# US to ‘terminate’ India’s designation as GSP beneficiary

# US to ‘terminate’ India’s designation as GSP beneficiary

GSP beneficiary Trump Modi India US

The United States Tuesday has announced its intention to “terminate” India’s designation as a beneficiary of its Generalised System of Preferences (GSP) because it failed to provide assurances that it will give the US “equitable and reasonable” access to its markets in numerous sectors.

“At the direction of President Donald J. Trump, U.S. Trade Representative Robert Lighthizer announced today that the United States intends to terminate India’s and Turkey’s designations as beneficiary developing countries under the Generalized System of Preferences (GSP) program because they no longer comply with the statutory eligibility criteria,” stated the office of the US Trade Representative in a media release.

“India’s termination from GSP follows its failure to provide the United States with assurances that it will provide equitable and reasonable access to its markets in numerous sectors,” it stated.

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