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

Earthquake in Maharashtra: Earthquake tremors in Maharashtra early in the morning, the earth shook twice in 10 minutes

Strong earthquake tremors were felt in Hingoli, Maharashtra at around 6.08 am. The intensity of t

Indo-Pak Tension: Ambani, Adani, and these industrialists supported the armed forces, said- We are united against terrorism

Amid rising tensions between India and Pakistan, two big industrialists of the country, Mukesh Am

Bangladesh Crisis: How long will Sheikh Hasina stay in India? Talks with the interim government of Bangladesh are progressing slowly

India's policy regarding the new situation in Bangladesh is slowly taking shape. Under this, cont

Nagpur Riots: Bangladesh connection revealed in Nagpur violence, cyber cell arrested the accused who threatened on Facebook

Bangladesh connection has been revealed in the violence that broke out in Nagpur, Maharashtra on

Coal India Share Price Falls After OFS Announcement; Government Offers Shares at 10% Discount

Shares of Coal India Limited came under heavy selling pressure on Tuesday after the Government of

Congress on Women's Reservation: Sonia Gandhi states,

Senior Congress leader Sonia Gandhi has offered a brief reaction regarding the Women’s Rese

PM Modi Pithoragarh Visit: PM Modi is coming to Pithoragarh, preparations intensified; Picture of Jageshwar Dham will change

Prime Minister Narendra Modi is going to visit Uttarakhand soon. Preparations for PM Modi have in

Bharat Ratna: BJP leader LK Advani will get Bharat Ratna, CM Yogi congratulated; said this

Veteran Bharatiya Janata Party leader Lal Krishna Advani will be honored with the country's highe

Mohan Bhagwat: Avimukteshwaranand Saraswati expressed displeasure over Bhagwat's statement, saying- he does not understand the plight of Hindus

Saints are also raising questions on the statement of Rashtriya Swayamsevak Sangh chief Mohan Bha

Delhi's air becomes a 'medical emergency', AIIMS experts issue strict alert on rising air pollution in the capital.

Describing the capital's rising air pollution as a medical emergency, experts from the All India

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