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

EPFO New Rules: Salary Up to ₹25,000 May Get PF and Pension Benefits, Who Will Benefit?

Millions of employees in India's organized sector could soon see a major change in their PF and p

Hamas Israel War: 'Israel ready to stop the war a little, but...', know what PM Netanyahu said on the ceasefire

The ongoing war between Israel and Hamas is going to last for about a month. The chances of this

iQOO Z11: Dimensity 7500 Turbo chipset to debut in India; phone launching on August 20.

iQOO is preparing to expand its Z-series smartphone lineup in India with the launch of the iQOO Z

Unacademy-UpGrad Merger Gets CCI Approval; Big Boost for India's EdTech Industry

India's edtech industry is set for a major transformation after the Competition Commission of Ind

Ram Navami: A Unique Temple Where Lord Rama Is Worshipped as a King—The 'Ayodhya of Bundelkhand' Boasts a Remarkable History.

In Orchha—the religious city of Bundelkhand—the festival of Ram Navami is being celeb

Katra-Srinagar Vande Bharat: Kashmir's first Vande Bharat train started for common people, passengers' faces lit up

After Prime Minister Narendra Modi flagged off the train for the Katra-Srinagar route yesterday,

Will Ed Sheeran make his Bollywood debut with Shah Rukh Khan's film 'King'?

Shah Rukh Khan is in the headlines these days for his upcoming film 'King'. There may not have be

Udaipur Files: The film 'Udaipur Files' will not be released for now; Supreme Court postponed the next hearing till July 21

Vijay Raj's film 'Udaipur Files' is stuck in controversies. Now the Supreme Court has postponed t

JEE Main Exam 2025: This is a big change in the pattern of the JEE Main exam! know full details

The National Testing Agency (NTA) has made changes in the pattern of the question paper of JEE Ma

Kuwait Fire Tragedy: Tamil Nadu government will give compensation to the victims; Help extended from abroad to Indian victims

Tamil Nadu Chief Minister MK Stalin expressed his condolences to the seven Tamil people killed in

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