Indo-Pak relation News
Withdrawal of Most Favoured Nation (MFN) status by India is likely to hurt Pakistani industries as it might stop flow of raw materials at competitive prices, experts say.
India granted the MFN status to Pakistan in 1996 but Pakistan is yet to reciprocate to that. The neighbouring country has missed its own deadline of December 2012 for giving India this tag.
Expressing concern over violence on the line of control, State Department Spokesman John Kirby said both India and Pakistan should resume dialogue to address their issues.
The four-day director general level talks between India`s BSF and the Pakistan Rangers would end on Saturday with an agreement to maintain peace on border. The talks took place amid ceasefire violation on the LoC in Jammu and Kashmir.
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