S President Donald Trump is likely to visit India
Part of: GS Prelims Polity–and GS-II- India’s Foreign Relations
- A Trump Presidential trip to India has long been on the cards (he has visited India before on business trips) with a pending invitation from Prime Minister Narendra Modi.
From Prelims Point of view:
Generalized System of Preferences (GSP)
- It is an umbrella that comprises the bulk of preferential schemes granted by industrialized nations to developing countries.
- It involves reduced Most Favored Nations (MFN) Tariffs or duty-free entry of eligible products exported by beneficiary countries to the markets of donor countries.