Pak moving towards granting MFN status to India: Zardari

May 09, 2012 23:53

Pakistan is moving towards granting Most Favoured Nation-status to India "despite some hurdles" as the two countries have made significant progress in trade cooperation, President Asif Ali Zardari said today.

Zardari referred to the importance of regional trade while addressing a dinner hosted by him at the presidency to mark the 50th anniversary of Pakistan-EU relations and said his government had designated 2012 as the "Year of Regional Trade and Economic Connectivity".

"We have made significant progress on trade and economic cooperation with India. We are moving towards the grant of MFN-status to India despite some hurdles," Zardari told the gathering that included diplomats, senior Pakistani officials and the media.

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