Monday, May 26, 2003
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By B. Muralidhar Reddy
The Pakistan Commerce Minister, Humayun Akthar, has already said that as of now Islamabad had no intention of granting MFN status to India but that it was willing to discuss the subject once both the countries got into a dialogue mode covering all contentious issues such as Kashmir. Quoting a senior official, the English daily, Dawn, said that a preliminary meeting in this connection would be held on Monday at the Foreign Office to deliberate upon various proposals for discussion between the two countries. The meeting — which would be attended by senior officials from the Ministries of Defence, Railways, Sports and Culture, Interior, Foreign Office and Commerce — would also work out a negotiation agenda for a possible resumption of dialogue. It would also discuss resumption of air, train, bus services and sport ties between both countries as well as proposals for further enhancement in these areas. The main task, however, would be to discuss the pros and cons of possible extension of MFN status to India and its likely implications on Pakistan's economy. According to a report, the paper said, giving MFN status to India would create problems for Pakistani manufacturers engaged in producing goods that were also being produced by their Indian counterparts. "There is a possibility that the products in which the Indian producers enjoyed an edge in quality could wipe out the Pakistani products from the local market." The report recommended that to facilitate trade and technology exchange between the two countries, especially in agriculture, it was necessary that more border-crossing spots were set up. It also recommended relaxation of visa procedure for businessmen. The report said that Indian industry would have an edge in accessing Pakistani markets because of government support. Indian exports covered under the export promotion capital goods and technology up-gradation schemes were tax-free in India along with several export incentives available to such goods.
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