India revokes Most Favoured Nation status to Pakistan after Pulwama attack

• Indian has revoked the “most favoured nation” (MFN) status to Pakistan in the wake of a suicide attack by Jaish-e-Mohammad (JeM) in Kashmir.
  
• The MFN status grants a foreign country favourable access to domestic markets and beneficial trade terms.
  
• India contends that JeM has been given a safe haven and a launchpad by the Pakistani establishment.
  

Indian government has revoked the “most favoured nation” (MFN) status to Pakistan in the wake of a suicide attack by Jaish-e-Mohammad (JeM) in Kashmir.

The MFN status grants a foreign country favourable access to domestic markets and beneficial trade terms. India contends that JeM has been given a safe haven and a launchpad by the Pakistani establishment.

Speaking to reporters, Arun Jaitley, who resumed his role as finance minister today to attend security meetings, said that those responsible for the attack would pay “a heavy price”. The Pulwama attack on Thursday was the worst - by the number of deaths - since militancy erupted in Kashmir in 1989.

The announcement comes the morning after Pakistan denied any involvement in the suicide attack in Kashmir’s Pulwama district which killed 45 members of the Indian army. An additional 38 people were wounded.

Most militant attacks in Kashmir attacks in recent years have been coordinated by either the JeM or Lashkar-e-Taiba, another Pakistani outfit. While India, along with the rest of the world, has repeatedly pressed Pakistan to clamp down harder on homegrown terrorist networks, it seems the requests have fallen on deaf ears.


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