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

Bharat: We always say 'Bharat Mata Ki Jai'..., says Indian hockey goalkeeper PR Sreejesh on 'India vs India' controversy

Reaction is also coming from the sports world regarding the 'India vs. India' controversy. Indian

IND W vs SL W: India start Women's World Cup with a win, defeating Sri Lanka; Deepti shines in all-round performance

Riding on an all-round performance from Deepti Sharma, the Indian women's team defeated Sri Lanka

Team India New Coach: Khalid Jamil becomes the new coach of the Indian football team, AIFF announced

The All India Football Federation (AIFF) has appointed Khalid Jamil as the new coach of the India

Bhuvan Bam: When a Pakistani user unfollowed him, Bhuvan Bam gave a befitting reply. Indian users said, 'Ek dil hai...'

Due to the increasing tension between India and Pakistan, many Pakistani people are unfollowing I

Aakash Chopra raises a big question on Rohit Sharma's 'poor' captaincy, Jasprit Bumrah not fully utilized?

Team India lost by 10 wickets in the Adelaide Test played under the captaincy of Rohit Sharma. It

Radhika Merchant: Radhika stated for the first time after pre-wedding, said - not everyone gets this good fortune.

Radhika Merchant is the future daughter-in-law of the Ambani family. Recently, Mukesh Ambani and

'Home Minister should take back his words', Mayawati said on Amit Shah's statement on Bhimrao Ambedkar.

The heat of politics of opposition parties, which started after Home Minister Amit Shah's stateme

PM Modi will lay the foundation stone of semiconductor projects today, and urged the youth to participate in the program

Prime Minister Narendra Modi will participate in the program 'India's Teched: Chips for Developed

PM Modi: 'PM Modi not only makes policies, he also implements them', ISRO chief praises the Prime Minister

Indian Space Research Organisation (ISRO) Chairman S Somnath has praised Prime Minister Narendra

Mahadev Betting App: Owner Ravi Uppal caught in Dubai on Interpol notice; ED trying to extradite him to India

Ravi Uppal, accused in the case of illegal betting and money laundering, has been detained in Dub

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