Prime Minister Narendra Modi will chair a meeting on September 29 in which the ‘Most Favoured Nation’ status granted to Pakistan will be reviewed. The review meetings come post the Uri terror attack in which 19 Indian soldiers were killed.
The term means that the country has granted the status to receive equal trade advantages. If the government withdraws the move, the impact will be mainly symbolic because bilateral trade between the neighbours represents a fraction of India’s overall goods trade.
Whereas on Saturday India’s Prime Minister Narendra Modi criticized Pakistan accusing it of being an exporter of terrorism, and vowing to mount a global campaign to isolate it.