India and the United States (US) have informed the World Trade Organization (WTO) that both countries have been able to arrive at a mutually agreed solution regarding the dispute over poultry imports from the USA.
Key points
- With the submission of this notification to the WTO’s dispute settlement body, the two countries have now resolved all seven of their pending trade disputes at the global trade body.
- The US had moved the WTO against India in the poultry case in 2012. The WTO had then ruled that India’s ban on poultry imports–mainly chicken legs–from the US was inconsistent with the global trade norms.
- The US demanded compensation because India was not able to implement the decision in time.
- As part of the settlement, India agreed to cut import duty to 5-10% on some fresh and processed food items, such as fresh, frozen, dried and preserved cranberries and blueberries, as well as frozen turkey.
- The US is India’s largest trading partner.
