Arab Today, arab today india pakistan commerce secylevel talks begin in new delhi
Last Updated : GMT 08:01:26
Arab Today, arab today
Arab Today, arab today

India, Pakistan Commerce Secy-level talks begin in New Delhi

Arab Today, arab today

Arab Today, arab today India, Pakistan Commerce Secy-level talks begin in New Delhi

New Delhi - Irna

The India-Pakistan Commerce Secretary-level talks began here today, with the Most Favoured Nation (MFN) issue among the main agenda items of the parleys that seek to normalise bilateral trade relations. Pakistan\'s Commerce Secretary Zafar Mahmood, accompanied by a team of officials, will hold discussions with his Indian counterpart Rahul Khullar for the next two days to resolve some of the contentious trade issues. These include India seeking clarity on Pakistan\'s Cabinet decision to grant it MFN status and Pakistan seeking liberalisation of visa regime for businessmen. Islamabad, which will have to treat India at par with other economic partners after grant of MFN status, has been complaining about the non-trade barriers for its shipments to the Indian market. Before leaving for New Delhi on Saturday, Mahmood had said in Islamabad, \'...Hopefully, you will hear good news after two days\'. He had also indicated a \'major breakthrough\' in the talks, pti reported. On arrival here on Saturday evening, he had stated that Pakistan was not backtracking on the MFN decision. Mahmood had said that Pakistan stood committed to normalising its trade relations with India and MFN is part of the exercise. India-Pakistan trade is at a paltry USD 2.65 billion even as the third country trade (round tripping) is estimated at USD 10 billion. The two neighbouring countries have intensified their efforts to improve their trade and political relations in the recent past. During his talks with Pakistan\'s Prime Minister Yousuf Raza Gilani on the sidelines of the SAARC Summit at Addu in the Maldives last week, Prime Minister Manmohan Singh had offered to sign a Preferential Trade Agreement with Pakistan, committing to eliminate duties on all goods by 2016. India has also been backing the European Union proposal to grant special trade concessions to Pakistan where floods caused havoc to its economy last year. India had granted the MFN status to Pakistan in 1996. MFN status is a World Trade Organisation rule under which countries are required to give equal treatment to their trading partners. Mixed signals emanating from Islamabad had caused confusion following announcement of the decision of the Pakistani Cabinet on granting MFN status to India. However, Pakistan Foreign Minister Hina Rabbani Khar had clarified on the fringes of the SAARC Summit, \'We will not backtrack on Cabinet decision. So let me categorically say that and I don\'t see a lot of room for confusion.\' This is the sixth round of talks on commercial and economic co-operation between the Commerce Secretaries. Last round was held in April, when India\'s Commerce Secretary Rahul Khullar visited Islamabad.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today india pakistan commerce secylevel talks begin in new delhi Arab Today, arab today india pakistan commerce secylevel talks begin in new delhi

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today india pakistan commerce secylevel talks begin in new delhi Arab Today, arab today india pakistan commerce secylevel talks begin in new delhi

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Taxi! Transport gets an overhaul

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Turkey warns of 'security' steps

GMT 12:17 2017 Sunday ,24 September

Turkey warns of 'security' steps
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday