India-Pakistan trade, organized by the Indian Council for Research on International Economic Relations (ICRIER), in New Delhi on Monday. Highlighting the number of non-tariff barriers imposed by India on ...