The US Should Restore India and Bangladesh's GSP Status
The U.S. Generalized System of Preferences (GSP) program, launched in 1975, was designed to promote economic development and diversification among developing countries by encouraging their exports to the United States. Under the GSP, eligible products enter duty-free. As of January 2021, 119 developing countries were beneficiaries of the program. Bangladesh and India are not current beneficiaries of the U.S. GSP. Although members of the program since 1985 and 1975, respectively, Bangladesh was denied access in 2013 and India in 2019. The United States should consider restoring GSP status for both countries for its own benefit as much as theirs. India is a critical, long-term partner for the United States. Theirs is a multidimensional and deep partnership, reiterated by the United States in its February Indo-Pacific Strategy document. Bangladesh, meanwhile, is now the second-largest economy in South Asia. It sits at the junction of South Asia and East Asia, exercises growing clout in its neighborhood, and has been recognized by the United States as important for its Indo-Pacific strategy. Both India and Bangladesh are still home to millions of people in poverty. Trade is a very effective means to address this. That is the reason both countries used to be part of the GSP program. It is also why several other regions—including the European Union, Japan, Australia, Canada, South Korea, and others—have similar GSP programs.
India targets net-zero carbon emissions by 2070, says Modi
India’s economy will become carbon neutral by the year 2070, the country’s prime minster has announced at the COP26 climate crisis summit in Glasgow. The target date is two decades beyond what scientists say is needed to avert catastrophic climate impacts. India is the last of the world’s major carbon polluters to announce a net-zero target, with China saying it would reach that goal in 2060, and the United States and the European Union aiming for 2050.
COP26: What climate summit means for one woman in Bangladesh
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
Why China's climate policy matters to us all
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
Deliver on promises, developing world tells rich at climate talks
A crucial U.N. conference heard calls on its first day for the world's major economies to keep their promises of financial help to address the climate crisis, while big polluters India and Brazil made new commitments to cut emissions. World leaders, environmental experts and activists all pleaded for decisive action to halt the global warming which threatens the future of the planet at the start of the two-week COP26 summit in the Scottish city of Glasgow on Monday. The task facing negotiators was made even more daunting by the failure of the Group of 20 major industrial nations to agree ambitious new commitments at the weekend.