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

Housefull 5 Controversy: Were the dance steps of 'Laal Pari' of 'Housefull 5' copied? The director has now apologized.

While Bollywood's much-awaited film 'Housefull 5' is earning great money at the box office, on th

World Cup Semi-Final Scenario: 3 days, 3 teams, and one place vacant, know who will win? Will give tough competition to Team India in the semi-finals

World Cup 2023 Semi Finals Analysis. The race for the semi-finals of the ICC ODI World Cup 2023 h

Tanya Mittal: Tanya Mittal gives a blunt response to critics after being called "fake," and also addresses the issue of having bodyguards.

The journey of the reality show 'Bigg Boss 19' may have ended, but contestant Tanya Mittal, who w

Sonam Raghuwanshi: How did Sonam reach Ghazipur from Meghalaya? The owner of the eatery where she was found revealed a shocking secret

The case of Raja Raghuvanshi's death in Shillong, Meghalaya remains in the headlines. Raja Raghuv

WTC Points Table Latest: Australia bats well after winning the Test series, New Zealand suffers loss; Look at the status of the points table

Pat Cummins-led Australian team defeated New Zealand by 3 wickets in the second Test and won the

PM Modi: 'The SP is both anti-development and anti-women' — PM Modi remarks while inaugurating the Ganga Expressway; Key Highlights.

Prime Minister Narendra Modi inaugurated the 594-km-long, access-controlled Greenfield Ganga Expr

IPL 2025 Dance: After becoming champions, Bangalore players danced a lot, family members also supported them, two videos surfaced

Royal Challengers Bangalore players danced a lot after winning the IPL 2025 title. Its video has

IRCTC vs RailOne: Which Train Ticket Booking App Is Better in 2026? Key Differences, Features & Best Choice Explained

Until now, you have likely relied solely on the IRCTC app to book train tickets. However, Indian

Aparajita Bill: Now rapists will be hanged; What is in Bengal's Aparajita Bill, how is it different from BNS-POCSO?

The West Bengal Assembly on Tuesday unanimously passed the anti-rape bill. The bill provides for

'If you cannot abide by the Constitution, then leave India': Supreme Court strongly reprimands Meta over WhatsApp's privacy policy.

On Tuesday, the Supreme Court issued a stern warning to Meta Platforms regarding WhatsApp's priva

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