The US is likely to restore India's beneficiary status under its trade preference programme Generalized System of Preferences on receiving a counterbalancing proposal from New Delhi, a top Trump ministration official told lawmakers on Thursday.
The United States US is currently negotiating with India for it, he added.
The United States US is currently negotiating with India for it, he added.
"We're in negotiations with India, we took away their GSP, and we're in the process of restoring it if we can get an adequate counterbalancing proposal from them," US Trade Representative Robert Lighthizer told members of the Senate Finance Committee.
Till now, we haven't done that. But this is something that we're actually