KBP against grant of MFN status to India

Attention: open in a new window. PDFPrintE-mail

Kisan Board Pakistan (KBP) has urged the government not to decide in haste to declaring India as Most Favoured Nation (MFN) and suggested to leave the matter to next government as very little time has left in the general elections.

"Any decision made in haste may leave long lasting negative impact on the country and the nation", Sardar Zafar added. Expressing his opinion, he said that government's announcement of declaring India MFN by deviating from our principal stand was a poisonous stop for the nation.

He also strongly reacted to the proposed tour of the minister for trade to India and Indian foreign minister's statement urging Pakistan to give MFN status to India. He alleged that unfortunately a specific group was also promoting this in Pakistan. He said these elements were painting trade with India as beneficial for Pakistan but reality was contrary to it.

He said that Pakistan would bear irreparable loss in the agricultural sector alone as Indian farmers were getting heavy subsidies as compared to Pakistani growers. He said that increase in agricultural inputs, imposition of general sales tax, sky rocketing prices of diesel and petrol and increase in the power tariff for agricultural tube wells had also multiplied the problems faced by the growers of Pakistan. 'In such a situation trade with India will be a trade of 100 per cent loss,' he added. KBP Chief appealed to all the countrymen to come forward to restrain the rulers from taking this decision.


Courtesy: B Recorder


Forex open Market rates & comments Archive

Login Form