Paper
- +3
Rajesh Bansal, Anirudh Burman, Rudra Chaudhuri, …
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Source: Getty
In The Media
Modi’s Foreign Minister Jaishankar Has a Situation on Hand – Tackling Angry US
Hours after he took over as the external affairs minister in the new Narendra Modi government, former diplomat S. Jaishankar had a situation on hand. U.S. President Donald Trump formally rescinded India’s designation as a beneficiary developing country under the Generalized System of Preferences.
Published on Jun 4, 2019
Source: Print
Hours after he took over as the external affairs minister in the new Narendra Modi government, former diplomat S. Jaishankar had a situation on hand. US President Donald Trump formally rescinded India’s designation as a beneficiary developing country under the Generalized System of Preferences (GSP).
This designation, accorded to India in November 1975, provided preferential duty-free access to the US markets for an array of goods. It is the clearest expression yet of Trump’s intention to confront economic differences, especially bilateral trade deficit, with India head on — irrespective of its implications for the wider US-India relationship. While Jaishankar is no stranger to these issues, the context in which he will have to deal with them is more challenging than ever.
About the Author
Srinath Raghavan
Nonresident Senior Fellow, Security Studies Program
Srinath Raghavan is a nonresident senior fellow at Carnegie India. His primary research focus is on the contemporary and historical aspects of India’s foreign and security policies.
- Recovery, Resilience, and Adaptation: India From 2020 to 2030
- View From New DelhiCommentary
Srinath Raghavan
Recent Work
Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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