GENERALISED SYSTEM OF PREFERENCE(GSP)

Question 1

WHAT IS IT

Answer 1

AN SCHEME BY USA TO PROMOTE ECONOMIC DEVELOPMET IN EMERGING COUNTRIES BY EASY DUTIES AND OTHER BENIFITS.

Question 2

IS INDIA GETTING PREFERENCE

Answer 2

YES ALONG WITH INDONESIA KAZAKHISTAN

Question 3

WHAT ARE THE BENIFITS

Answer 3

INDIA=MARKET ACCESS
INDONESIA=MARKET IN SERVICES AND INVESTMENTS
KAZAKHISTAN=WORKERS RIGHTS