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

Jawan Event: Shahrukh Khan is the king of hearts, the actor's gesture with the manager's mother won hearts, video went viral

Shah Rukh Khan, who is called the King of Bollywood, knows very well how to win the hearts of fan

IND vs BAN: India will fight against Bangladesh before T20 World Cup, a golden opportunity to test the team's preparations

The Indian team is ready for the T20 World Cup 2024. The team led by Rohit Sharma will face Bangl

'Had Babasaheb Not Been There, Modi Too Would Not Be Here': PM Shares Archival Post on Ambedkar Jayanti, Also Mentions 'Panchteerth'

On the occasion of Dr. Bhimrao Ambedkar’s 135th birth anniversary, the Modi Archive shared

Lawrence Bishnoi: 'Any policeman who encounters Lawrence Bishnoi will be punished...', Karni Sena openly declares

The name of jailed gangster Lawrence Bishnoi is constantly in the headlines. He has been in the n

SSC CGL Result 2023: SSC CGL Tier 1 result released, know category-wise cut-off for all posts

SSC CGL Tier 1 Result 2023: The Staff Selection Commission has declared the result of Combined Gr

Salman Khan: 'Won't you welcome?' Salman Khan's entry in ISPL, Bhaijaan becomes the owner of the Delhi franchise, know more

Before the start of the third season of the Indian Street Premier League (ISPL), the name of acto

Abhishek Bachchan: National Award-winning actress said- Abhishek did the best role, know who this artist is

The film I Want to Talk may not be doing well at the box office, but Abhishek's acting as an acto

PM Modi Gifts To Croatia: PM Modi took traditional gifts from Rajasthan-Odisha on his Europe tour; Know the specialty of the gifts

Prime Minister Narendra Modi, who is on a visit to Croatia, has taken traditional gifts from Odis

BJP Convention: In the BJP convention, PM Modi targeted the Congress, saying - it has been their policy to divide every region.

Prime Minister Modi, citing his visit to South India during the fast observed before the consecra

Be it Bangladeshi or Rohingya... now there is no mercy for intruders! Modi government is going to make a new immigration law.

The Union Home Ministry on Tuesday introduced the Immigration and Foreigners Bill in the Lok Sabh

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