After Indus Waters Treaty, India to review 'Most Favoured Nation' status to Pakistan

| Tuesday, September 27, 2016 - 14:54
First Published |
Uri attack, Narendra Modi, Most Favoured Nation, Sushma Swaraj, Indus Waters Treaty, India Pakistan, MFN status,

This move by India to mount pressure on Pakistan will be taken as symbolic

New Delhi: India's diplomatic offensive against Pakistan after the Uri attack is witnessing a gradual continuation after India decided on Tuesday that it will review the Most Favoured Nation (MFN) status given to Pakistan.

Indian Prime Minister Narendra Modi has called for meeting on Thursday to discuss the possibility of reviewing the MFN status to Pakistan.

The Most Favoured Nation clause was signed in 1996 which, however, has not been reciprocated by Pakistan. MFN means that the country which has been granted the status will receive equal trade advantages.

However, since India's trade with Pakistan represents only a fraction of the overall trade, this move by India to mount pressure on Pakistan will be taken as symbolic.

Indian External Affairs Minister Sushma Swaraj on Monday critically censured the Pakistan government and said that Pakistan must abandon its dream of obtaining territory it covets.

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