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

SIR begins today in 12 states, covering 51 crore voters; the final voter list to be released on February 7

The Election Commission will begin door-to-door Special Intensive Revision (SIR) of electoral rol

SRH vs GT Pitch Report: Batting or bowling? What will be beneficial after winning the toss, is knowing the nature of the Hyderabad pitch

The 66th match of IPL 2024 is to be held between Sunrisers Hyderabad and Gujarat Titans

IND vs ENG: 'Best Fielder' announced through a light show at Ekana Stadium, this Indian player won

In the World Cup 2023, the Indian team made the fans happy by registering its sixth consecutive w

PM Modi: 'Peace is the primary prerequisite for development in the state' — PM Modi speaks during an interaction with party workers in Assam.

On Monday, Prime Minister Narendra Modi interacted with party workers from Assam via the NaMo App

Rahul Gandhi In US: 'I don't hate Narendra Modi...', Rahul Gandhi accuses RSS of considering some religions and languages ​​inferior

While talking to students and teachers in America, the Leader of the Opposition in Lok Sabha and

Sambhal violence: The SP delegation will meet the families of those who lost their lives in the riot today, and will give help of Rs 5 lakh

The Samajwadi Party delegation will meet the families of those who lost their lives in the riot i

Trump's claim proved false; buying oil from Russia continues even today; India's new statement came out amid the tariff war.

India has decided to continue buying oil from Russia, ignoring the US tariff action. News agency

Weather Update Today: Cold will increase from today, 271 flights affected by fog, trains delayed by hours, and chances of rain from tomorrow.

The entire North India from Jammu and Kashmir, Himachal to Uttar Pradesh, Haryana, Punjab, and De

Indonesia Train Crash: Massive Rail Accident in Indonesia; Death Toll Rises to 14; Relief and Rescue Operations Underway.

The death toll from a tragic train accident on the outskirts of Jakarta, the capital of Indonesia

PM Modi: 'Prince of Congress sees trouble in Wayanad too', PM Modi lashed out at Congress in Nanded rally

Prime Minister Narendra Modi addressed a huge public meeting in Nanded, Maharashtra. Du

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