India revokes Most Favoured Nation status granted to Pakistan

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