New Delhi: Indian Prime Minister Narendra Modi on Friday said security forces have been given full freedom in the wake of a dastardly terrorist attack in Jammu and Kashmir that killed 41 CRPF jawans.
The prime minister also chaired a meeting of the Cabinet Committee on Security during which a decision was taken to withdraw the Most Favoured Nation (MFN) status that was earlier granted to Pakistan.
Most Favoured Nation is a treatment accorded to a trade partner to ensure non-discriminatory trade between two countries vis-a-vis other trade partners. The importance of MFN is shown in the fact that it is the first clause in the General Agreement on Tariffs and Trade (GATT).
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Under WTO rules, a member country cannot discriminate between its trade partners. If a special status is granted to a trade partner, it must be extended to all members of the WTO.
When did India grant MFN status to Pakistan?
India granted MFN status to Pakistan in 1996, a year after the formation of WTO.
