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Which country settled its last outstanding trade dispute with India over poultry products at the World Trade Organization (WTO)?
  • a)
    China
  • b)
    US
  • c)
    Brazil
  • d)
    Russia
Correct answer is option 'B'. Can you explain this answer?
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Which country settled its last outstanding trade dispute with India ov...
India and the US have settled their last outstanding trade dispute at the World Trade Organization (WTO) over poultry products. The dispute was over India's import restrictions on poultry products, which the US argued were inconsistent with WTO rules. As part of the settlement, India has agreed to reduce tariffs on certain US poultry products, including frozen turkey, frozen duck, and fresh and processed blueberries and cranberries. The agreement is expected to boost trade between the two countries.
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Which country settled its last outstanding trade dispute with India ov...


Settlement of Outstanding Trade Dispute between India and the US

India settled its last outstanding trade dispute with the United States over poultry products at the World Trade Organization (WTO).

Background of the Dispute:
- The dispute between India and the US arose due to India's restrictions on the import of various agricultural products, including poultry meat from the United States.

Resolution at the WTO:
- The WTO facilitated negotiations between the two countries to resolve the trade dispute.
- India and the US reached a mutually acceptable solution, leading to the settlement of the issue.

Impact of the Settlement:
- The settlement of the trade dispute between India and the US has paved the way for improved bilateral trade relations.
- It has created a more conducive environment for trade in agricultural products between the two countries.

Significance of the Settlement:
- The resolution of this dispute demonstrates the importance of dialogue and negotiations in resolving trade conflicts.
- It highlights the effectiveness of the WTO in facilitating discussions and finding solutions to trade disputes among member countries.

In conclusion, the settlement of the outstanding trade dispute between India and the US over poultry products at the WTO marks a significant step towards strengthening trade relations and promoting cooperation between the two nations.
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Which country settled its last outstanding trade dispute with India over poultry products at the World Trade Organization (WTO)?a)Chinab)USc)Brazild)RussiaCorrect answer is option 'B'. Can you explain this answer?
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