Tag: MFN STATUS

India has revoked the Most Favoured Nation (MFN) status to Pakistan in the aftermath of the terror attacks in Pulwama. Most Favoured Nation is a treatment accorded to a trade partner to ensure non-discriminatory trade between two countries vis-a-vis other trade partners. Under WTO rules, a member country cannot discriminate between its trade partners. If… Continue reading India revokes Most Favoured Nation status granted to Pakistan