MFN for India not under consideration: Pakistan

Image
Press Trust of India Islamabad
Last Updated : Aug 12 2013 | 10:44 PM IST
Amid a spike in tensions over clashes along the LoC, Pakistan today said it has no immediate plans to give MFN-status to India as there is a need to normalise bilateral relations.
Finance Minister Ishaq Dar, a close aide of Prime Minister Nawaz Sharif, said the government was not considering any proposal to grant Most Favoured Nation-status to India.
"Giving MFN-status immediately is not under consideration," Dar told Geo News channel tonight.
"There is no consideration as of now. We need to normalise other things," he said in response to a question on whether MFN-status would be granted in the wake of an increase in tensions over incidents along the Line of Control.
Pakistan failed to meet a deadline to give MFN-status to India in January as part of efforts to normalise trade relations. India granted MFN-status to Pakistan in 1996.
Dar said "some actors" in India were trying to "sabotage" a proposed meeting between Prime Minister Sharif and his Indian counterpart Manmohan Singh on the sidelines of the UN General Assembly in New York in September so that the situation in the region does not improve.
"If there is a conspiracy to spoil relations and scuttle the meeting, it is regrettable. We can't change neighbours and so, we should remain peaceful," he said.
Dar acknowledged that peace in the region and Pakistan's economic development were inter-related. "That is the future. If we can promote trade, per capital income will increase, poverty will decrease and there will be GDP growth," he said.
Relations between India and Pakistan have been strained after India accused the Pakistan Army of killing five of its soldiers in an attack along the LoC. The charge was rejected by Pakistan.
The Foreign Office today summoned Indian Deputy High Commissioner Gopal Baglay to protest "continuous ceasefire violations" along the LoC. It claimed a civilian was killed in firing by Indian forces at Rawalakot.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 12 2013 | 10:44 PM IST

Next Story