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‘No Most Favorite Nation status for India planned’

Updated November 14, 2018

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"The govt hopes to complete the second FTA with China by June 2019," says adviser to PM.— APP/File
"The govt hopes to complete the second FTA with China by June 2019," says adviser to PM.— APP/File

LAHORE: The government has no plans to grant Most Favorite Nation (MFN) status to India, clarified Adviser to Prime Minister for Commerce, Textile, Industry and Investments, Abdul Razak Dawood on Tuesday.

He was addressing journalists at the post-inauguration media talk of International Cement Conference and Exhibition organised by All Pakistan Cement Manufacturing Association and Intercem.

Mr Dawood said the country’s cement related exports, especially clinker, continued to increase and are likely to touch a figure of 20 million tonnes soon.

“There are some petty issues which can be resolved. Our current production is 55m tonnes. The volume of our cement-related exports at present is 5m tonnes and is expected to touch 20m tonnes worth $1 billion in future,” he hoped.

He said the government is working out free trade agreements (FTA) with different countries, especially China, and hopes to complete the second FTA with China by June 2019.

Published in Dawn, November 14th, 2018

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