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Trade with any country to be carried out on reciprocal basis: Dastgir

Trade with any country to be carried out on reciprocal basis: Dastgir

ISLAMABAD: Federal Minister for Commerce Khurram Dastgir Khan has said that trade with any country including India is supposed to be carried out on a reciprocal basis and no additional facility would be awarded to any country in this regard.

He added that Pakistan has been a member of World Trade Organisation (WTO) since 1995, and all member states of the organisation had granted the MFN status to each other by virtue of their WTO status. The minister further said that this regime simply explained non-discrimination in trade between the WTO countries.

According to federal minister, the decision of awarding MFN status to India, if taken, would be a democratic one, and all the sensitive sectors of trade would be protected. The minister said that the problem Pakistan is facing is that we had a limited export basket, which needed to be enhanced.

The commerce minister added that the government aimed to boost the export of other sectors. Furthermore, the government was also reforming the Trade Development Authority of Pakistan under this vision.