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

Women in Bengal to Receive ₹3,000 Monthly; Crackdown on Madrasas; Suvendu Cabinet Takes Several Major Decisions

In West Bengal, CM Suvendu approved the 'Annapurna Bhandar Scheme' for women, along with a free b

The air remains toxic: Haze lingers in Delhi's skies... AQI nears 400; find out how toxic the air in NCR has become.

The air in the capital Delhi, continues to remain toxic. On Monday morning, thick smog enveloped

Politics over the War in Iran: Amidst Criticism of India's Stance, Tharoor States—"This Is Not Cowardice, But Responsible Diplomacy"

Divergent opinions have emerged within the Congress party itself regarding the Indian government&

ICS: Indian Cancer Society launches the Rise Against Cancer app on World Cancer Day, victims will get a new direction

Indian Cancer Society (ICS), India's largest cancer-fighting NGO, celebrated World Cancer Day by

New Aadhaar App Introduces Contact Card: Share Your Mobile Number Securely in Seconds Without Revealing Personal Details

The new Aadhaar App has received a major upgrade with several digital services that allow users t

CSK vs KKR: After Virat, Gambhir hugged Dhoni; When Mahi came on the field, Russell could not bear the noise, closed his ears

Chennai Super Kings returned to winning ways in the IPL by defeating Kolkata Knight Riders by sev

Sikkim Flood: Relief Commissioner of Sikkim visited the disaster-affected areas of Mangan district, took stock of the damage

Secretary of Revenue and Disaster Management Department and Relief Commissioner MT Sherpa on Thur

The whole story of the Sambhal riot: A mistake led to arson and firing, and this is why people got angry; the identity of the dead has been revealed

When the court commissioner's team reached Sambhal at 7 am on Sunday for a survey based on the su

Best Mutual Fund: This Fund Delivered Over 200% Return in 1 Year — ₹1 Lakh Investment Would Have Turned Into…

Mutual funds continue to attract massive interest from investors seeking strong long-term wealth

Virat-Anushka: Virat-Anushka returned to Mumbai after Bengaluru accident, angry users said - it doesn't matter to them

Cricketer Virat Kohli has won his first IPL trophy. He is being discussed everywhere. When Virat

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