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

Rozgar Mela: PM Modi distributed appointment letters to 51 thousand youth, said- New India is doing wonders today

Rozgar Mela: Prime Minister Narendra Modi today distributed appointment letters to 51 thousand yo

LSG vs MI: After Mumbai's third defeat, captain Hardik Pandya got angry at the batsmen and bowlers, know what he said

After losing the IPL match against Lucknow Supergiants by 12 runs in IPL 2025, Mumbai Indians cap

Weather News: Rainfall becomes a disaster from Delhi to Gujarat, heavy rain alert issued in Uttarakhand; Read the condition of UP-Bihar

Heavy rains in many states of the country have increased the trouble of the people. Due to heavy

Jaishankar: 'India has the right to defend itself against hostile neighbors', Jaishankar warns Pakistan on terrorism.

Indian External Affairs Minister Dr. S. Jaishankar said in a statement on Friday that India will

Will Aamir Khan be able to convince Arijit Singh to change his decision? Users speculated after watching this viral video.

On January 27, Arijit Singh announced his retirement from Bollywood playback singing. His decisio

Asia Cup 2023: There was talk of shifting the Asia Cup Super-Four and final match to Colombo, Hambantota, know the matter

The Asian Cricket Council (ACC) has decided to hold the Asia Cup Super-4 and the final match in C

BJP On Parliament Security Breach: 'The more dangerous the violation of Parliament's security, the more dangerous it is to support it', PM Modi lashed out at the opposition.

The BJP Parliamentary Party meeting was held in the Parliament Library Building amid the winter s

SA vs AFG T20 World Cup: Dream broken, heart wounded; Rashid Khan said something brave even after the defeat

While Afghanistan missed out on creating history, South Africa has thrown off the tag of chokers

Mohammad Deepak receives death threats, a reward is also announced; the controversy arose in Kotdwar over the use of the name "Baba".

Mohammad Deepak, who came into the spotlight amidst a dispute over a shop name change in Kotdwar,

India-US Trade Deal may be sealed this month, will it no longer be affected by Trump's tariffs?

India and the US are working hard to finalise a beneficial trade deal by the end of this month.

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