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

Kharge in Controversy: Kharge makes objectionable remarks about the Prime Minister, then clarifies—"He intimidates."

Congress President Mallikarjun Kharge is currently at the center of a controversy regarding an al

IPL: Shreyas is the first captain to take three teams to the finals; Know when the same teams clashed in Q1 and title matches

Punjab Kings team has reached the final of IPL 2025. It defeated Mumbai Indians by five wickets i

Sakshi Maharaj's retort to SP chief's statement 'Shivling is also there under CM's residence'; said- the ball is in Akhilesh's court...

On SP President Akhilesh Yadav's statement that he will get the Chief Minister's residence dug up

Ravindra Jadeja: Jadeja took a dig at South Africa's batting, and said- it is easier to bat in the evening than in the afternoon.

By defeating South Africa in the 37th match of the World Cup 2023, India has registered its eight

Delhi Liquor Policy: Setback for Arvind Kejriwal in CBI case, judicial custody extended till August 8

In the CBI case related to the excise policy scam, the Rouse Avenue Court has extended the judici

Gold Silver Price Today: Bullion market sees decline; Silver falls by ₹1200, Gold cheaper by ₹660

Gold and silver prices fell on Thursday. Gold fell by ₹660 to ₹1.58 lakh per 10 grams. Silver

Gyanvapi Case: The Muslim side's bandh today against the order of worship in Vyas ji basement, tight security arrangements; forces deployed

Varanasi has turned into a cantonment these days. Due to the Gyanvapi case, security arrangements

Shefali Jariwala Death: What happened on the night of death? Know the update related to the Shefali Jariwala case.

The night of June 27 brought bad news for Bollywood and TV industry. 'Kaanta Laga Girl' Shefali J

Bigg Boss 18: Vivian and Chahat clashed in the nomination task, this contestant's name came forward to be sent to jail

In the initial episodes of Bigg Boss 18, the contestants started fighting with each other. Not ev

'I am surprised it took so long', Mukesh Khanna apologizes after Sonakshi Sinha's retort.

TV's Shaktimaan i.e. Mukesh Khanna is again seen embroiled in controversies these days. After com

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