Pakistan to 'gift' MFN status to India this New Year
Islamabad, Nov. 16 (ANI): Pakistan's Minister for Commerce Makhdoom Amin Fahim has said that Pakistan will confer India with the Most Favoured Nation (MFN) status from January 1, 2013, by abolishing negative list and assured of no delay on it.
"There would be no delay on our commitment for implementing MFN status with India from Jan 1, 2013," The News quoted Fahim, as saying.
He said that abolishing the negative list comprising 1,209 items would be done on December 31, 2012 and MFN status would be implemented from Jan 1.
On the issue of South Asian Free Trade Area (SAFTA), he said that the government would remove concerns of stakeholders. India would have to reduce sensitive list by 30 percent next year while Pakistan would move ahead in this regard in coming years, he added. (ANI)
South Asia Newsline - Oct 01, 2014
October 1, 2014 at 10:03 AM
Hong Kong protesters boo China's National Day
October 1, 2014 at 9:54 AM
GORAKHPUR TRAIN COLLISION: 12 DEAD, OVER 45 INJURED
October 1, 2014 at 9:53 AM
PM MODI LEAVES FOR INDIA CONTENTED, THANKS AMERICA
October 1, 2014 at 9:52 AM
Hong Kong holds flag-raising ceremony to mark China anniversary
October 1, 2014 at 8:28 AM
Modi and Obama discuss trade, terrorism at White House
October 1, 2014 at 8:27 AM