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

'The establishment of the Sangh on Vijayadashami 100 years ago was no coincidence,' said PM Modi at the RSS centenary celebrations.

Prime Minister Narendra Modi has arrived in New Delhi for the RSS centenary celebrations. He also

Shikhar Dhawan: Dhawan left the ED office after more than seven hours, Enforcement Directorate questioned him in this case

Former Indian team batsman Shikhar Dhawan has left the Enforcement Directorate (ED) office after

Thailand and Cambodia agreed on an immediate, unconditional ceasefire; the war had been going on for 5 days.

A ceasefire has finally been declared on the conflict between Thailand and Cambodia that has been

MI vs KKR: 'We just came to know about this...', why did captain Shreyas Iyer say this after thrashing Mumbai?

Kolkata Knight Riders (KKR) defeated Mumbai Indians (MI) by 24 runs in the 51st match of IPL

Bhuvneshwar Kumar created history in the GT vs RCB match, equaling Dwayne Bravo's IPL record

Royal Challengers Bangalore (RCB) suffered their first defeat of IPL 2025. They lost the match by

IND vs PAK: Virat Kohli's cover drive wreaked havoc on Pakistan; Why is this shot loved so much? He revealed the secret.

India has defeated Pakistan by six wickets in the Champions Trophy. In this match played at Dubai

Strait of Hormuz: Indian Ship 'Jag Vasant', Carrying LPG, Arrives in Gujarat After Being Stranded in the Strait for Several Days

The Indian-flagged vessel Jag Vasant, which had been stranded for several days due to the conflic

Elon Musk: News of Elon Musk's India tour being postponed, had planned to meet PM Modi

There are reports of postponement of Tesla chief Elon Musk's visit to India. It is reported&

AFG vs UGA: Afghanistan beat Uganda and set many records, three players performed brilliantly

The fifth match of the ICC Men's T20 World Cup 2024 was played between Afghanistan (AFG) and Ugan

VB-G RAM G Act Row: 'Congress is spreading lies about the law'; Why did Shivraj make these allegations amidst the dispute over MNREGA?

Union Rural Development Minister Shivraj Singh Chouhan on Monday launched a sharp attack on Congr

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