Business Other News 09 Jul 2016 United States seeks ...

United States seeks fine on India in poultry case

REUTERS
Published Jul 9, 2016, 1:52 am IST
Updated Jul 9, 2016, 1:52 am IST
The United States is seeking trade sanctions against India after winning a dispute at the WTO.
The United States is seeking trade sanctions against India after winning a dispute at the WTO regarding Indian restrictions on imports of US poultry meat.
 The United States is seeking trade sanctions against India after winning a dispute at the WTO regarding Indian restrictions on imports of US poultry meat.

Geneva: The United States is seeking trade sanctions against India after winning a dispute at the WTO regarding Indian restrictions on imports of US poultry meat, eggs and live pigs, the WTO said on Friday. The United States has requested a WTO meeting on July 19 to launch the claim for compensation, according to an agenda circulated by the WTO.

The agenda did not give any details, but the US trade representative’s office has previously said US annual exports of poultry meat to India could exceed $300 million once the restrictions are removed, and are likely to grow in the future as Indian diets and pockets grow richer. The US won the dispute in June last year, when the WTO's Appellate Body ruled that India's restrictions were discriminatory and based on unsubstantiated fears over bird flu. India had 12 months to comply with the ruling.

 

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