Islamabad, June 14: Indian customs has allowed Pakistan to re-export the ceased dried shipments, which has been struck at the Attari border check post since the trade movement between two neighbouring countries were stopped following Pulwama terror attack on 14 February.
According to ANI news reports, it is necessary to be recalled India had raised the basic customs duty by 200 per cent over Pakistani exports, owing to which trade activities were halted between two cross-border nations.
Pakistan ministry of commerce has released an official statement which said the shipments were stopped at the Attari border since February 16, when the Indian exporters refused to clear the shipments amidst escalating tensions between two nations, according to Dawn news reports.
In the aftermath of the Pulwama terror attack, New Delhi had pulled MFN (Most Favoured Nations) status which was accorded to Islamabad.
Moreover, the hiked custom duty has affected the date producers in Pakistan around 96 per cent of the nation’s total date good exports are India-bound. They were, moreover, deprived of huge markets of India for the sale of their goods.
India has provided the MFN status to Pakistan in 1996. The MFN is given to the foreign trade partner in order to ensure the non-discriminatory trade between member states of the WTO.
A nation who provides the MFN status to another has to offer concessions, immunity, and privileges in trade deals.
Pulwama terror attack took place on February 14 in Jammu and Kashmir which claimed the lives of about 44 CRPF personnel. The terror responsibility was claimed by Pakistan backed and based Jaish-e-Mohammed (JeM) terror outfit chief Masood Azhar.