Pak grants India Most Favoured Nation status
Pak grants India Most Favoured Nation status
Pakistan's cabinet unanimously decided on Wednesday to grant India Most Favoured Nation status.

Islamabad: Pakistan's cabinet unanimously decided on Wednesday to grant India Most Favoured Nation status to liberalise trade between the two South Asian countries.

Pakistan's Information Minister Firdos Ashiq Awan said, "Today after an extensive briefing by the commerce secretary, the cabinet unanimously decided to grant India Most Favoured Nation status."

Trade has long been tied to political issues between the neighbours, who have fought three wars since independence.

There are hopes that progress in trade ties will help bolster a fragile peace process, which resumed in February.

India earlier broke off talks after the November 2008 attack on Mumbai by Pakistan-based militants that killed 166 people.

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