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US and India forge deal to end WTO disagreement
Posted on September 15, 2023 |
Before the G20 summit, the US and India successfully addressed their recent WTO dispute.
India has committed to reducing customs duties on a range of US goods, including turkey, duck, blueberries, and cranberries.
The primary point of contention in the dispute revolved around the poultry trade, driven by concerns related to bird flu.
The tariff reductions present substantial opportunities for American producers within an important market.
Both nations had previously agreed to resolve six WTO disputes and implement tariff reductions on items such as chickpeas and lentils, signifying their ongoing efforts to resolve trade disagreements.