While the operationalization of the Most Favoured Nation (MFN) offered to India by Pakistan remains a problem to be addressed, both sides tried to take their business relations to a higher level as senior officials began talks on Monday to flesh out a plan to open trade. Commerce Secretary Zafar Mahmood and his Indian counterpart Rahul Khullar reached “broad agreement” and emphasized the establishment of a preferential trade agreement (PTA) between the neighboring countries in the two-day debate in New Delhi – aimed at double the annual trade in the next three years and $ 6 billion. Full story