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

Sunita Williams Retires: Meets Kalpana Chawla's mother and sister in India, shares 27 years of experience in space.

Indian-origin American astronaut Sunita Williams retired from NASA, the space agency, upon turnin

BCCI 10-Point Directive: The Board's 'serious' step; with Emphasis on ending star culture, will have to face consequences for breaking the rules

After the crushing defeat in Australia, the Board of Control for Cricket in India (BCCI) has now

Saif Ali Khan: 'The garbage should be removed', Nitesh Rane's words got harsh on the attack on Saif; also mentioned Sushant

After Shiv Sena leader Sanjay Nirupam, Maharashtra minister Nitesh Rane raised serious questions

France vs Spain FIFA World Cup Semi-Final: Mbappé Faces Yamal as Heavyweights Clash After 20 Years

Football fans are set for a blockbuster showdown as France and Spain lock horns in the first semi

VK Singh: 'Wait, PoK will be found in India on its own', big statement of Union Minister VK Singh

Union Minister VK Singh addressed a press conference in Rajasthan. During this, along with target

Samay Raina: 'Did so many polio ads, yet his own son...', Samay Raina roasts Amitabh Bachchan!

In a recent YouTube video, Samay Raina spoke about Amitabh Bachchan and his reality show, KBC.

Bangladesh Violence: Bangladesh got scared after seeing the protest of Hindu organizations, and made this special appeal to the Indian government

Bangladesh has strongly condemned the violent protest outside its Deputy High Commission in Kolka

Hardik-Natasha: Natasha again fueled the rumors of divorce with Hardik Pandya, said- 'God is with you'

The rumors of the divorce of actress and model Natasha Stankovic and cricketer Hardik Pandya have

IND vs PAK: Pakistan would have been better off not playing, avoiding humiliation; India defeated them again in a one-sided match.

Matches between India and Pakistan aren't just cricket matches; they also embody emotions, histor

'India will not tolerate nuclear blackmail', PM Modi's strong and direct message to Pakistan.

Describing Operation Sindoor as a new milestone in the fight against terrorism, Prime Minister Na

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