India withdraws MFN status to Pakistan

India on Fri withdrew the most Favoured Nation (MFN) standing to pakistan, a day after 40 CRPF personnel were killed during a terror attack in Pulwama.

“Most Favoured Nation standing to Pakistan stands withdrawn,” Union finance minister Arun Jaitley told reporters once the conclusion of the meeting of cabinet Committee on Security, chaired by Prime Minister Narendra Modi.
In international trade, MFN treatment is synonymous with non-discriminatory trade policy policy|foreign policy} as it ensures equal commerce among all wto member nations instead of exclusive trading privileges.

“Ministry of External Affairs (MEA) can initiate all potential diplomatic steps that need to be taken to confirm the entire isolation from the international community from Pakistan of that incontrovertible proof is on the market of getting an immediate hand during this gruesome attack,” Jaitley added.

Besides the Prime Minister, the CCS includes the ministers for Home, Finance, Defence and External Affairs.
Forty CRPF personnel were killed once their convoy was targeted on the Srinagar-Jammu National route on Thursday.

The convoy comprised 78 buses during which around 2500 personnel were move from Jammu to Srinagar.
Pakistan-based terror outfit Jaish-e-Mohammad claimed responsibility for the attack, saying it had been caused by a suicide bomber, in keeping with a neighborhood news organisation.
Home Minister Rajnath Singh are visiting Srinagar later within the day to require stock of matters. He will hold review meetings with senior security and police officials to form a ground-level assessment and review operational actions.
Meanwhile, arrangements also are being created to airlift the mortal remains of the troopers who lost their lives within the ghastly attack. (ANI)