About GSP The Generalized System of Preferences (GSP) scheme is a voluntary trade measure implemented by developed countries that provide an advantageous or preferential tariff treatment to imports from developing countries. It was instituted in 1971 under the aegis of …
What’s in the news? A recent report by the United Nations Conference on Trade and Development (UNCTAD) noted that India’s trade reliance on China and the European Union is rising as global trade is witnessing a marked shift along geopolitical …
About GSP The Generalized System of Preferences (GSP) scheme is a voluntary trade measure implemented by developed countries that provide an advantageous or preferential tariff treatment to imports from developing countries. It was instituted in 1971 under the aegis of …