Most favoured nation
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 initiatives taken by their respective countries to boost digital economy. Ministers also ..
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 for India. However, in 2019, India walked out of the agreement. Why ..
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 economic action against Pakistan was taken following Pulwama terror attack. Key Highlights ..
Month: Current Affairs - June, 2019
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. This move would enable India to increase customs duty on goods coming ..
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 China and hopes to complete second FTA with China by June 2019. ..
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 with India. This will subsequently open up Business opportunities in around 6,850 ..