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

Where were Muskan and Sahil on the day of Saurabh's murder? Mobile became a necessary evidence; sent to forensic lab for data recovery.

The mobiles of Muskan and Sahil, accused in the Saurabh murder case, are being made necessary evi

Pran Pratishtha Ceremony: PM Modi will take a Saryu bath before going to the sanctum sanctorum, and will take water to the Ram temple on foot

Prime Minister Narendra Modi will take a dip of faith in Saryu before entering the sanctum sancto

Cryptocurrency: Cryptocurrency could face a ban; why did only 25 percent of people disclose investment details?

Uncertainty surrounding the future of cryptocurrency in India has intensified after the Reserve B

Salman Khan: Lawrence Bishnoi gang member who funded the shooters arrested, accused sent to police custody

Police are continuously investigating the case of firing outside the house of Bollywood superstar

Abhishek Bachchan: Big B was overjoyed to see the success of his son Abhishek, shared the post and wrote- 'The word pride fell short'

Abhishek Bachchan is in the news these days for his film 'Be Happy'. The film has been released o

Hijab controversy: A female doctor, hurt by CM Nitish's behavior, left Bihar and did not join her job.

The hijab controversy involving Bihar Chief Minister Nitish Kumar has now transcended state bound

Allu Arjun: Hyderabad police summons Allu Arjun; Congress leader files complaint over 'Pushpa 2' scene

Hyderabad Police has summoned 'Pushpa 2' actor Allu Arjun for questioning in the theater stampede

Will PM Justin Trudeau lose his position? Pro-Khalistan party NDP withdraws support from Canadian government

Khalistan advocate PM Justin Trudeau has suffered a major setback. Khalistan supporter NDP leader

Special discussion on Shubhanshu Shukla's space mission in Lok Sabha today, PM Modi will also meet him

Astronaut Shubhanshu Shukla returned to India early Sunday. A large number of people gathered at

'Modi ji himself brought a bill against himself... Shah spoke on the bill for dismissal of PM-CM; he took a jibe at the opposition

Union Home Minister Amit Shah has said that the Constitution (130th Amendment) Bill, 2025, will d

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