The Generalized System of Preference is the largest and oldest US trade preference programme and is designed to promote economic development by allowing duty-free entry for thousands of products. President Trump terminated India's designation as a beneficiary after determining that it has not assured the US that it will provide "equitable and reasonable access" to its markets.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2MkaEDf
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