India-US trade policy meeting starts today: GSP, laptop import monitoring system on table

News Snapshot:

India and the US are set to take up a number of sticky trade issues — ranging from New Delhi’s long-pending demand seeking the restoration of Generalised System of Preferences (GSP) that was revoked under former US President Donald Trump to Washington’s objection on India’s laptop import monitoring system — at the trade policy forum meet that begins today. Why is the trade policy forum meeting crucial? The US is India’s single largest trade partner and the only large economy where India exports more than it imports. At a time when goods exports are slowing in the West due to...