Pak's 'Most Favoured Nation' Status to India is Most Confusing
Thursday, 03 November 2011, 22:54 IST
Printer Print Email Email
Pak's 'Most Favoured Nation' Status to India is Most Confusing
Bangalore: Hours after announcing that it would grant the much-delayed MFN (Most Favoured Nation) status to India, the Pakistan government on issued several confusing statements which made no direct mention of the significant step aimed at boosting bilateral trade. Minister Firdous Ashiq Awan said at a crowded news conference that the federal Cabinet had unanimously approved a proposal to give India the 'Most Favoured Nation' status, statements issued by the government last night merely said the Cabinet had cleared a proposal for "normalisation of trade relations". The statements made no mention of the Cabinet approving the Commerce Ministry's summary or proposal for giving India the MFN status, as had been announced by the Information Minister. Significantly, Awan had announced that all stakeholders, including the powerful military, were "on board" for the move to give India the MFN status. After the Cabinet meeting chaired by Prime Minister Yousuf Raza Gilani and Awan's news conference, a statement issued by the Prime Minister's Secretariat late in the night said the Cabinet was "briefed on the steps being taken for normalisation of trade with India". The Cabinet was "apprised about the further steps to be taken in this direction so as to bring trade in line with our international obligations", the statement said, without making any mention of giving MFN status to India. The Cabinet further directed the Commerce Ministry to "ensure that Pakistan's vital national economic interests are fully protected," the statement said.
Source: PTI
Digital Supply Chain Transformation – Winning the AI/ML Way