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 US Visit: PM Modi will be on a two-day US visit from February 12, and will meet President Trump

Prime Minister Narendra Modi will visit the US for two days from February 12. During this time he

IND vs PAK Controversy: Pycroft receives BCCI message four minutes before toss! Major revelation in handshake controversy

The dispute between the Pakistan Cricket Board (PCB) and the International Cricket Council (ICC)

Pushpa 2 Song Kissik Out: 'Pushpa 2' new song 'Kisik' released, Allu Arjun and Srileela's pairing rocked

One of the biggest films of the year, 'Pushpa 2: The Rule' is going to hit the theatres soon. The

GATE Admit Card 2024: Admit card for the GATE exam will be released today, link will be active on gate2024.iisc.ac.in

Update for lakhs of candidates preparing for the GATE 2024 exam. The admit card (GATE Admit Card

Earthquake: The earthquake occurred in Kishtwar, Jammu, and Kashmir, the intensity was 3.6 on the Richter scale.

Earthquake tremors were felt in Kishtwar, Jammu, and Kashmir on Tuesday morning. National Seismol

Trump Zelenskyy Row: America took a big step after the debate with Zelensky, and stopped military aid to Ukraine

The US has taken a big step after Ukrainian President Volodymyr Zelensky's debate with US Preside

IPL 2026: BCCI Imposes Heavy Fine on Riyan Parag; One Demerit Point Added to His Record—Why Was Action Taken?

The Board of Control for Cricket in India (BCCI) has taken significant action against Rajasthan R

'Children orphaned during the Corona period should get assistance' SC's important suggestion to the Center regarding Covid-19 schemes

Many people lost their lives during Covid, many children also became orphans during that period.

Godzilla X Kong The New Empire Review: The magical wonders of Godzilla and Kong, the earth is shaking...

There would hardly be any viewer fond of foreign films who has not seen even a single film made o

‘Whenever Premanand ji comes to meet me…’, Rambhadracharya clarified, mentioning Dheerendra Shastri in the video

Tulsi Peethadheeshwar Jagadguru Rambhadracharya has come forward to calm the outrage that spread

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