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

PAK vs ENG 1st Test: Pakistan Collapse for 171, England Take Control at Leeds on Day 1

Pakistan endured a difficult opening day in the Leeds Test, collapsing for 171 runs in their firs

Samsung AI Success: Q2 Profit Beats Full-Year 2025 Earnings, Semiconductor Business Drives Growth

Samsung Electronics has projected an operating profit of 89.4 trillion won for the April–Ju

'Society will disintegrate; there will be dangerous consequences', Supreme Court stays UGC's new rules; 10 key points.

The Supreme Court has imposed an interim stay on the University Grants Commission's (UGC) new reg

Who is the new CM of Maharashtra?: The suspense was not cleared in the meeting with Shah; after Delhi, the final decision will be taken in Mumbai

Amid the ongoing tussle for the post of Chief Minister after the Maharashtra Assembly elections,

'Don't make Bengal another North Korea', Kangana Ranaut comes out in support of Sharmistha Panoli; BJP attacks TMC.

BJP has supported the influencer and student Sharmistha Panauli, who was arrested by Kolkata Poli

Suresh Raina-ED: Suresh Raina reached the ED office in Delhi, interrogation continues in the betting app case, know the whole matter

Former Indian cricketer Suresh Raina has reached the Enforcement Directorate office in Delhi. He

Counting Staff Dispute: TMC Approaches Supreme Court, Challenges High Court Verdict

A new controversy has emerged in West Bengal regarding the vote counting process. The ruling Trin

PM Modi Paris Visit: Macron welcomed PM Modi in France with a hug, and said- you are welcome my friend

Prime Minister Narendra Modi was given a rousing welcome in France. French President Emmanuel Mac

Sri Lanka: Sri Lanka did not allow the Chinese Navy ship to stop, Foreign Minister said - India's concerns are important

Sri Lankan Foreign Minister Ali Sabri said on Monday that his government has not allowed the Chin

Virat Kohli: After retirement from Test cricket, Virat Kohli met Saint Premananda, wife Anushka was seen with him

Virat Kohli, who has retired from Test cricket, and his wife Anushka Sharma reached Vrindavan on

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