US to end India’s GSP trade program
01, Jun 2019
Prelims level :
Mains level :
- President Donald Trump announced in March he would end India’s access Generalized System of Preferences (GSP) trade program over whatwas lack of access to India’s market.
- The program allows emerging countries to export goods to the US without paying duties.
- The benefits could be restored if India gave U.S companies fair and equitable access to its markets.