Pakistan has said it will not grant Most Favored Nation (MFN) status to India until Line of Control (LoC) tensions are resolved through a composite dialogue process based on mutual interests.
Minister of State for Education Balighur Rehman revealed the government's decision in a statement in the National Assembly, the Express Tribune reports.
The statement comes after Pakistan Tehreek-e-Insaf (PTI) MNA Arif Alvi advised the government to work on new strategy for promoting business relations with India.
The relations between the two nuclear neighbours have been strained since August 5 and 6 ceasefire violation in the Poonch district that led to the deaths of five Indian soldiers.
Since then Islamabad and New Delhi have been blaming each other for violating the ceasefire.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
