Heart Versus Head? Let The Heart Win!
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 ...
MFN does not mean extraordinary access to markets - PAK Commerce Minister
Sai Nikesh | The Dollar Business Not an extraordinary market access, instead, India will likely be granted a Non-Discriminatory Market Access (NDMA), said Pakistan Commerce Minister in a recent announcement. Khurram Dastgir Khan, Commerce Minister, Government of Pakistan, on Saturday stated, “There is an incorrect perception among many that Most Favoured Nation (MFN) status to India means giving it extraordinary market access, which is actually not correct. That is why we decided to replace this term with NDMA.” However, he said granting NDMA status to India is almost same as MFN status, which it was supposed to give India under its treaty to World Trade Organisation. Referring to Pakistan Prime Minister Nawaz Sharif’s personal opinion on liberalisation of trade ...
