From January 1, 2026, India faces a major setback in the EU market, as 87 per cent of its exports begin paying higher import tariffs following the EU's suspension of Generalised Scheme of Preferences (GSP) benefits. These GSP concessions previously allowed Indian products to ship at less
Argentina's Ambassador to India, Mariano Caucino, on Thursday revealed a growing consensus among some MERCOSUR members and India to expand the existing Preferential Trade Agreement (PTA) signed in 2004, acknowledging that the current pact is limited to a narrow range of products.
India and Brazil on Thursday reaffirmed their commitment to strengthening trade ties through a deeper MERCOSUR-India Preferential Trade Agreement (PTA), according to a release by the Ministry of Commerce & Industry.
Islamabad [Pakistan], June 25 (ANI): As the European Union (EU) looks to prepare a draft report on GSP+ status, Pakistan needs to work in several areas to avoid losing the special incentive arrangements of the EU that it has enjoyed for the last seven years.
Islamabad [Pakistan], June 22 (ANI): A mission of the EU's Generalised Scheme of Preferences Plus (GSP+) arrived in Islamabad on Wednesday to assess the effective implementation of 27 international conventions.