US Secretary of State Mike Pompeo is likely to visit India on June 26: Sources

US Secretary of State Mike Pompeo is likely to visit India on June 26. Kenneth Juster, US Ambassador to India has confirmed that Pompeo will be coming to India in June. "US Secretary of State Mike Pompeo will be visiting Delhi later this month," he said.

The visit comes as US President Donald Trump terminated India's designation as a beneficiary developing nation under the key GSP trade programme, with the proclamation stating that New Delhi has not assured the US that it will provide "equitable and reasonable access to its markets."

The Generalized System of Preference (GSP) is the largest and oldest US trade preference programme and is designed to promote economic development by allowing duty-free entry for thousands of products from designated beneficiary countries.

"I have determined that India has not assured the US that it will provide equitable and reasonable access to its markets.  Accordingly, it is appropriate to terminate India's designation as a beneficiary developing country effective June 5, 2019," President Donald Trump said in a proclamation on Friday ignoring a plea by several top American lawmakers. 

Commerce Ministry Issues A Statement After Donald Trump Announces To End Preferential Trade Status For India. Read Here