Don’t terminate GSP benefits to India

A group of 25 influential US lawmakers has urged the US Trade Representative(USTR) not to terminate the Generalized System of Preferences(GSP) programme with India. They argued that terminating GSP for India would hurt American companies seeking to expand their exports to India. Recently,US had decided to terminate India’s designation as a beneficiary of its GSP.GSP… Continue reading Don’t terminate GSP benefits to India

Indian,US Navies hold anti submarine warfare exercise

The Indian and U.S navies has held an anti-submarine warfare exercise. The exercise involved P-8A Poseidon maritime patrol aircraft and its Indian variant which is the P-8I Neptune advanced maritime patrol aircraft near Diego Garcia in the Indian Ocean.The aircraft were joined by the Arleigh Burke-class guided-missile destroyer USS Spruance. The military exercise focused on… Continue reading Indian,US Navies hold anti submarine warfare exercise

India could soon become a ‘NATO ally as US lawmakers introduced a new bill

US lawmakers has introduced a bill called HR 2123 to strengthen US-India strategic partnership.The legislation if passed would ensure that the US State Department treat India as a NATO ally for the purposes of the Arms Export Control Act. The proposed legislation follows the National Defense Authorization Act(NDAA),2017.The NDAA had designated India as a major… Continue reading India could soon become a ‘NATO ally as US lawmakers introduced a new bill

Oil imports from Iran may be reduced as U.S. mulls waiver

Indian officials has been working closely with the United States to ensure that India gets a better deal on (a)the extension of the Iran oil sanctions waiver and (b)decision on withdrawing India’s preferential Generalised System of Preferences(GSP) status. During discussion with US officials,it was indicated that decision on the GSP withdrawal could be deferred until… Continue reading Oil imports from Iran may be reduced as U.S. mulls waiver

First secure link between India, US navies set up

India and the US have set up the first ever secure communication link between the naval headquarters in New Delhi and US Central as well as Pacific Naval Commands.The link has been setup under the landmark Indo-US Communications,Compatibility & Security Agreement (COMCASA) signed by both the countries in the year 2018. The US has also… Continue reading First secure link between India, US navies set up

GSP withdrawal by U.S. likely to affect India’s plastics exports: Plexconcil

The chairman of Plastic Export Promotion Council (Plexconcil) has said that the United States(U.S) decision to terminate India’s designation as a beneficiary country under the Generalized System of Preferences (GSP) programme is likely to affect plastic exports from India. He said some of the product segments which may face a decline in exports to the… Continue reading GSP withdrawal by U.S. likely to affect India’s plastics exports: Plexconcil

Virtual SIMs used in Pulwama terror attack; India to approach U.S. for help

Indian government has decided to send a request to the United States to seek details from a service provider of virtual SIMs.These virtual SIMs were used by the Jaish-e-Mohammed suicide bomber behind the Pulwama attack to communicate with his Pakistan based handlers. In virtual SIM connection,one doesn’t need a local registered SIM card to get… Continue reading Virtual SIMs used in Pulwama terror attack; India to approach U.S. for help

Tariff hike to hit exports to U.S.

The US has announced its decision to terminate India’s designation as a beneficiary of its Generalized System of Preferences (GSP). This decision comes in the backdrop of US having concerns over a range of issues like (a) India’s new rules on e-commerce that affected firms such as Amazon and Walmart (b) Data localisation rules which… Continue reading Tariff hike to hit exports to U.S.

U.S. to discuss trade, e-com rules with India

U.S. and Indian government officials will hold talks to resolve their differences over trade and investment. India and the United States have differences over a range of issues like a) India’s new rules on e-commerce that affected firms such as Amazon and Walmart b) Data localisation rules which forced foreign companies to store their data… Continue reading U.S. to discuss trade, e-com rules with India

No pressure on India to buy F-16 fighters from U.S.: Envoy

No pressure on India to buy F-16 fighters from U.S.: Envoy News: A senior U.S. diplomat has stated that US in not going to put pressure on India to buy its F-16 fighter jets. Important Facts: 2. About F-16 fighter jets: The F-16 Fighting Falcon, manufactured by Lockheed Martin ( American global aerospace, defense, security… Continue reading No pressure on India to buy F-16 fighters from U.S.: Envoy

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