India-US Relationship: America welcomed India's move to reduce duty on agricultural products, said this


Posted on 12th Sep 2023 12:20 pm by rohit kumar

The US has welcomed India's recent move to reduce tariffs on several American agricultural products. Last week, India agreed to reduce tariffs on certain US products, including frozen turkey, frozen duck, fresh blueberries and cranberries, frozen blueberries and cranberries, as well as processed blueberries and cranberries.

 

US officials said the tariff cuts would expand economic opportunities for US agricultural producers in the important market and help bring more products from the United States to customers in India.

 

Did you know?Explore Trending and Topic pages for more stories like this.

Welcoming the announcement, US Agriculture Secretary Tom Vilsack said the move would create new market opportunities for American producers and exporters.

 

Vilsack said, “Under the Biden-Harris administration, USDA (US Department of Agriculture) and USTR (United States Trade Representative) have focused on rebuilding trust and strengthening relationships with our global trading partners, including India, And we are working through the WTO and elsewhere to ensure that those partners meet their obligations so that American agriculture can have full and fair access to key export markets. ,

 

This latest move follows India's removal of retaliatory tariffs on US apples, chickpeas, lentils, almonds, and walnuts, a development that was announced earlier this summer and took effect this week.

 

“Although significant progress has been made, significant tariff and non-tariff barriers remain for US agricultural products reaching the Indian market,” Vilsack said. Senator Amy Klobuchar in a statement welcomed the agreement to reduce duties on US turkey exports to India. He said that with this agreement, the duty on the export of frozen turkey products to India will be reduced from 30 percent to five percent.

 

"For too long, high tariffs have prevented American turkey farmers from exporting their products to India," Klobuchar said. "That's why I'm committed to creating a level playing field for American turkey farmers and producers and Pushed for a resolution to reduce trade barriers, and I am pleased that this agreement has been reached.

 

In a separate statement, Senators Mark Warner and Tim Kaine said the move will help strengthen the partnership between India and the US while increasing demand for Virginia poultry and supporting economic activity in the valley.

 

In 2021, Virginia was the sixth largest turkey source in the U.S. after producing 14.5 million birds. Turkey production plays a vital role in Virginia's poultry industry, providing a direct economic impact of $5.8 billion and economic activity in the state. Contributes USD 13.6 billion.

 

Joel Brandenberger, president and CEO of the National Turkey Federation, said the federation appreciates the efforts of the US and Indian governments to reduce tariffs. This move creates an important new market for American turkey producers and will provide Indians with more affordable access to nutritious, delicious protein."

 

He said, "NTF congratulates the Office of the U.S. Trade Representative and the leadership of USDA on this achievement, and we thank Senators Mark R. Warner and Thom Tillis for leading Congressional efforts to ensure that U.S. turkey Producers can compete effectively in this rapidly growing market.

 

Also Read: G20: Pakistan stunned by India-Saudi Arabia agreement in G20, people said on social media - we are ashamed

1 Like 0 Dislike
Previous news Next news
Other news

Byju’s Founder Raveendran Gets 6-Month Jail Term in Singapore Contempt Case; Edtech Giant Faces Fresh Crisis

The troubles surrounding India’s once-celebrated edtech giant Byju’s have deepened fu

SIR in UP: 'Doubts persist regarding SIR,' Ramgopal Yadav demands clarification, criticizes the government over narcotic cough syrup.

People have many doubts and suspicions regarding the Special Summary Revision (SSR). Those who ar

West Asia Crisis: America orders its citizens to immediately leave these countries; issues warning

Following the Israeli and US attacks and Iran's retaliatory strikes, tensions are rising across W

UK Board Result 2024: This year UK Board 10th-12th result is special; All records are about to be broken

UBSE UK Board Results 2024: The wait of more than 2 lakh students of Uttarakhand Board class

Delhi Blast Alert: From Metro-Red Fort to markets, what is closed and what is open in Delhi?

On Monday evening, as usual, people were busy with their daily activities around the Red Fort. So

'I drank alcohol...' Yuzvendra Chahal makes a major revelation ahead of IPL 2026—even AB de Villiers was left stunned upon hearing it.

Indian cricket team’s star spinner, Yuzvendra Chahal, is once again making headlines—

Will Rinku Singh play the remaining matches of the T20 World Cup?: May return home after father's death; India-West Indies knockout

Indian cricket team middle-order batsman Rinku Singh is currently going through a personal grief.

Mera Yuva Bharat: Prime Minister Modi will launch 'Mera Yuva Bharat' today, and will also inaugurate Amrit Vatikaa

Prime Minister Narendra Modi will attend the closing ceremony of the 'Meri Maati-Mera Desh' campa

Meta AI Data Centre: Mark Zuckerberg's Mega AI Project to Consume Power Equal to 8 Lakh Homes

Meta CEO Mark Zuckerberg is making one of the biggest investments in artificial intelligence infr

Bigg Boss 19: 'Character is determined not by clothes, but by actions...' Gaurav Khanna's team is furious over Tanya's accusation

In the last episode of Bigg Boss Season 19, Gaurav Khanna and Tanya Mittal got into an argument.

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash