Beijing, Nov 3(ANI): China today welcomed the Pakistan government's decision to grant 'Most Favored Nation' (MFN) status to India.
"As a neighbor and friend of India and Pakistan, China will continue to support the two sides to improve relations through dialogue and cooperation and accomplish collaborative development," Xinhua quoted Chinese Foreign Ministry spokesman Hong Lei, as saying.
"Both India and Pakistan are important countries in south Asia. Their improving bilateral relations are vital for the area's peace, stability, and development," he added.
Earlier, on Wednesday, Pakistan's Cabinet unanimously decided to grant India the trade status, a major breakthrough that could bolster efforts to improve relations between the nuclear-armed rivals.
The MFN status for India comes in return for lifting non-tariff restrictions on imports from Pakistan.
The MFN status provides trade equality among partners by ensuring that an importing country will not discriminate against another country's goods in favour of those from a third. (ANI)
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