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

After becoming a father, Sidharth Malhotra, following in Alia Bhatt's footsteps, will welcome his daughter like this with Kiara Advani.

Kiara Advani and Siddharth Malhotra have now become parents. After two years of marriage, the cou

'Dad, you are Indian, we are Korean, so how can we marry an Indian?'; New twist in the suicide case of three sisters from Ghaziabad.

"Sorry Papa, I'm really sorry." These are the words from the suicide note of three innocent daugh

UP Police Recruitment 2023: Good news for women, bumper recruitment in UP Police; Read new update

There is going to be a tremendous increase in women's power in Uttar Pradesh Police next year. Ab

From PAN, FASTag, and LPG prices to railway tickets... What has changed starting today?

Today—April 1, 2026—marks the beginning of the new financial year, and along with it,

Thailand Tour: Indians will now be able to go without a visa; Exemption will be given by May 2024, the government announced this

There is good news for people planning to travel from India to Thailand. They will no longer need

Water crisis in Delhi: AAP accuses Haryana of conspiracy, Atishi says- less water is being released continuously

The Delhi government has accused Haryana of conspiring to give water to Delhi. Water Minister Ati

Airfares in India have increased manifold due to the war in the Middle East, with over 700 flights cancelled.

On Monday, one-way economy class fares on a direct European airline from London to Mumbai rose to

IND vs ENG 2nd Test: Team India's 'blast' at Edgbaston, England was blown away due to these 5 reasons

Under the captaincy of Shubman Gill, the Indian cricket team ended the 58-year drought at Edgbast

What did the Indian team achieve after traveling 3,400 km? 'Rohit Brigade' did not get anything in two matches

The Indian team will start its campaign in the World Cup 2023 against Australia on October 8 at t

Gold Price Today: Gold Up ₹5,580 in 6 Days to ₹1.48 Lakh; Silver Hits ₹2.26 Lakh

Gold and silver prices rose sharply on August 6, with both precious metals recording significant

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