NEW DELHI (PPI) - Bilateral trade between India and Pakistan has potential to increase three-fold within the next three years with the grant of most-favoured nation (MFN) status to India even as Pakistani industry is hopeful of an Early Harvest Scheme (EHS) with India. Trade between India and Pakistan reached $1.85 billion in fiscal year 2010-11, compared to $3 billion with Sri Lanka. Hence, grant of the MFN status by Pakistan to India would result in trading of more items between both the countries. Pakistan would give MFN status to India before October and both sides are working towards creating only one negative list unlike now for businessmen of both countries to have a greater access to each others markets, visiting President India-Pakistan Chambers of Commerce & Industry, S M Muneer told Indian Business Standard newspaper correspondent Nayanima Basu here. According to WTO rules, it is the fundamental right of a country to get MFN status from another member country. Grant of MFN status by Pakistan would expand number of products to be traded in a positive list of commodities that are exported by India. Muneer, who was invited by the Federation of Indian Chambers of Commerce & Industry to visit India, also said the Pakistani industry was seeking to establish EHS with India by opening up more land routes for trade to take place. We want India to open up more land routes beside the Wagah-Attari border. We want them to open up Munabao- Khokrapar route also so that more and more items can be traded and items can be transported with less cost, he added. At present, there are 1,938 items that are there on the positive list. Out of these, 190 tariff lines are allowed through the Wagah border, while the rest are being sent through Mumbai port. Muneer highlighted some of significant non-tariff barriers (NTBs) that adversely impact businessmen of both sides such as restrictive visa, complex inspection procedures, poor air connectivity and land infrastructure, among others.