The move came after India withdrew the ‘Most Favoured Nation’ status it had previously granted to its neighbour. "India has withdrawn MFN status to Pakistan after the Pulwama incident. Upon withdrawal, basic customs duty on all goods exported from Pakistan to India has been raised to 200% with immediate effect," Indian Minister Finance and Corporate Affairs Arun Jaitley tweeted on Saturday evening. India had granted MFN status, which ensures non-discriminatory trade between two countries, to Pakistan in 1996. The US has backed India over the incident, saying that it supports the country’s rights to defend itself against cross-border attacks.

Source: bd News24 February 17, 2019 05:26 UTC