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

PM Modi: Attacked after showing mock drill, Pakistan could not understand PM Modi's strategy this time too

On Tuesday night, Prime Minister Narendra Modi attended a news channel's conference. During this,

Gold-Silver Prices Stay Strong in Delhi Despite US-Iran Peace Hopes; Recession Fears Fail to Shake Bullion Market

Gold and silver prices continued to shine brightly in Delhi’s bullion market despite easing

'They will not decide who is a true Indian, ' Priyanka Gandhi in defense of Rahul Gandhi, responded to SC's comment

Congress MP Priyanka Gandhi has responded to the Supreme Court's remarks. Defending Rahul Gandhi,

Bridge Collapses: Hundreds of lives were saved on the bridge due to the alertness of the crew; Read the full story of the Baltimore accident

A major accident occurred in Baltimore City Maryland state of America. Here, the three-kilometer-

Sunny Deol did not like Animal! Said- 'I don't like some things', said this big thing about brother Bobby Deol

Sunny Deol On Animal Movie: The action-packed film Animal, directed by Sandeep Reddy Vanga, is in

Gurugram: As soon as I consumed mouth freshener in a restaurant, I started bleeding and vomiting; Five people admitted to hospital

Five people fell ill after consuming mouth freshener at La Foresta restaurant in Sector-90, Gurug

India's Got Latent: Ali Goni reacted to Samay Raina deleting the videos, saying- he asked to delete all the episodes…

After Ranveer Allahabadia's objectionable statement on stand-up comedian Samay Raina's show 'Indi

Sandeshkhali: PM Modi's roar in Mamata's stronghold; Will start BJP's campaign for Lok Sabha elections 2024

Prime Minister Narendra Modi is the biggest face of the Bharatiya Janata Party (BJP). BJP, which

Salim Khan Health Update: How is Salim Khan doing? Doctor gives health update; reveals how he arrived at the hospital.

Bollywood actor Salman Khan's father, Salim Khan, is admitted to Lilavati Hospital, where doctors

Zepto IPO Faces Fresh Trouble: ED Probes Founders Over FEMA Violations Ahead of Mega Listing

India’s booming quick-commerce sector has encountered a fresh twist as Zepto, the company k

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