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

Maharashtra Election Exit Poll: BJP is going to make the biggest record in Maharashtra after 2014, Congress seats are less than last time

This time BJP's stature seems to be getting bigger in Maharashtra politics. According to the exit

Aamir Khan was shocked by the sudden death of Zubeen Garg and made this emotional post in grief.

Singer Zubeen Garg, who cast a spell with his voice in Assam and Bollywood, is no more. He passed

Corona is scary again, active cases in the country increased to 1252; Kerala-Maharashtra has the highest number of cases.

Coronavirus cases are increasing rapidly in India once again. The number of active cases in the c

Eknath Shinde 'out of reach' amid suspense over CM! What did he do in a village without a network?

After the huge success of the Maharashtra assembly elections, it was expected that the Mahayuti w

T20 World Cup 2024: India practiced hard before the start of the tournament, Hardik bowled for an hour

The Indian team sweated it out in its first training session in New York before starting its camp

PM Modi may visit Manipur on September 13. This is his first visit after ethnic violence broke out in the state

Prime Minister Narendra Modi is going to Mizoram on September 13. He is going to inaugurate the n

Baba Siddiqui murder case: Evidence recovered during interrogation of Shiv Kumar's associate, target identified from banner; 50 thousand rupees recovered

In the NCP leader and former minister Baba Siddiqui murder case, the Crime Branch of Mumbai Polic

RG Kar Case: Hunger strike continues for the 10th consecutive day demanding justice, another doctor's health deteriorates

There is still anger across the country over the horrific incident that happened with the female

Salman Khan: Salman Khan will not step back from his commitment, and will start shooting for Bhaijaan Sikander amid tight security

'Once I commit, I don't even listen to myself' This dialogue from the film Wanted seems

PM Modi: PM Modi praised Trump's peace efforts in Gaza, said- India will support every effort.

Prime Minister Narendra Modi has praised US President Donald Trump for leading the peace efforts

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