India: 44 American lawmakers ask Trump admin to restore GSP for India

  • Ahead of Prime Minister Narendra Modi and US president Donald Trump’s meeting, 44 American lawmakers have asked the Trump administration to reinstate India’s designation as a beneficiary developing nation under the Generalised System of Preferences (GSP) programme as part of a potential trade deal between the two countries.
  • In a letter to US Trade Representative Robert Lighthizer dated 17 Sep 19, they suggested an “early harvest” approach that “would ensure that long-sought market access gains for US industries are not held up by negotiations over remaining issues”.
  • Modi will visit the US from 21 Sep 19-27 Sep 19, during which he would address the annual UN General Assembly session and have a series of bilateral and multilateral engagements in New York.

External Link : https://economictimes.indiatimes.com/news/economy/foreign-trade/44-american-lawmakers-ask-trump-admin-to-restore-gsp-for-india/articleshow/71179057.cms

18-Sep-2019


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