USA gain access to India's poultry market
The governments of India and the U.S. recently finalized the export certificate for India, an important step for both sides considering the fact that India has been closed to poultry imports.
The approval of the export certificate represents the culmination of a long-term effort to gain access to the Indian market. India is a huge market, with 1.3 billion consumers and a middle-class population of 267 million in 2016, the U.S. Poultry & Egg Export Council (USAPEEC) said in a press release.
Globex International, one of the USAPEEC members, has already prepared its air freight shipment with frozen U.S. poultry and breeding stock to be sent to India in the following weeks, as the company gained the first import permit. Other companies were in various stages of progress as well, waiting for the clearance to export on this market.
"We’re excited to learn that the Indian market is finally open to U.S. poultry products and pleased that we happened to be in India when word came down. As I’ve said before, I never expected this to happen during my career, so this is great news for our industry", declared Jim Sumner, president of USAPEEC.
Tariffs on U.S. imports will be 30% on whole chicken, 30% on turkey and 100% on all other chicken, according to a National Chicken Council note.
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