Wednesday, April 27, 2011

Demands of MFN status to India unjustified

Demands of MFN status to India unjustified

Special status to Pakistan remains counter productive

New Delhi never granted unconditional MFN status to Pakistan

Islamabad: [April 27]

The Pakistan Economy Watch (PEW) on Tuesday said demands to accord Most Favoured Nation (MFN) status to India are against the economic and national interests.

The local business circles demanding MFN status to India are not fully aware of the repercussions of such a move, it said.

Pakistani importers may save a billion dollars per year if India is declared MFN but it can damage local industry, increase infiltration, and trigger terrorism, said Dr. Murtaza Mughal, President PEW.

 

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