After a suicide bombing terror attack in Pulwama in which at least 40 Central Reserve Police Force (CRPF) personnel lost their lives, the Indian government has withdrawn The Most Favoured Nation or MFN status from Pakistan a move which would enable India to increase customs duty on goods coming from neighbouring country.
Both the countries are members of WTO which means they have to treat each other and other WTO member as favoured trading partners in terms of imposing custom duties on goods.
The Government said that they will take every possible step to ensure complete isolation of Pakistan from the international community, which is expected to have a hand in Pulwama attack carried out by Jaish-e-Mohammed.
There is hardly any strong trade ties between the two countries, it is considered that such a move will only be symbolic.
The Government said that they will take every possible step to ensure complete isolation of Pakistan from the international community, which is expected to have a hand in Pulwama attack carried out by Jaish-e-Mohammed.
There is hardly any strong trade ties between the two countries, it is considered that such a move will only be symbolic.
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