25 US Lawmakers Urge Trump Administration Not to Terminate GSP Benefits to India
The US should not terminate the GSP programme with India after the expiry of the 60-day notice period on Friday, a group of 25 influential American lawmakers has urged the US Trade Representative, warning that companies seeking to expand their exports to India could be hit. The Generalised System of Preference (GSP) is the largest and oldest US trade preference programme and is designed to promote economic development by allowing duty-free entry for thousands of products from designated beneficiary countries.