On Friday, Union Minister Arun Jaitley announced that Prime Minister Narendra Modi led Cabinet Committee on Security and decided to withdraw the status of the Most Favoured Nation given to Pakistan for business relations.
The Union Commerce Ministry will release the necessary notification in the given time frame, Mr. Jaitley said.
Mr. Jaitley said that the meeeting was attended by the Home Minister Rajnath Singh, Defence Minister Nirmala Sitharaman and External Affairs Minister Sushma Swaraj, observed two minutes silence as a mark of respect for the martyred CRPF jawans who died after the terrorist attack in Pulwama, Jammu & Kashmir on Thursday.
"The Ministry of External Affairs will initiate all possible diplomatic steps to ensure complete isolation of Pakistan from the international community," he added.
Mr. Jaitley said, "MEA will also engage with the international community to make sure that the Comprehensive Convention on International Terrorism which has been pending for over three decades before the UN particularly because of the definition of the terrorism is now adopted at the earliest," Mr Jaitley said.
"As far as Indian security forces are concerned, they will be taking all possible steps firstly to ensure that full security is maintained and secondly to ensure that those who have committed this heinous act of terrorism and those who have supported it actively are made to pay a heavy cost for it," he said.
After returning from Srinagar, Home Minister Rajnath Singh will probably call an all-party meeting on Saturday and give him information about the incident.