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

Aamir Khan is Amitabh Bachchan's 'number 1 fan', shocked Big B by showing 51-year-old proof related to Jaya Bachchan

Bollywood actors Aamir Khan and Junaid Khan are coming on the stage of the quiz reality show Kaun

Kuwait Fire: The building was engulfed in flames, people jumped from the third floor to save their lives; the scene was terrifying

The fire in a Kuwait building claimed 49 lives. The fire was so fierce that many people were forc

MS Dhoni: Will the Indian team win the World Cup 2023 title? The former captain gave this answer in his unique style

The journey of the Indian team so far in the World Cup 2023 has been excellent. The Rohit Sharma-

Nabanna Abhijan Rally: Howrah Bridge closed, grease applied on iron gate; Kolkata Police's tactics to stop the protest

Students are marching to the State Secretariat (Nabanna Abhiyan) on Tuesday in protest against th

Advantage Assam 2.0: PM Modi inaugurated Advantage Assam 2.0; and said- a new future begins from the land of the East

Prime Minister Narendra Modi has inaugurated the Advantage Assam 2.0 summit today. Many Union Min

Ranveer Singh: Ranveer Singh, who was included in the list of 'Wah Trend' after Deepika, video of the actor went viral

There is an event in the Bollywood industry on the day, in which the stars are involved with grea

Rao Study Centre accident: MCD and fire department guilty in magistrate investigation, this was revealed in the report

The magisterial probe into the death of three UPSC aspirants due to flooding in the basement of R

Who is demanding the repeal of the Waqf Act? There will be a big hearing in SC today, understand the whole matter in 10 points.

The petitions filed in the Supreme Court regarding the Waqf Act will be heard today. From 2 p.m.,

Meena Ganesh Passes Away: Malayalam actress Meena Ganesh is no more, she showed her acting skills from theater to the big screen.

Famous actress of the Malayalam film industry Meena Ganesh has said goodbye to the world. Today,

CM Yogi In Ayodhya: CM Yogi reached Ayodhya, visited Hanumangarhi; Conversation with Jagadguru Rambhadracharya

CM Yogi In Ayodhya: Uttar Pradesh Chief Minister Yogi Adityanath is on an Ayodhya tour today (Fri

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