President Asif Ali Zardari said that granting Most Favoured Nation-status to India was a "paradigmatic shift in policy driven by the business sectors on both sides of the border".
"The decision would reconstruct the region's economies and increase its stability," he said.
The dinner was attended by envoys, diplomats, members of the LCCI executive committee, several Governors, federal ministers and parliamentarians.
Pakistan recently switched over to a negative list regime for trade, paving the way for MFN-status to be granted to India by the
Patil's foreign trip with kin 'normal practice': MEA
In PHOTOS: Inside the Most Dangerous Nation on Earth
India-Pakistan trade ties leapfrog
Pakistan businesses hope to enter our living rooms
The rising tide of Indo-Pak trade