Meeting To Review Pakistan’s MFN Status Postponed To Next Week

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Jammu: The meeting scheduled to review the Most Favoured Nation (MFN) status granted to Pakistan has been postponed and will now take place next week, according to sources.

After the Uri attack, India has stepped up the diplomatic offensive against Pakistan. The review of MFN status is part of that diplomatic offensive.

The term ‘Most Favoured Nation’ doesn’t mean any kind of special treatment to goods imported from Pakistan. It only means that there will not be any discriminatory tariffs on any product imported from Pakistan as compared to that same product being imported from any other country.

The MFN status was accorded to Pakistan in 1996 when India joined the WTO and signed the General Agreement on Tariffs and Trade (GATT). Under GATT, India has to extend MFN status to each of its trading partners in WTO, not just Pakistan. As a WTO member Pakistan is also bound by these same obligations.

India has a definitive legal case because Pakistan has not granted reciprocal MFN status to India for the last 20 years.

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