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

Underwater Metro: PM Modi will inaugurate the country's first underwater metro today; Facility for the first time in Kolkata

Prime Minister Narendra Modi will inaugurate the country's first underwater metro in Kolkata toda

National Film Awards 2023: Vivek Agnihotri cropped Karan Johar from the winners' photo, trolled because of this

National Film Awards 2023: The 69th National Film Awards was organized on 17th October at Vigyan

Himachal Rain: Red alert for heavy rain in these districts of Himachal, orders issued to keep schools closed today in many places, including Shimla

Heavy rains continue in Himachal Pradesh. Heavy rains occurred in Kangra, Bilaspur, Kullu, Hamirp

Shivaji Statue Collapse: A panel formed to investigate the collapse of Shivaji's statue and make a new statue; CM Shinde's announcement

The Maharashtra government has constituted a technical committee to investigate the reasons behin

Madhuri Dixit: 'I will choose you every time', husband Ram Nene wishes Madhuri Dixit on her 58th birthday

Today is the birthday of Bollywood actress Madhuri Dixit. On this special occasion, her husband S

Maharashtra: MNS rally against traders' protest, police detain activists

In response to the protest by traders against the slapping of a food stall owner in Maharashtra,

PM Modi: Prime Minister Modi wished the countrymen on Gita Jayanti; and remembered Pranab Mukherjee on his birth anniversary

Prime Minister Narendra Modi on Wednesday greeted the countrymen on Gita Jayanti. Describing the

PM Modi: 'We have completed 10 years, 20 are still left; you will be very happy with this prediction', PM Modi took a jibe

Prime Minister Narendra Modi addressed the Rajya Sabha on Wednesday with a motion of thanks on th

Pakistan is behind the Khalistanis in Canada and Indians are the target, a new conspiracy revealed

Khalistani supporters (PKE) in Canada are continuously targeting the people of the Indian communi

Donald Trump: 'Whoever imposes more tax, we will impose the same tariff on them', Trump set April 2 as the deadline, also named India

While addressing the Congress, US President Donald Trump placed India, China, South Korea and man

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