Which country has recently suspended the ‘Most Favoured Nation’ status granted…
2025
Which country has recently suspended the ‘Most Favoured Nation’ status granted to India as a retaliatory action ?
- A.
USA
- B.
Maldives
- C.
Australia
- D.
Switzerland
Attempted by 33 students.
Show answer & explanation
Correct answer: D
The Most Favoured Nation (MFN) principle is an important concept in international trade under the World Trade Organization (WTO), ensuring that countries extend equal trade advantages to all WTO members.
In the context referred to by this question, Switzerland suspended the Most Favoured Nation (MFN) status granted to India as a retaliatory measure. Therefore, Switzerland is considered the correct answer according to the given source/key.
Key Point
MFN (Most Favoured Nation) status ensures non-discriminatory trade treatment among trading partners.
The question refers to a specific international trade dispute in which Switzerland withdrew or suspended MFN-related benefits for India.
✅ Answer: D) Switzerland