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

Maa Vande: South cinema will now show the life story of PM Modi; this actor played the role in 'Maa Vande'

Prime Minister Narendra Modi is one of the country's most powerful and popular political leaders.

Lok Sabha Polls 7th phase: This is the last phase, this is the heavy phase; The battle between Himachal and Punjab will be important

The Lok Sabha elections in 2024 are towards its last and final stage. Voting will be held for 57

Shibu Soren: 'I am going through the most difficult phase, the pillar of Jharkhand's soul is gone', CM Hemant on the demise of Shibu Soren

Jharkhand Chief Minister Hemant Soren shared an emotional post on the demise of his father and Jh

Cousin trolled for supporting Palash Muchhal, users said – to a cheater…

Palash Muchhal and Smriti Mandhana's wedding was recently postponed. Subsequently, an alleged cha

World Cup: 'Kohli-Rohit or Samson cannot do work like Suryakumar', former spinner's big statement regarding World Cup

The inclusion of Suryakumar Yadav in the Indian team selected for the World Cup has surprised man

Champions Trophy 2025: Every decision in the final will be closely monitored, keeping this in mind, ICC announced the names of the umpires

The final match of the Champions Trophy 2025 will be played between India and New Zealand in Duba

Will a trade deal between India and the US happen soon? Trump has made a new offer regarding Venezuelan oil.

The US imposed tariffs on India last year for buying oil from Venezuela. Now, the US is once agai

Vijay Deverakonda's car met with an accident, and a video surfaced. The actor was returning to Hyderabad.

Actor Vijay Deverakonda was traveling from Puttaparthi, Andhra Pradesh, to Hyderabad, Telangana,

MahaKumbh 2025: When a stampede-like situation arose, entry of passengers was banned at Prayagraj Junction, all gates had to be closed

The crowd of devotees returning from the city side of Prayagraj Junction after bathing in Sangam

Diljit Dosanjh: Thieves broke into diljit's concert and stole more than 100 phones, 32 FIRs registered

Complaints of mobile phones being stolen have been pouring in from the crowded concert of singer

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