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Explained: What is Most Favoured Nation status, how will it impact Pakistan

Pulwama terror attack: In terms of trade, such a step can lead to the stoppage of input materials such as chemicals and cotton from India, which will push up costs of production for the relevant Pakistani industries.

Govt says no proposal to review Most Favored Nation status to Pakistan

Under MFN, a WTO member country is obliged to treat other trading nation in a non-discriminatory manner, especially with regard to customs duty and other levies.

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Basit on Indo-Pak ties: Acche din aa rahe hain

Last month, Pakistan’s Prime Minister Nawaz Sharif, who was invited by Narendra Modi to attend his swearing-in ceremony, had discussed issues across the spectrum to further strengthen ties.

MFN status to India not yet on cards,says Pakistan's Finance Minister

He still maintained that Pakistan is committed to promote cordial relations with India.

Pakistan businessmen favour MFN status to India

India had given the MFN status to Pakistan in 2006 but the move is yet to be reciprocated by its neighbour.

India hopes Pak would grant MFN after polls

India on Thursday expressed hope that Pakistan will honour the proposal of granting it the Most Favoured Nation (MFN) status after the general election in the neighbouring country is over.

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India-Pak bilateral trade seen at $8 bn

Opening up of Attari-Wagah border and Pak's granting MFN status to India can increase trade.

Pak firm on MFN; shift to ‘short negative list’ awaits Cabinet nod

The MFN status dominated the trade talks during the talks with Anand Sharma

Pak cabinet puts India MFN in deep freeze

The decision means Pak will continue with the existing regime of restricting imports from India.

Pak Army 'stakeholder' in talks with India: Khar

The country had achieved much more than was expected during dialogue process,she remarked.

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