developing countries: GK, Current Affairs, Questions, Trivia and News

US to end preferential trade terms Under GSP for India

The US President Trump has terminated India’s designation as a beneficiary developing nation under the Generalized System of Preference (GSP) trade programme. Why did the US Withdrew? The US has stated that: India did not assure the US that it will provide equitable and reasonable access to its markets. India has implemented a wide array ..

Indian Proposal to Halt Waste Dumping Defeated

A proposal moved by India to prevent developed countries from dumping their electronic and plastic waste onto developing countries was defeated at the meeting of the Basel Convention in Geneva. The breakthrough was made through an amendment to the Convention to include plastic waste in a legally-binding framework. The amendment calls to make global trade ..