U.S. open to dialogue on GSP, says Pompeo
13, Jun 2019
Prelims level :
Mains level :
CONTEXT:
- S. Secretary of State Michael Pompeo hinted that it was possible to reinstate the Generalized System of Preferences (GSP), a programme for preferential access to certain goods markets in the U.S., for India.
- Pompeo is expected to discuss this as well as 5G network technology and data localisation while in New Delhi later this month on a visit.
- In addition to GSP, data localisation regulations and proposed policies have been a source of friction between the two countries.
- Also push for free flow of data across borders, not just to help American companies, but to protect data and secure consumers’ privacy,”