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

IND vs SA: 'Test cricket has been made a joke', Captain Pant loses his temper several times on the field, is seen shouting at Kuldeep

On the second day of the second Test match between India and South Africa in Guwahati, Indian cap

PM Modi's Maharashtra visit: Schemes for women and youth launched, foundation of PM Mitra Park also laid

The Prime Minister launched the Acharya Chanakya Kaushal Vikas Kendra Yojana of the Maharashtra G

Amit Shah: The Home Minister said- the aim is that Hindi should become the friend of local languages, he became the head of the Parliamentary Official Language Committee again

Union Home and Cooperation Minister Amit Shah said that after 75 years of independence, the count

IND vs PAK: Two matches still left! How will India-Pak clash again in the Asia Cup 2025? Read the full equation

In the sixth match of the Asia Cup 2025 played in Dubai, the Indian team defeated Pakistan by 7 w

Khan Sir Marriage: On whose formula did Khan Sir marry secretly? The bride was shown at the reception and told the secret.

After the wedding of the country's well-known teacher and YouTuber Khan, now his reception (banqu

Baba Siddique Murder Case: 'It is very difficult to believe that Baba is no more, the culprits should be punished', said Madhur Bhandarkar

Nationalist Congress Party (NCP) leader Baba Siddiqui was shot dead in Mumbai on Saturday night.

IPL Team Sponsorship Crosses ₹1,000 Crore Mark: Here's What It Means—Explained Simply

In the current era, the IPL has evolved from being merely a cricket league into a major business

Asian Games: India broke two records in shooting, Palak-Isha did wonders; Aishwarya-Swapnil-Akhil's trio also dominated

Indian shooters performed brilliantly on Friday (September 29) on the sixth day of the Asian Game

Ranveer Singh is overjoyed with Dhurandhar's success and was spotted at the airport holding his wife Deepika's hand.

The film Dhurandhar is currently raking in huge profits at the box office. The film has crossed t

Ranveer Allahbadia: Dhruv Rathi enters Ranveer Allahbadia's case, and gives this advice by sharing a video

The matter of controversial comments in 'India's Got Latent' is constantly in the headlines. A po

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