alexa

Search in Indianmoney's WealthPedia

 
Home News India 'developed economy', US justifies GSP removal

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Residential ApartmentClick Here
 
 
India 'developed economy', US justifies GSP removal

India 'developed economy', US justifies GSP removal

Wednesday, February 12, 2020, 12:47 PM

The US has classified India as a 'developed economy' to justify the country's removal from its GSP scheme. The scheme gives developing economies tariff-free access to the US, Business Standard reported. The United States Trade Representatives' (USTR's) office suspended India's GSP benefits in June 2019. It calculates a country's level of economic development based on its GNI and its share in global trade.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.