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

'Diljit Dosanjh is a traitor...' Hania Aamir's entry in Sardaar Ji 3 made people angry, the actor is the target of trolls

Diljit Dosanjh is in the news for his upcoming film Sardar Ji 3, but this time the reason is not

Jawan Worldwide Collection Day 15: These two big films of South came under the target of 'Jawan', created 'gaydar 2' on Thursday

Jawan Worldwide Box Office Collection Day 15: 'Jawan' is continuously showing success at the box

Donald Trump: Trump wants ownership rights over Gaza, said- if needed we will send our army too

US President Donald Trump has given a big statement saying that he wants America to take ownershi

Bangladesh Protest: Hundreds of Bangladeshi citizens trying to enter India, but BSF stopped them at the Bengal border

Hundreds of Bangladeshi nationals gathered at the international border with India in West Bengal'

Ind vs AFG: These players of Team India are happy to bat at number 6, told MS Dhoni's advice as the great mantra of victory

Rinku Singh Post-match interaction: India won the first T20 against Afghanistan by 6 wickets with

Who supported the Maulana in the Bareilly riots? Police have compiled a list of 77 people and will soon arrest them.

Along with the Maulana, 77 other people were involved in instigating the riots. The police have i

If you are going to get a passport then wait, the portal will be closed for five days in the country from today; earlier appointments will also be rescheduled

If you are also going to get a new passport (Passport Seva portal Close) then this news is for yo

Petrol Price: Government Announces Major Cut in Excise Duty on Petrol and Diesel—Will Fuel Prices Come Down?

The government has reduced the Special Additional Excise Duty on petrol and diesel. According to

Student Protest Turns Violent in Patna: Lathi-charge Amid Demands for UGC Norms and 65% Reservation

On Wednesday, a student protest in Patna suddenly turned violent. A large number of students gath

Weather Update: Delhiites should get ready, now there will be bone-chilling cold; Rain will also wreak havoc, 22 trains affected

People from Delhi-NCR including Uttar Pradesh, Punjab, and Haryana are facing the brunt of severe

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