US lawmakers urge Trump administration to reinstate GSP for India

In the letter, the lawmakers said that they have a strong desire to see GSP eligibility for India reinstated

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Current affairs: A bipartisan group of 44 influential lawmakers has urged the Trump administration to reinstate India's designation as a beneficiary developing nation under the key GSP trade programme as part of a potential trade deal between the two countries.

The Trump administration terminated India's designation as a beneficiary developing nation under the Generalized System of Preferences (GSP) in June.

The GSP is the largest and oldest US trade preference programme and is designed to promote economic development by allowing duty-free entry for thousands of products from...read more

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