Generalized System Of Preferences
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India considers moving WTO against US over withdrawal of import sops under trade preference scheme
•On 5 March, the US decided to withdraw import duty benefits, which was in the range of 1-6 percent, under its Generalised System of Preferences (GSP) programme
Donald Trump withdraws GSP duty benefits for India: Seven charts decode India-US trade over a decade
Kishork123 •India was the largest beneficiary of the GSP programme in 2017 with $5.7 billion in imports given duty-free status
GSP duty benefit withdrawal by US will have marginal impact on few sectors, says exporters body FIEO
•he US decision to withdraw duty benefits under its Generalized System of Preferences (GSP) programme will have a marginal impact on few domestic sectors such as processed food, leather, plastic, and engineering goods, exporters body FIEO said on Tuesday