After GSP snub, US increases scope of military engagements with India

We are 'increasing the scope of its military engagements with India', says US defence secretary

On Saturday morning, New Delhi was served a reminder about how close strategic partnership with Washington went hand in hand with intense competition on trade and commerce.

Late on Friday evening (Washington time) President Donald Trump terminated India’s preferential designation as “a beneficiary developing country for purposes of the Generalized System of Preferences (GSP)”, which had provided Indian exports with duty exemptions since November 24, 1975.

“I have determined that India has not assured the United States that India will provide equitable and reasonable access to its markets. Accordingly, it is appropriate to terminate India’s designation as a beneficiary developing country effective