Pakistan and India also agreed to issue multiple visas to each other's businessmen for a one-year period to expand bilateral trade. Federal Commerce Minister Makhdoom Amin Fahim stated this while talking to the media after inaugurating a carpet exhibition at a local hotel on Tuesday.

The minister said that on the invitation of his Indian counterpart, he had recently headed a 75-member delegation comprising leading businessmen of the country to India. "It was the first Pakistan Commerce Minister's visit to India in the last 35 years," he said, adding, the visit proved instrumental in removing reservations and bottlenecks in the two-way trade between the neighbouring countries.

Amin Fahim said that earlier New Delhi was obstructing the WTO approval to Pakistan for its exports to Europe, however, during the visit, the Indian side agreed to support Pakistan on the issue.

While, the Indian Commerce Minister had also directed the India's ambassador to Geneva to do homework in this regard so that New Delhi could have a stance to favour Islamabad when it took up the issue with EU, he maintained.

To a question, he said Pakistan has no objection on MFN (Most Favourite Nation) status to India and "We will definitely carry it on, however, we want to proceed step by step."

Amin Fahim said, the Commerce Secretary level meeting between the two countries would be held in New Delhi next month, where technical aspects of all these matters would be finalized.