MFN not to harm local industry

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Pakistan decision to grant India the Most favoured Nation (MFN) is not something that the country’s trade bodies and business associations should fear about. The domestic market has just created a lot of hype of the issue. This is not the first time that Pakistan has relaxed its trade policies with other countries. It has happened a lot of times and granting India the MFN status only implies that Pakistan will give the same treatment to the imports of India as it does to imports from United States, Brazil, Thailand etc. However, the government is still taking measures to safeguard and protect the local industry.

Erum Ali
lahore