India ‘appreciates positive gesture’


Pakistan’s decision to grant India the Most Favoured Nation (MFN) status would give the much-needed impetus to bilateral trade, besides improving political ties between the two neighbours, Indian newspaper The Hindu quoted Indian Commerce and Industry Minister Anand Sharma as saying on Wednesday. “We deeply appreciate this positive gesture that Pakistan has taken… when bilateral economic engagement improves, it brings prosperity and growth to both the partners,” Sharma was quoted as saying. The minister, who spoke to his Pakistani counterpart Makhdoom Amin Fahim immediately after the federal cabinet decided to grant MFN status to India, said it would be beneficial for both countries.