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Pakistan wants \\\'level playing field\\\' for better trade ties with India

Sunday, 10 August 2014



New Delhi, Aug 9 (PTI) : After dithering on grant of Most Favoured Nation (MFN) status on India, Pakistan Friday sought to link the issue with market access saying it wants level playing field to promote trade ties with New Delhi.  "Pakistan wants a level-playing field for promoting and further strengthening trade ties with India. There is need to address concerns relating to market access, tariff and non-tariff barriers," Abdul Basit, High Commissioner for Pakistan, said here.
Basit comments were released in a statement by Pakistan High Commission after a meeting of India-Pakistan Joint Business Forum (IPJBF) where businessmen from neighbouring countries hoped Islamabad would confer much awaited MFN to India soon.  Innovative proposals and ideas may also be explored to create economic inter-dependence between the countries, he said.  "Mutual economic dependence will boost confidence amongst the business communities and make economic cooperation sustainable," he said.
After the IPJBF meeting, Pakistani industry expressed hope that Islamabad would soon grant the MFN status as the formalities on the matter have already been completed.