In today’s episode of the Tribune Take we take a look at the 'Most Favoured Nation' (MFN) status granted to India -- or so we thought.
Khuram Husain, Express News' business editor, explains the confusion surrounding this issue. As facts reveal, two contradicting statements from two different branches of the government and a media whirlwind mistakenly suggested India had been given MFN status.
Husain discusses the reaction of the business community here in Pakistan, and the future outlook of trade between Pakistan and India post-MFN. Industries likely to be impacted by the MFN trade status are the auto mobile manufacturers, the pharmaceuticals and Pakistan's thriving textile industry, says Husain.
Watch today's episode here, or click the video thumbnail in the right hand column.
The Tribune Take daily news web show will appear on the tribune.com.pk home page.
The Take will feature in-depth interviews and analysis with editors and reporters who are covering the major stories, exploring front page events and major ledes. The news analysis covers the way The Express Tribune examines a story, how we cover it and why.
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I wonder who came up with the name 'Most favoured Nation', pakistan seems to have paid the heaviest price(billions by now starting 1996) because of this. They should ask WTO to alter this to something like, 'Just Business, Even with the Enemy' (JBEE). Pakistan would grant the status to India in a day
@Kulamarva Balakrishna: If you are so desperate for recognition why don’t you post something sensible instead of a constant stream of dribble with ‘Vienna’ on the top!
Typical of Indo-Pak relations... Talk big and then same old story... May be they will do business with each other like MFN but without calling that way... This will help Pakistan to deal with Mulla lobby.
@Kulamarva Balakrishna, I hope you realize that the way you write your comments is very unappealing, even though you make good comments!
Vienna,November 3,2011 So all that was a bubble meant to burst,just like Pakistan. Icredible announcements and denouncements all unanimously. Taravadu Taranga Trust for Media Monitoring TTTMM India --Kulamarva Balakrishna