Commerce Minister Amin Faheem said during a visit to New Delhi last year that Pakistan would grant most favored nation
status to India from Jan.
This issue is what is known as "most favored nation
" clauses in contracts.
Until a few years ago, the term "Most Favored Nation
" was a phrase restricted primarily to the world of international trade.
He then discussed pending cases relating to the Most Favored Nation
(MFN) treatment and free movement of capital to and from "Third" states.
Today, although China possesses weapons of mass destruction and isn't a democracy, it maintains good relations with the United States and even enjoys "most favored nation
" trading status.
The MAI permitted investors to sue states for alleged violation or national treatment or most favored nation
treatment of investment.
THE NEW AMERICAN had been exposing the Clinton-Red China dealings since 1993 when the Clinton administration approved Most Favored Nation
status for the Beijing regime and began sending it super computers and other strategic military-use technology.
House of Representatives on Tuesday rejected a resolution to disapprove President Bill Clinton's decision to extend China's NTR status, formally called Most Favored Nation
(MFN) status, in the coming year without conditions attached.
Which candidate calls for denying Most Favored Nation
trading status to China, saying: "We've got a $60 billion trade deficit with Chinese Communists who persecute Tibetans, persecute Christians, persecute political dissidents ...
By extending the "most favored nation
" trade principle to investment rules, governments would have to treat foreign investors the same way they do domestic ones.
With phrases like "global marketplace," "most favored nation
status," "entrepreneurial capitalism" and "joint venture" flowing in and out of conversation, Huizenga, 52, more closely resembles an investment banker than a man who has spent the last 21 years working in and leading three different foundry organizations.
Nonetheless, some members of Congress may battle against renewing China's Most Favored Nation
trade status in the wake of allegations that Clinton inappropriately approved the transfer of defense technology to Beijing in exchange for campaign contributions from a U.S.