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

Gold Prices Slip Amid Stock Market Rally: Check Latest Gold and Silver Rates in the Bullion Market

Gold prices witnessed a mild decline in the Delhi bullion market as improving investor sentiment

Auto Taxi Strike: Auto-taxi strike in Delhi-NCR today too, and people's problems will increase

The strike of taxi, auto, and cab drivers will continue in the national capital today as well. In

The Bads Of Bollywood: Ranbir Kapoor gets embroiled in controversy over this one scene, NHRC issues notice

Aryan Khan's "The Bads of Bollywood" is trending at number one on Netflix. Several major Bollywoo

Congress: Rahul's allegation- The farmers I called were not allowed to enter Parliament; got entry after uproar

Today, there was a lot of uproar outside the Parliament. The Leader of the Opposition in the Lok

Mohammed Siraj: There is only one heart, how many times will you win, Mian... After the historic spell, Siraj showed generosity, and looted the gathering like this

On Sunday evening, only one name echoed in the R Premadasa Cricket Stadium in Colombo and that na

Gaza: 'It would be a misunderstanding to make any plans for Gaza without us after the war', Hamas chief warns Israel

Israeli Prime Minister Benjamin Netanyahu issued a statement not allowing those who support terro

Why did he ask for 5 crores? The accused who threatened Salman Khan revealed this, also said- 'I am proud of Lawrence Bishnoi'

Bikharam Bishnoi, accused of threatening to kill Bollywood superstar Salman Khan and demanding a

Extreme heat and deaths in Delhi: 142 bodies cremated in a single day, the highest number after Corona

These days, the capital Delhi is raging with terrible heat. It has become difficult for people to

Aviva Baig: Who is Aviva Baig? She is interested in photography and could become a daughter-in-law of the Gandhi-Vadra family.

There's a joyous atmosphere in the Gandhi family, as it's believed that Rehan Vadra, son of Congr

The story of a Bangladeshi Hindu: He said there is no security here; 400 people attacked his house, everything was destroyed

Everything is over. On Tuesday night, suddenly about four hundred people attacked my house. Someh

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