Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,318.20 +138.38 0.91%
S&P 500 1,651.81 +12.77 0.78%
Nasdaq 3,482.18 +30.05 0.87%
Ticker Volume Price Price Delta
STOXX 50 2,703.12 +2.19 0.08%
FTSE 100 6,371.20 -3.01 -0.05%
DAX 8,259.77 +30.26 0.37%
Ticker Volume Price Price Delta
Nikkei 13,245.20 +237.94 1.83%
Hang Seng 20,986.90 -238.99 -1.13%
S&P/ASX 200 4,861.38 +47.03 0.98%
WATCH LIVE

WTO to Decide If Indian Curbs on U.S. Poultry, Eggs Legal

The World Trade Organization agreed to investigate Indian restrictions on U.S. poultry meat and eggs and decide whether the curbs break global commerce rules.

India has prohibited imports of various U.S. farm products since at least February 2007, saying the ban is needed to prevent the spread of low-pathogenic avian influenza. U.S. Trade Representative Ron Kirk’s office accuses India of ignoring scientific evidence while the Department of Agriculture says low-pathogenic bird flu causes “minor illness, poses no risk to human health and sometimes manifests no clinical signs.”

The U.S. Poultry and Egg Export Council, which estimates the value of poultry-product exports to India could exceed $300 million a year, has called the curbs a “protectionist policy that is inconsistent with accepted international standards, and has no health or safety justification.” India’s import policies affect mostly poultry meat as the country is a net exporter of eggs, according to the council.

To contact the reporter on this story: Jennifer M. Freedman in Geneva at jfreedman@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link