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

Raghuram Rajan: 'Wake up now...', former RBI governor warns government on Trump tariff; gives this suggestion

US President Donald Trump has imposed a 50 percent tariff on Indian exports. Due to this, the tex

China is furious after seeing the teaser for Salman Khan's Battle of Galwan; after 'Tiger 3', this new film has also angered our neighbor.

While the Bollywood film 'Dhurandhar' is currently setting the box office on fire, its impact has

Horse and mule riders had a field day during Navratri! So many devotees visited Vaishno Devi.

During the ongoing sacred Sharadiya Navratri, a stream of devotion is continuously flowing at the

COVID-19: Corona infection once again gained momentum in the country, 636 new cases in 24 hours, JN.1 patients crossed 200.

636 new cases of corona infection have been reported in the country, due to which the number of p

PM Modi: 'We don't do politics of poison, these people are openly speaking the language of urban Naxals', PM Modi lashed out at Congress

Prime Minister Narendra Modi is responding to the discussion on the President's address in the Lo

Delhi Election: 'We will show you the Sheeshmahal, BJP will show you the Rajmahal', Sanjay Singh challenged; said- will go to CM House with the media today

On Tuesday, a day after the final voter list was released, the Election Commission announced the

PM Modi in Saharanpur: 'I will not let the country bow down, the alliance will fight against power' Prime Minister Modi roared at the opposition in Saharanpur

PM Modi addressed a public meeting in Saharanpur. During this, while paying homage to Mother Shak

Will there be a mock drill in your district amid India-Pakistan tension? The list of all 244 districts including UP-Bihar.

After the Pahalgam terrorist attack, tensions between India and Pakistan are constantly increasin

Sandeshkhali Row: Suvendu Adhikari and Vrinda Karat stopped from going to Sandeshkhali, BJP leaders sitting on dharna in the middle of the road

The political atmosphere is heated regarding the Sandeshkhali violence. The ruling party and the

India-Nepal Digital Payment Deal: Cross-Border Transactions Become Easier, Faster and More Secure for Users

In a major boost to regional financial connectivity, India and Nepal have officially launched a p

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