US poultry products likely to enter Indian mkt by Aug next yr

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Press Trust of India New Delhi
Last Updated : Jul 08 2015 | 9:42 PM IST
The US may start exporting poultry meat and eggs to India by August next year since the WTO in its ruling last month termed the ban on import from the US as "inconsistent" with international rules.
On June 4, India lost a case at the World Trade Organisation (WTO) after the Geneva-based multi-lateral body ruled that the Indian ban on import of poultry meat and eggs from the US was "inconsistent" with the international norms.
"India has a maximum of 15 months to implement this ruling. So maximum by August-September next year, the US can start exporting poultry meat and eggs. On July 20, India will tell its 'intention to implement' the ruling to the WTO's dispute settlement body " an official said.
The Commerce Ministry is in talks with the Agriculture Ministry to implement the WTO ruling.
India is a big market for the US, which is one of the world's largest exporters of chicken meat.
India's broiler meat consumption has been consistently increasing and is estimated to have touched 3.72 million tonnes in 2014, from 3.45 million tonnes in 2013.
The WTO panel had said that New Delhi's measures were more trade restrictive than necessary.
In 2014-15, bilateral trade between the two countries stood at USD 64.26 billion. The US-India Business Council (USIBC) had said bilateral trade could touch USD 500-billion mark over the next one decade.
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First Published: Jul 08 2015 | 9:42 PM IST

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