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US to end $5.6bn trade concessions for #India on June 5, Ministry says ‘unfortunate’

New Delhi:  The US will withdraw the Generalized System of Preferences (GSP) benefits extended to exports from India from June 5, 2019. India calls it “unfortunate”. The GSP benefits are envisaged to be non-reciprocal and non-discriminatory benefits extended by developed countries to developing countries. According to the Ministry of Commerce and Industry: “India as part […]