The Hindu : International / India & World : U.S. restores concessions for some exports

Online edition of India's National Newspaper
Friday, Jul 01, 2005

International

International - India & World

U.S. restores concessions for some exports

Sridhar Krishnaswami

WASHINGTON: U.S. President George W. Bush has restored duty-free access for some export commodities from India and Pakistan to the U.S. citing progress on intellectual property and worker rights.

Mr. Bush issued a Proclamation to this effect expressing satisfaction with the two countries' intellectual property protection and resumed Generalised System of Preferences (GSP) for some exports from India and Pakistan. A list of the products is not available.

"After a review of the current situation in India and taking into account the factors set out in section 502 of the 1974 Act, in particular section 502(c)(5), I have determined that India has made progress in providing adequate and effective protection of intellectual property rights. Accordingly, I have determined to terminate the suspension of India's duty-free treatment for certain articles under the GSP," Mr. Bush said in the statement.

Mr. Bush also said that in reviewing the current situation in Pakistan, he was certain that it had taken or is taking steps to bring into practice internationally recognised worker rights for its workers, and was therefore restoring Pakistan's eligibility for certain articles.

Printer friendly page
Send this article to Friends by E-Mail

International

News Update

Stories in this Section

LTTE deadline on ceasefire pact

Arroyo remains under pressure

Fresh political storm brewing in Bangladesh

Freedom Tower design unveiled

Hu, Putin to sign world order declaration

"Ahmadinejad was a key player in 1979 embassy seizure"

Heated row over Turkey's membership

"13 bodies recovered from Afghan crash site"

U.S. restores concessions for some exports

Pilot error makes Aziz cross LoC