The Trump Administration has been urged by a bipartisan group of 44 influential senators to reinstate India’s designation as a beneficiary developing nation under the key GSP trade program as part of a potential trade deal between the two countries.
The Trump administration suspended India’s designation as a beneficiary developing nation under the Generalised System of Preferences (GSP) in June.
The law Makers in a letter to US President suggested an ‘early harvest’ approach on the occasion of Indian PM Narendra Mod’s visit on September 22 in Houston and the two sides hope to announce a potential deal on longstanding trade issues, including GSP, a media report said.
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