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

INDIA: Will the word 'INDIA' be removed from the Constitution? BJP MP said - the word India is an abuse given by the British

Once again a demand has been raised in the country to remove the word India from the Indian Const

Israel-Hamas War: More than 195 people died in Israeli attacks on refugee camps, Hamas informed

The war between Israel and Hamas is continuously increasing. Many people have died so far during

Adil and his fellow doctors had received training in the forests of Kashmir; a new revelation in the Delhi bomb blast case.

The terrorists involved in the attack near Delhi's Red Fort, who were part of a sophisticated ter

Angelo Mathews on timed-out dismissal: 'Never seen anyone stooping so low', Angelo Mathews lashed out at Bangladesh

The 38th match of the World Cup 2023 between Bangladesh and Sri Lanka on Monday was full of contr

Kolkata Rape Case: CCTV revealed this secret in the Kolkata gang rape case, DNA of the victim and the three accused was taken

In connection with the investigation of the gang rape of a first-year student of South Calcutta L

One country-one election bill will be presented in Lok Sabha today, BJP issued a whip to MPs

The Constitution (129th Amendment) Bill for 'One Nation One Election' is going to be introduced i

Dispute in Parliament over language dispute, now one word of Dharmendra Pradhan created ruckus; DMK MP gave notice of breach of privilege.

DMK MP Kanimozhi Karunanidhi filed a notice of breach of parliamentary privilege on Monday agains

Modi 3.0 government focuses on farmers and infrastructure, read how the track record of 100 days was

Modi 3.0 government's 100 days are being completed on 17 September on Prime Minister Narendra Mod

'Supreme' hearing on the arrest of Sonam Wangchuk today, wife filed a petition

Sonam Wangchuk was arrested by the government after the violence in Leh. Sonam Wangchuk is curren

RG Kar Case: 'Supreme' hearing on RG Kar murder case; Court refuses to ban live telecast

The Supreme Court heard the Kolkata murder case on Tuesday. The court had taken suo motu cognizan

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