India & US Fight Over GSP

In April 2018, the US government decided to undertake an eligibility review for India receiving benefits under the Generalised System of Preferences (GSP). Then in November 2018, the US government decided to remove 94 products from the GSP scheme. India exported 50 of those products. Now, in March, the current administration under Trump has decided … Continue reading India & US Fight Over GSP

Veto Power & Its Mishandling

United Nations was formed as an intergovernmental organisation to maintain peace and security in the world, develop friendly relations among nations, achieve international co-operation. One of the bodies of the UN is United Nations Security Council (UNSC). UNSC is the most powerful body of the UN. It constitutes of the Permanent 5 (P5) members and … Continue reading Veto Power & Its Mishandling

Chinese Economy 2019

In 1978, after the rule of Mao Zedong, China undertook a lot of reforms for the economy. These reforms have had substantial positive effects on the Chinese economy. From 1978 till 2000, China’s double-digit growth can absolutely be attributed to the reforms. But after 2000, China’s exponential growth carried forward by its accession to the World Trade … Continue reading Chinese Economy 2019