Pak to curtail negative list of trade items with India from 1209 to just 100

Islamabad, Jan. 23: Pakistan has decided to curtail the negative list of 1209 trade items with India to just 100 items in the sensitive list with imposition of additional duty.

Newly appointed Board of Investment Chairman Dr Miftah Ismail said that Pakistan and India are now holding talks for non-discriminatory reciprocal access to each country, instead of most-favoured nation (MFN) status, the Nation reports.

According to the report, Indian investors are not allowed to invest in Pakistan, as they only trade in goods.

He, meanwhile, clarified that Pakistan and India are not signing any bilateral investment treaty as of now, as their first priority is to compete in exports. (ANI)