Topic: Most favoured nation

India- Vietnam signs agreement for cooperation in the field of IT

On December 17, 2021, India and Vietnam signed agreement for cooperation in the field of Information Technology (IT). Highlights Ministers from both the countries exchanged views on several...

December 17, 2021

Why did India not sign the world largest RCEP trade deal?

On November 15, 2020, China and other fourteen Asian countries signed the world largest trade pact under the RCEP of ASEAN grouping. The agreement left the doors open...

November 17, 2020

Imports from Pakistan to India decline by 92% in March 2019

Imports from Pakistan to India have declined by 92% amounting to USD 2.84 Million in March 2019 after imposition of 200% customs duties on all products. The strong...

June 10, 2019

India Withdraws MFN Status of Pakistan

One day after the Pulwama terror attack on 14th February, 2019, India has taken a stern step of withdrawing the Most Favoured Nation or MFN Status of Pakistan....

February 15, 2019

Pakistan has no plans to grant MFN status to India

Pakistan Government has no immediate plans to grant Most Favoured Nation (MFN) status to India. However, it is working out free trade agreements (FTAs) with different countries, especially...

November 15, 2018

Pak to turn from +ve to -ve list for trade with India

As the Pakistan’s Cabinet gave its approval for 1,209 strong –ve list of items in which bilateral trade is barred, Pakistan to turn to –ve list for trade...

March 3, 2012

India-Pakistan: Implications of MFN Status

According to WTO, MFN status means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same...

December 29, 2011

Current Affairs : November 2, 2011

Odisha Government prepares Rs 20 crore Plan to protect elephant from electrocution After some 100 elephants lost their lives, Orissa government has formulated a Rs 20 crore action...

November 2, 2011