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

The final seal will be put on Modi's name today, the newly elected MPs of NDA are gathering in Delhi, Lalan Singh and Eknath Shinde also reached the capital

The newly elected MPs of the BJP-led NDA will meet today to elect Narendra Modi as their leader,

'America needs a leader like Modi', what else did JP Morgan's CEO say in praise of the Prime Minister?

JP Morgan CEO praised PM Modi Jamie Dimon, Chairman and CEO of JP Morgan Chase, praised 

Pushpa 2's 'whirlwind' even before its release, Allu Arjun's film created a storm with an OTT deal, made huge earnings

The buzz of Allu Arjun starrer film 'Pushpa: The Rule' (Pushpa 2) has been made. E

T20 World Cup 2026: 'He was angry... I apologized', big revelation by world champion captain Suryakumar Yadav

Indian cricket team captain Suryakumar Yadav admitted that dropping Axar Patel in the Super 8 mat

MS Dhoni created history at Ekana Stadium in Lucknow, and became the first wicketkeeper in the world to achieve this feat.

Former Chennai Super Kings captain MS Dhoni created history on Friday by playing an aggressive un

PM Modi: PM Modi's claim: 'TMC is fighting for survival, Bengal will be the most beneficial state for BJP'

PM Modi said in a recent interview that 'he wants to alert the SC, ST, and OBC category because t

Israel-Gaza Conflict: 'Killing Palestinians will not make Israel safer', Palestinian ambassador angry at UN

Palestine's ambassador to the United Nations, Ryan Mansour, condemned Israel. He said Israel will

Supreme Court takes action on Jairam Ramesh's petition regarding CCTV footage of elections, seeks response from EC.

The Supreme Court has sought a response from the Election Commission in the matter of the Electio

Avatar Fire And Ash Trailer: 'Avatar 3' trailer released, new enemy seen in Pandora

The trailer of the third part of 'Avatar', one of Hollywood's most famous films, 'Avatar 3', has

Shah Rukh Khan: This is how Shahrukh Khan got 'Dunki', said- 'Had pitched a tent in front of Rajkumar Hirani's house'

Bollywood King Shahrukh Khan is in the headlines these days for his upcoming film 'Dunki'. Shahru

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