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

IND vs ENG: Dhruv Jurel did what no one could do in the last 22 years, wicketkeeper-batsman created history in Ranchi

Dhruv Jurail took everyone's heart with his batting in Ranchi. In a difficult situation, Dhruv pr

Kalki 2989 AD Trailer: Prabhas-Deepika's 'Kalki 289 AD' trailer will be released on this day, fans will have to wait only for this

Kalki 2989 AD Trailer: South Star Prabhas is in the headlines for the film 'Salaar'. Its story ha

'I had talked to PM Modi about Sheikh Hasina', Mohammad Yunus made a big claim; told what answer he got.

Bangladesh interim government chief Mohammad Yunus is very angry about the online speech being gi

Bigg Boss 19: Malti Chahar slaps Tanya Mittal, causing another uproar in the Bigg Boss house.

The grand finale of Bigg Boss Season 19 will take place in two weeks, with one contestant receivi

#BoycottMaldives: Travel agency claims - No new inquiries for Maldives, this company canceled all flights

Lakshadweep and Maldives have become the main topic of discussion in India these days. Maldives i

IND vs SA: Why is India now vulnerable against spin? Ravichandran Ashwin explains the key reason, saying, "This didn't happen suddenly..."

Many questions are being raised after India's Test cricket team's crushing defeat against South A

MI vs GT: 'He is the real culprit...' — The entire team bundled out for 100 runs, yet Captain Gill vents his fury on the bowlers.

Gujarat Titans captain Shubman Gill attributed the defeat suffered at the hands of the Mumbai Ind

Kamal Haasan: 'Kamal is trying to defame Hindus', VHP accuses him of controversial remarks on Sanatan Dharma

Vishwa Hindu Parishad (VHP) on Monday strongly criticised Rajya Sabha MP and actor Kamal Haasan f

SRH vs GT Pitch Report: Batting or bowling? What will be beneficial after winning the toss, is knowing the nature of the Hyderabad pitch

The 66th match of IPL 2024 is to be held between Sunrisers Hyderabad and Gujarat Titans

Iran-Israel War: There will be no shortage of oil in India, these two countries have joined hands; and made a solid plan

If Iran closes the Strait of Hormuz, Saudi Arabia and Russia may select another route to supply c

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