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New silk route

Pakistan’s granting the Most Favoured Nation (MFN) status to India is truly momentous news, which should be welcomed by all those who desire stability, peace and prosperity in South Asia. The clearance by the Pakistan Cabinet of giving India the MFN status will ensure that the secretary-level talks scheduled for later this month in Delhi can focus on the way forward and on removing the constraints in expanding bilateral trade. The announcement will surely also help to roll back the pessimism that currently characterises bilateral relations. This could be one of those news that could help lift investment sentiments not only in India but in the entire region.

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