‘Islamabad not informed about MFN status withdrawal’

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Sunday said that New Delhi had not informed Islamabad about withdrawing Pakistan’s status as Most Favoured Nation (MFN).

India on Friday had reportedly announced the withdrawal of the MFN status for Pakistan, following the attack on Indian forces in Pulwama in Indian Held Kashmir, a move which would enable India to increase customs duty on goods coming from Pakistan.

The status was granted by India in 1995. The grant of MFN status means that a country will treat all World Trade Organisation member states equally in matters of tariffs on imports.

Speaking to Geo News, Dawood said, “We are looking into the withdrawal of MFN status by India. We can speak to India about this issue.” He further said Pakistan can raise this issue at different forums including the World Trade Forum. The adviser added that both Pakistan and India are members of the World Trade Forum.