Pakistan has delayed the grant of Most Favoured Nation-status to India along
with abolition of a negative trade list regime "for a short time" because of
reservations expressed by several industries, Commerce Minister Makhdoom Amin
Fahim has said.
"The process of (phasing out) the negative list and granting MFN-status has been
delayed for a short time. The reason for the delay was reservations of various
industries about protecting the interest of local manufacturers," Fahim said.
Fahim said the decision to delay the phasing out of the negative list and the
grant of MFN-status was made after he had discussed the issue with his Indian
"I talked to Indian Commerce Minister Anand Sharma on the issue and he
understands the issue and agreed to the delay for a short time," he said.
The Pakistan government is taking steps to address the reservations expressed by
some domestic industries over the grant of MFN-status to India, Fahim told
reporters on the sidelines of a meeting at the Karachi Chamber of Commerce and
Industry over the weekend.
Fahim said he could not give a fresh date for granting MFN-status to India.
A final decision would be made by the cabinet, he said.
Pakistan had earlier said it would phase out the negative list regime by
December 31, paving the way for MFN-status to be granted by the New Year.
The negative list allows commerce in all but 1209 items.
Islamabad had earlier missed another deadline for removing restrictions on trade
through the land route before end of October, 2012.