Pakistan to give India MFN status by year-end
A meeting of the Cabinet chaired by Prime Minister Yousuf Raza Gilani "unanimously approved the phasing out of the negative list" regime between Pakistan and India by December, said a statement issued by the Premier's office. There will now be the introduction of a negative list with slightly around 1, 200 items that cannot be traded with India.
However, a media report said Pakistan's Ministry of Industries and Textiles Ministry, which have a crucial say in framing strategies to protect domestic manufacturers, have opposed the move.
(With PTI inputs)