Saturday, February 24th, 2024

Poultry products dispute between India and America will end in WTO, talks will start soon


Photo:FILE poultry Business

The trade between India and America is increasing continuously. The specialty of this bilateral trade is that for a long time the trade balance of this trade is towards India. But even in the midst of this fast-growing business, there are some products where there is a dispute between the two countries. In these disputed areas, one area is that of poultry business. The issue related to poultry has reached the World Trade Organization (WTO). Now after resolving six disputes related to trade, India and America are now trying to resolve the last issue related to poultry products.

talks will start soon

The matter is also expected to be discussed along with some other issues during the bilateral meeting of Commerce and Industry Minister Piyush Goyal and US Trade Representative (USTR) Catherine Tai in New Delhi. The official said both countries are also exploring participation of companies from their respective countries in government procurement systems. “We also want to be a part of their process, they also want us to be a part of theirs,” the official said.

thing made of steel

The official said the two countries have resolved six of the seven trade-related disputes. We are also trying to resolve the seventh issue. The six trade disputes that were resolved included India’s complaint against the US regarding the imposition of countervailing duties on certain ‘hot rolled carbon steel flat’ products from India. In July, the two sides mutually resolved six pending trade disputes at the WTO, in line with the commitment made by the two countries during Prime Minister Narendra Modi’s visit to the US in June, a senior government official said.

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