India meets criteria for GSP: Foreign Secretary
Foreign Secretary Vijay Gokhale asserted on Thursday that India meets the criteria for trade concessions under the US’ Generalised System of Preferences (GSP). He added that it was up to America to take a call on reinstating India’s status as a beneficiary of that programme. On Wednesday, a bipartisan group of 44 US lawmakers asked the Trump administration to reinstate India’s designation as a beneficiary developing nation under the GSP trade programme. The Trump administration terminated India’s designation as a beneficiary developing nation under the GSP on June 5.