Mittal in New Delhi on Tuesday
Mittal in New Delhi on Tuesday

India, US too strategic to each other: Rajan Mittal

ANI | Updated: Mar 05, 2019 16:33 IST

New Delhi [India], Mar 5 (ANI): Leading industrialist Rajan Bharti Mittal said on Tuesday that the US decision to withdraw benefits under the Generalised System of Preferences will not impact trade relations with India in a major way.
"India and the United States are too strategic to each other, both politically and economically, for not finding a solution to these irritants which are there," he said.
Mittal, who has been President of the International Chamber of Commerce (ICC) and the Federation of Indian Chambers of Commerce and Industry (FICCI), said both the countries will eventually find out a solution.
"Both sides will take their position, and eventually will come for a win-win situation which has to happen," he said while talking to reporters in the national capital.
Earlier during the day, the government confirmed that the United States has given a 60-day withdrawal notice to India on the GSP benefits, which amount to duty reduction of 190 million dollars a year. (ANI)