The Renewed Hope of Multilateralism in South Asia: Applying the MFN Principle to Pakistan–India Trade. Issue 4 (November 2013)

• Record Type: Journal Article
• Authors: Gopalan, Sasidaran; Malik, Ammar A.; Reinert, Kenneth A.
• Is Part Of: Global policy. Volume 4:Issue 4(2013:Nov.)
• Page Start: 445
• Page End: 448
• Publication Date: 2013-11
• Subjects: Globalization -- Periodicals; International relations -- Periodicals; World politics -- Periodicals; 327.1705
• DOI: 10.1111/1758-5899.12080
• Languages: English
• ISSNs: 1758-5880

Abstract

Abstract: The multilateral trading principle of nondiscrimination and the World Trade Organization commitment of most‐favoured nation (MFN) treatment have been missing in the Pakistan–India trading relationship. This practitioner commentary addresses recent moves toward multilateral principles between these two countries, namely Pakistan's decision to grant MFN status to India. It considers the political economy of Pakistan's 'negative list' in addressing 'sensitive sectors' in Pakistan and provides partial equilibrium estimates of the domestic output, consumer welfare and net welfare impacts in Pakistan of liberalizing trade in this negative list. Abstract : The multilateral trading principle of nondiscrimination and the WTO commitment of most‐favoured nation (MFN) treatment have been missing in the Pakistan‐India trading relationship. This practitioner commentary addresses recent moves toward multilateral principles between these two countries, namely Pakistan's decision to grant MFN status to India.