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

Israel: 'Because she was Jewish', Netanyahu angry at the silence of international organizations regarding atrocities on women

Israeli Prime Minister Benjamin Netanyahu has strongly criticized international organizations, wo

Pune Car Crash: 'I was drunk on the night of the accident, I don't remember anything now'; said the minor accused during police interrogation

Two people lost their lives in a car accident in Pune, Maharashtra. The darkest aspect of the acc

India's First Hydrogen Train Unveiled: Runs Without Electricity, Check Route, Fare, Coaches & Features

In a landmark step towards sustainable transportation, India has launched its first hydrogen fuel

On Deepika Padukone's demand for 8 hours shift after she was out of 'Spirit', Ram Gopal Varma said- 'Right to refuse...'

In the glamorous film industry, stars do not have any fixed time for shooting. Some have to shoot

Weather Update: Delhi shivered due to severe cold, and traffic was affected from ground to sky; Impact on 22 trains and 134 flights

Due to the cold winds coming from the mountains, the cold has increased in the plains. There was

Mumbai Weather: Rain in Mumbai made the weather pleasant, people got relief from the humid heat

Rainfall in most parts of Mumbai made the weather pleasant. An official said that the rain starte

PM Modi's Norway Visit: PM Modi to attend the India-Nordic Summit today; several key issues to be discussed.

Prime Minister Narendra Modi will arrive in Norway on Monday. While there, he will participate in

T20 captain Surya Kumar Yadav's mother wishes injured cricketer Shreyas Iyer on Chhath.

A mother's love is equal for all her children. Whenever her son or any other child is in trouble,

Testing of eggs has begun across the country to detect the presence of nitrofurans; more than 1200 samples have been collected.

Following instructions from the Food Safety and Standards Authority of India (FSSAI), the Delhi F

Death of 'One Direction' fame singer Liam Penn: Fell from a hotel balcony, belongings found scattered in the room, suspected to be under the influence of drugs

British pop band 'One Direction' ex-member and English singer Liam Payne has passed away. 31-year

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