US ready to review preferential status if India comes up with a trade proposal: Report
- Last year, US revoked duty-free concessions on import of at least 50 Indian products
- US is willing to review its decision to revoke its GSP privileges to India, if India comes with a credible proposal
Washington: Observing that trade has been an area of frustration in bilateral ties, the US has said that the door is open if India is prepared to bring a serious proposal to the table to address the issues related to trade and market access.
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