44 American lawmakers ask Trump admin to restore GSP for India
The US withdrew incentives to $6.3 billion of Indian exports under the GSP programme effective June 5.
In a letter to US Trade Representative Robert Lighthizer dated September 17, they suggested an "early harvest" approach that "would ensure that long-sought market access gains for US industries are not held up by negotiations over remaining issues".
Modi will visit the US from September 21-27, during which he would address the annual UN General Assembly session and have a series of bilateral and multilateral engagements in New York. Trump will attend Modi’s Houston rally for Indian Americans later this week.
The US withdrew incentives to $6.3 billion of Indian exports under the GSP programme effective June 5 even as the two sides were discussing a trade package to end their trade spats. The move led to a collapse of talks.
Stating that “the costs are real for our constituents and growing everyday”, the lawmakers said: “Resolving some individual issues quickly could build some momentum for future successes”.
Argentina, Liberia and Myanmar are a few countries where the US reinstated the benefits after they made “sufficient progress” to be eligible for them.
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