Generalised System of Preferences Current Affairs, GK & News
The US-India Strategic Partnership Forum met PM Narendra Modi on October 21, 2019. The discussion of the meeting was based on the steps to ensure Ease of Doing Business. Inferences from the meeting The meeting expressed the reposing faith on Indian Economy among the US industries and commerce circles. In spite of hindrances in the ..
Category: International Current Affairs
In a tit-for-tat trade battle between the United States (US) and India, latter imposed higher tariffs on 28 American goods including almonds, apples and walnut in retaliation to US tariffs. Key Highlights Among targeted US products imported, the custom duty on walnut is increased from 30% to 120%, and on chickpeas, masur dal and Bengal ..
Month: Current Affairs - June, 2019
Category: Economy & Banking Current Affairs
Topics: artemia • External Affairs Minister • G20 summit • Generalised System of Preferences • India-US Trade War • International Monetary Fund • Mike Pompeo • Retaliatory Tariffs • S jaishankar • Tariffs on US goods • US Secretary of State • US-China Trade War • World Economic Outlook
The United States is reportedly considering withdrawal of benefits to India under its Generalised System of Preferences amid a widening dispute over its trade and investment policies. The US Trade Representative (USTR) is in the process of completing the review of India’s status as a GSP beneficiary and an announcement was expected over the next ..