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      Policy Perspectives is published by Pluto Journals, an Open Access publisher. This means that everyone has free and unlimited access to the full-text of all articles from our international collection of social science journals, and the authors don’t pay an author processing charge (APC’s).

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      Policy Perspectives

      Volume 9, Issue 2
       
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      Most Favored Nation (MFN) Treatment for India An Analysis

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      Journal: Policy Perspectives
      Publisher: Pluto Journals
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            Abstract

            [While MFN treatment is one of the basic principles of the multilateral trading system under GATT/WTO, exceptions are there and have been exercised by countries considering their own objectives and interests. While India granted Pakistan MFN status since 1996, trade balance remains heavily in favor of India due to Non-Tariff Barriers (NTBs) imposed by India. Considering the nature of relationship between the two countries and state of affairs of Pakistani economy, MFN status will have some worth pondering pitfalls for Pakistan, and only meager gains are expected. Moreover, the hasty decision to grant MFN status to India seems driven more by international agenda than any indigenous imperative. Pakistan needs to adopt a gradual approach and should go for complete liberalization of trade only after guarantees for removal of NTBs and its rightful share of water.]

            Content

            Author and article information

            Journal
            Journal ID (jstor): polipers
            Journal ID (doi): 10.2307/j50009730
            Title: Policy Perspectives
            Publisher: Pluto Journals
            ISSN (Print): 18121829
            Publication date (Print): 1 January 2012
            Volume: 9
            Issue: 2
            Pages: 97-107
            Article
            DOI: 10.2307/42922707
            SO-VID: be7b1c9d-60ca-45d2-9933-ce08d3db7d4d
            Copyright © © 2012, Institute of Policy Studies
            License:

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

            History
            Related

            ScienceOpen disciplines: Education,Religious studies & Theology,Social & Behavioral Sciences,Law,Economics

            [Footnotes]

            1. Das, WTO and the Multilateral Trading System: Past, Present and Future.

            2. WTO, "The Results of Uruguay Round of Multilateral Trade Negotiations."

            3. Qamar, "Trade between India and Pakistan."

            4. Kissinger, On China.

            5. Op. Cit. Qamar.

            6. Business Recorder, February 15, 2012.

            7. Malik, Mehreen Zehra. "India Surprised over Pak Move on MFN Status," The News International, November 16, 2011.

            8. The Nation, March 01, 2012.

            9. Khan, Mubarak Zeb. "S. Asian Nations Agree to Reduce Sensitive Lists," Dawn, February 17, 2012.

            10. US Department of State, "Interview of Hillary Rodham Clinton by Moeed Pirzada of Pakistan TV."

            11. The News International, March 3, 2012.

            12. Rana, Ishfaq Parvaiz. "Divergent Reaction to 'Negative List'," Dawn, March 2, 2012.

            13. The Nation, December 5, 2011.

            14. Op. cit. Rana, Ishfaq Parvaiz.

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