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PIJBF 4th Meeting

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Times of India

Pakistan seeks tariff protection to break MFN deadlock

Abdul Basit, Pakistan high commissioner to India said Pakistan wants a level-playing field for promoting and further strengthening trade ties with India. (TOI file photo by Santosh Bane).

NEW DELHI: As India awaits MFN status — or what Pakistan euphemistically calls non-discriminatory market access (NDMA) — from Islamabad, Pakistan on Friday said the Indian government needs to address its concerns related to “market access, tariff and non-tariff barriers”.

India has in the past, towards the end of UPA-II, accused Pakistan of raising the issue of non-tariff barriers to deny it NDMA.

Pakistan high commissioner to India Abdul Basit said Pakistan wants a level-playing field for promoting and further strengthening trade ties with India. “There is need to address concerns relating to market access, tariff and non-tariff barriers,” he said.

“At the same time, innovative proposals and ideas may also be explored which can help create economic inter-dependence between the two countries. Mutual economic dependence will boost confidence amongst the business communities and make economic cooperation sustainable,” he added, while addressing the fourth meeting of the Pakistan-India Joint Business Forum (PIJBF).

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