ISLAMABAD: The government on Thursday put off a cabinet meeting scheduled today to approve grant of the most-favoured nation (MFN) status to India.

“Yes, the meeting has been postponed,” Federal Minister for Information and Broadcasting Pervaiz Rashid told Dawn.

One reason of the postponement Mr Rashid pointed out was that some of the cabinet members were not available for the meeting to approve the decision.

India is going for elections in May, and the PML-N government would now strike a trade deal with the new government, the information minister said.

Spokesman for the commerce ministry, Muhammad Ashraf, told Dawn that the cabinet was scheduled to discuss, among other things, matters related to trade with India during the meeting.

“The ministry always remains prepared and provides professional input to the cabinet whenever a matter related to trade is to be discussed in the cabinet,” Mr Ashraf said.

The cabinet meeting was to take two important decisions regarding trade with India — abolishing the negative list of tradable items (1,209 items) and allowing import of more than 7,000 items via Wagha border.

Abolishing the negative list, items that cannot be imported from India, means the grant of MFN status to the neighbouring country.

Currently, only 138 items are importable from India via Wagha border.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Afghan puzzle
Updated 28 May, 2024

Afghan puzzle

Unless these elements are neutralised, it will not be possible to have the upper hand over terrorist groups.
Attacking minorities
28 May, 2024

Attacking minorities

WHILE Pakistan has watched many perish in the cauldron of sacrilege, the state has done little to turn down the...
Persistent scourge
28 May, 2024

Persistent scourge

THE challenge of polio in Pakistan has reached a new nadir, drawing grave concerns from the Technical Advisory Group...
Mercury rising
Updated 27 May, 2024

Mercury rising

Each of the country's leaders is equally responsible for the deep pit Pakistan seems to have fallen into.
Antibiotic overuse
27 May, 2024

Antibiotic overuse

ANTIMICROBIAL resistance is an escalating crisis claiming some 700,000 lives annually in Pakistan. It is the third...
World Cup team
27 May, 2024

World Cup team

PAKISTAN waited until the very end to name their T20 World Cup squad. Even then, there was last-minute drama. Four...