US Hails Pak Decision To Grant MFN Status To India

The US today applauded Pakistan’s decision to grant the Most Favoured Nation status to India, saying it was the “most tangible” thing to have happened in Indo-Pak relations that could lead to full normalisation of their trade ties.

“This is a very, very big deal, very important; could lead to really great economic opportunities for both India and Pakistan; sets the kind of example within the Silk Road family that we would like to see throughout that region,” State Department spokesperson Victoria Nuland told reporters.

In response to a question on the issue, she said “We’d like to see the opening of trade relations because this will bring prosperity to everybody, break down old barriers, really lift all boats in the region and make the region even more vital as a centre of global commerce.”

From: http://ping.fm/Wz8Sm