Pakistan likely to grant India ‘Non Discriminatory Market Access’ status
ISLAMABAD: Pakistan is likely to grant “Non Discriminatory Market Access” status to India this week, citing sources ARY News reports on Tuesday.
According to a Commerce Ministry source, the decision of granting the non discriminatory market access will be made in a special meeting of the federal cabinet.
Khurram Dastagir, Federal Commerce Minister, said that the proposal of Most Favored Nation for India has already been finished. “Now is the time that the country is given the status of non discriminatory market access”, he added.
Dastagir further said that Pakistan has requested India to reduce its duties on 250 to 300 goods and Pakistan will grant the non discriminatory market access status in exchange.
The deal was likely to be made in January but was postponed due to unknown reasons.
The commerce minister added that Pakistan wants to boost economic ties with India on priority basis whereas no political disputes will be allowed to come in between.