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Sunday, November 3, 2024
TopicGeneralised System of Preferences

Topic: Generalised System of Preferences

Thank You India: US could reinstate GSP trade benefits in return for HCQ, paracetamol

Amid the Covid-19 crisis, India and the US are discussing a limited trade deal. The two sides are reportedly considering bringing the GSP benefits under this package.

Donald Trump attacks India on trade even as US seeks help from it to counter China

The Trump administration had informed Congress that it wants to scrap trade concessions for India, the largest beneficiary of the generalized system of preferences. 

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.