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

GG vs MI: Gujarat qualifies for the playoffs with their first win against the Mumbai Indians; Harmanpreet Kaur's efforts go in vain.

Gujarat Giants qualified for the playoffs by defeating Mumbai Indians by 11 runs. Interestingly,

Mayday, Mayday... Who did the pilot call before the Ahmedabad plane crash?

Air India's plane AI-171 has crashed in Ahmedabad, Gujarat. There were 242 passengers on board th

Asia Cup 2023: Ishan Kishan was seen imitating Kohli in the middle of the field, and the star batsman's reaction went viral; Will not stop laughing after watching the VIDEO

Team India's picture was a super hit in the final match of Asia Cup 2023. In the title match, Roh

Sheikh Hasina: Whether to return Sheikh Hasina or not... India should decide, Bangladesh's Yunus government's statement causes panic

Sheikh Hasina, who left the country and the post of Prime Minister on August 5, is currently in I

Waqf Board JPC: Tenure of the committee constituted for Waqf Amendment Bill extended till budget session, proposal passed in Parliament

The tenure of the committee constituted for the Waqf Amendment Bill was extended till the last da

Will the IND vs PAK match be boycotted in the Asia Cup 2025? Harbhajan Singh is furious; he took BCCI to task

"Blood and water can only flow together. Why do we give them so much importance?..." This stateme

India-Canada Row: Canadian opposition leader said - that relations with India are important, and I will improve relations if I become PM.

The dispute continues between Canada and India. Meanwhile, the head of Canada's Conservative Part

Delhi Election 2025: Restlessness increased within BJP before the elections, many leaders on the path of rebellion

By declaring MLA Mohan Singh Bisht as the candidate from Mustafabad, BJP has been successful in r

LokSabha Election 2024: Possible meeting of INDI alliance in Delhi on June 1, TMC refuses to attend; These things will be discussed

The excitement regarding the Lok Sabha elections is at its peak across the country. On the o

Relief from scorching heat: Rain accompanied by thunderstorms likely across North India, including Delhi, UP, and Punjab.

There is welcome news for North India, which has been enduring the brunt of severe heat and heatw

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