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

The number of candidates in the Lok Sabha elections increased four times as compared to 1952, read how many candidates contested the first general election.

In comparison to the first general election held in 1952, the number of candidates has increased

Takeshi's Castle Trailer: Takeshi's Castle trailer released, could Bhuvan Bam replace Javed Jaffrey by becoming Titu Mama?

The Japanese game show 'Takeshi Castle' remains in the news for its new season. The show gained i

Israel-Hamas war: Jewish leader thanked PM Modi for supporting Israel, said this big thing for India

Indian-American Jewish leader Nissim Rubin has said that the Jewish community is grateful to Prim

Mahakumbh 2025: Home Minister Amit Shah will take a dip in Sangam today, Chief Minister Yogi Adityanath will be with him

Home Minister Amit Shah will stay in Mahakumbh Nagar for about seven and a half hours today. The

Asian Games Hockey: India Women Beat Thailand 20-1, Deepika Smashes 9 Goals; Japan Next

The Indian women’s hockey team continued its impressive campaign at the Asian Games with a

Champions League Results: PSG Win 6-1 as World Cup Hero Scores Hat-Trick; Barcelona, Arsenal, Liverpool Triumph

The UEFA Champions League began in spectacular fashion as defending champions Paris Saint-Germain

Amid reports of divorce from Hardik Pandya, Natasa Stankovic's cryptic post draws attention, fans confused

Indian cricketer Hardik Pandya is in the news for his personal life. There are reports of turmoil

PM Modi will be on a three-country tour starting today, and will visit Ethiopia for the first time; the complete schedule has been released.

Prime Minister Narendra Modi will embark on a three-nation tour starting today, December 15th. He

IND vs PAK: 'If I were captain, I wouldn't shake hands with Pakistani players,' Praveen Kumar said bluntly.

Former Indian cricketer and chairman of the Uttar Pradesh Senior Selection Committee, Praveen Kum

NEET: CBI takes big action in NEET paper leak case, raids seven places in Gujarat

Taking major action in the NEET paper leak case, the CBI today raided seven places in Gujarat. Th

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