U.S. open to dialogue on GSP, says Pompeo

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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,”
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