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

Guru Randhawa will donate 11 million rupees from his music video; celebrities come forward to help Rajpal Yadav

Actor Rajpal Yadav is currently spending his life in Delhi's Tihar Jail. A 2012 film became a tho

Pooja Khedkar: Pistol and cartridges seized from Pooja Khedkar's mother's house, father gets conditional bail from court

The troubles of trainee IAS Pooja Khedkar, who is surrounded by controversies, are not decreasing

Munambam Waqf Land Dispute: 'Waqf land will be investigated', Kerala HC orders formation of judicial commission

A division bench of the Kerala High Court heard the case of Munambam land dispute in Kerala on Mo

Women cannot be stopped from doing night duty, it is the government's responsibility to provide them security; CJI also took Sibal to task.

The Supreme Court on Tuesday strongly objected to the notification of the West Bengal government

IND vs SA: Tony DeGeorge scored a brilliant century, India lost the second ODI; South Africa equalized the series

Thanks to a brilliant century by Tony de Georgi (119*), South Africa defeated India by 8 wickets

Bhoot Bangla Teaser: Akshay Kumar brings a full package of fear and comedy, the teaser of 'Bhoot Bangla' is fun

Laughter, screams, and plenty of surprises... Akshay Kumar is bringing a dose of horror and comed

Budget 2025: 'There should be a discussion on the stampede in Maha Kumbh...', SP created a ruckus before the budget speech, Lok Sabha Speaker said this

Samajwadi Party MPs created a ruckus over the stampede in Mahakumbh before the budget speech. Sam

Redmi’s New 5G Smartphone Launching Tomorrow With Massive 7,540mAh Battery, 100W Fast Charging and 50MP Camera

Redmi is gearing up to expand its smartphone lineup with the launch of the much-anticipated Redmi

Ranbir Kapoor: Ranbir Kapoor has not been summoned as an accused, know why ED sent the summons

Bollywood actor Ranbir Kapoor is constantly in the headlines these days. Recently news came out t

Gautam Gambhir: How long will Rohit Sharma and Virat Kohli play for the Indian team? Gautam Gambhir gave a big hint while talking about fitness.

Gautam Gambhir appeared in front of the media for the first time after becoming the head coach of

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