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

IPL 2025: Ashwin expressed displeasure over Rishabh Pant's decision, justified Digvesh Rathi's runout appeal

The last league match of IPL 2025 was full of excitement. Royal Challengers Bangalore (RCB) defea

IND vs ENG Test: Rohit-Agarkar was seen having a serious discussion on the field itself, was there any discussion on bringing back Virat Kohli?

After leveling the series 1-1 by defeating England by 106 runs in Visakhapatnam, both the teams h

Rapidx Inauguration: Electricity supply will be without tripping in Ghaziabad city till the stay of PM Modi, a team formed

Prime Minister Narendra Modi will arrive from Sahibabad tomorrow on Friday to launch RapidX. Will

Entry of AAP MLAs banned in Delhi Assembly; Atishi sits on dharna; says- BJP has crossed all limits.

AAP MLAs have not been given entry into the Delhi Assembly today on Thursday. On the other hand,

Saif Ali Khan Attack Case: Saif's attacker was identified in jail, these people associated with the actor were present

A new update has come out regarding the attack on actor Saif Ali Khan. According to the informati

Amidst the Drishyam 3 controversy, Akshaye Khanna has started shooting for his upcoming film; he is set to create a stir after his performance in Dhurandhar.

Currently, if there's one Bollywood actor who's making the most headlines, it's Akshaye Khanna. H

Meena Ganesh Passes Away: Malayalam actress Meena Ganesh is no more, she showed her acting skills from theater to the big screen.

Famous actress of the Malayalam film industry Meena Ganesh has said goodbye to the world. Today,

Hanuma Vihari: Controversy deepens regarding Hanuma Vihari, Andhra Cricket Association reveals a big secret

Ranji Trophy 2024 has reached its final stage. In the quarter-final match, the Andhra Pradesh tea

Amitabh Bachchan: Amitabh's love for his son was once again evident, he said- 'Abhishek, you did it'

Amitabh Bachchan never misses a chance to praise his son and actor Abhishek Bachchan. He often sh

Pahalgam Terror Attack: Pakistan's hand in the attack, two locals and two Pakistanis involved; Sketches of three suspects released

There is anger in the country after the terrorist attack in Pulwama, Jammu, and Kashmir. Security

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