Pakistan no longer ‘Most Favoured Nation’: India

New Delhi: Union Finance Minister Arun Jaitley on Friday announced that the “Most Favoured Nation” status which was granted to Pakistan stands withdrawn.

The decision was taken in the Cabinet Committee on Security meeting held a day after the worst-ever terror attack in Jammu and Kashmir since militancy erupted in 1989, when a suicide bomber on Thursday rammed his SUV packed with explosives into a Central Reserve Police Force bus on the Srinagar-Jammu highway in Pulwama district, killing at least 45 troopers, injuring 38 and leaving the security establishment stunned.

“The ‘most favoured nation’ status which was granted to Pakistan, stands withdrawn. People who are responsible & have supported this act of terrorism will have to pay a heavy price for it,” said Arun Jaitley after meeting of the Cabinet Committee on Security on Pulwama Attack.

The Ministry of Commerce will issue the necessary communication in this regard, he added.

Jaitley further said “MEA will initiate all possible diplomatic steps which are to be taken to ensure the complete isolation from the international community of Pakistan of which incontrovertible is available of having a direct hand in this act.”

The MEA in due course will keep you informed with regard to steps taken, he added.

Jaitley said that the MEA would also engage with the international community to make sure that the Comprehensive Convention on International Terrorism which has been pending for over three decades with the UN, particularly because of the definition of the word terrorism, must be adopted at the earliest.

Besides Modi and Jaitley, External Affairs Minister Sushma Swaraj, Home Minister Rajnath Singh and Defence Minister Nirmala Sitharaman were also present at the meeting.

Jaitley said that the CCS observed a two-minute silence for those who made the ultimate sacrifice and expressed their condolences to the bereaved families. At least 38 others continue in hospitals with injuries in the attack that has left the security establishment stunned.

He said the CRPF of course will make detailed arrangement with regard to transporting the bodies of the deceased to their families.