New Delhi: India has expressed the hope that Pakistan would reciprocate by giving "Most Favoured Nation" (MFN) status to it and participate in the "win-win" situation for both countries.

"One can only hope that better sense will prevail and Pakistan will see the benefits in extending MFN to India and participate in the 'win-win' situation created for both economies," External Affairs Minister Yashwant Sinha said.

"In denying MFN status to India and imposing curbs on, Pakistan is in violation of World Trade Organisation (WTO) charter, in violation of South Asian Association for regional Co-operation (SAARC) charter and in violation of the fact that India has not withdrawn MFN status from Islamabad," he said.

India granted MFN to Pakistan in 1995-96, while Pakistan has not extended the normal WTO rights or the MFN status to India, though it has maintained a "permissible list" of 600 items that may be legally imported from New Delhi.

About Indo-Pakistan Chamber of Commerce and Industry's submission of five to six recommendations, including relaxing visa norms and removal of other trade barriers, Sinha said government would look into all these recommendations in "totality".

"Government of India would not be found wanting in implementing those recommendations," he said and added that New Delhi expected similar commitment from Pakistan government.

PTI