India and the United States have successfully resolved their trade dispute over poultry products at the World Trade Organisation (WTO).
In this resolution, India has agreed to reduce tariffs on certain American products, including frozen turkey, frozen duck, fresh blueberries, and cranberries, as confirmed by the United States Trade Representative, Katherine Tai.
This agreement is a significant step forward in the trade relationship between the two countries and opens up economic opportunities for American agricultural producers in the Indian market. The tariff reduction is expected to make it easier for US agricultural products to access the Indian market.
As part of the agreement, India has also agreed to lower tariffs on specific US products, including various types of blueberries and cranberries, both frozen and processed.
This move is viewed positively as it reduces trade barriers and promotes economic cooperation, especially in the agricultural sector. Lowering tariffs on American agricultural products benefits both Indian consumers and American producers.
The resolution of this WTO dispute marks an important achievement in the US-India trade relationship and enhances market access for American agricultural producers, according to USTR Katherine Tai.
During Indian Prime Minister Modi's visit to the United States in June, both countries announced the resolution of six trade disputes at the WTO. India also removed tariffs on several US products, including lentils, chickpeas, apples, almonds, walnuts, boric acid, and diagnostic reagents.
The poultry trade dispute between the United States and India originated in 2012. India received unfavourable rulings from the WTO, which found that India's ban on importing poultry products from the United States violated international trade rules.
