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

Who is the leader who promoted Dhankuber Dheeraj Sahu in Congress politics? MPs in discussion about Rs 300 crore

The credit for promoting Congress Rajya Sabha member from Jharkhand, Dheeraj Prasad Sahu, who cam

Kalki 2898 AD: Kalki 2898 AD could not make a mark in the Hindi belt, and Prabhas could not move ahead with these films

Prabhas, Deepika Padukone, Amitabh Bachchan, Kamal Haasan and Disha Patani starrer film 'Kalki 28

The pilgrimage to Maa Vaishno Devi has begun, but visiting will no longer be easy; devotees will have to do this before entering.

The Shri Mata Vaishno Devi Shrine Board (SMVDSB) has issued comprehensive guidelines to ensure th

Rahul Gandhi Birthday: 'Rahul is the leader of the marginalized people', KC Venugopal's statement; Know who said what

Congress leader Rahul Gandhi has received many congratulatory messages on his 54th birthday. From

Shah Rukh Khan and Y+: The Maharashtra government increased the security of 'Jawan' Shah Rukh, he was receiving death threats.

Shah Rukh Khan Gets Y+ Security: The year 2023 has been very good for Bollywood's King Shah Rukh

Delhi Earthquake: A loud rumbling sound was heard in the ground during the earthquake, experts told the reason for this.

The earthquake that struck the capital Delhi on Monday morning shook many areas of North India in

There may be changes in the Congress organization! In the CWC meeting, Rahul Gandhi said- Kharge ji, use the whip.

After the setbacks in the assembly elections, the Congress Working Committee convened brainstorme

Bomb Threat: Four courts and two schools in Delhi threatened with bombings, e-mails causing panic; dog squad investigating

Security has been tightened at several district courts in Delhi following a bomb threat on Tuesda

Want ₹1 Crore in 10 Years? Check the Monthly SIP Amount and Formula You Need to Follow

Building a corpus of ₹1 crore is a common financial goal for many Indians. Whether it is planni

Special discussion on Shubhanshu Shukla's space mission in Lok Sabha today, PM Modi will also meet him

Astronaut Shubhanshu Shukla returned to India early Sunday. A large number of people gathered at

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