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

Doctor's Day: PM Modi wishes on National Doctor's Day, Kharge also expressed gratitude to the doctors.

On the occasion of Doctors Day, Prime Minister Narendra Modi on Monday said that his government i

New Delhi Stampede: Railway issues notice to 'X' for running stampede video, social media platform says this to users

18 passengers died in a stampede at New Delhi Railway Station on February 15, while many were inj

Harvard Row: Why was Harvard banned from admitting foreign students, what is the impact of Trump's decision on India?

Harvard University will no longer be able to admit foreign students. The Donald Trump administrat

'Whether the Dollar Goes Up or Down...' Salman Khan Steps Up in Support of Rajpal Yadav; Actor Faces Taunts Over ₹9 Crore Cheque Bounce Case

Actor Salman Khan shared a post on Tuesday in support of his fellow actor, Rajpal Yadav. This pos

Indian soldiers overpowered Chinese soldiers, Dragon got defeated in 'Tug of War'.

Indian soldiers have defeated the Chinese army on foreign soil. A video has surfaced which is bec

Punjab Floods: Dhussi dam broke in Ludhiana's village Sasrali, water of Sutlej river entered the area

In Ludhiana, the water of the Sutlej River is causing damage to the Sasrali area of ​​the cit

Monsoon knocks in the country, bringing relief to some and trouble to others; see the condition of your state in pictures

Monsoon has entered many states of India including Delhi NCR. Monsoon has also reached Uttar Prad

IPL 2026 Auction: 359 players, 77 slots available… 9 new players added to the auction list; Virat Kohli's favorite among them.

Ahead of the Indian Premier League (IPL 2026) mini-auction, the BCCI has made a significant chang

Border 2 Collection: Sunny Deol's film raced ahead at bullet train speed, doing business worth crores of rupees even before its release.

The release of 'Border 2', one of the most anticipated films of 2026, is just two days away. This

Auto Expo 2025: Prime Minister Modi inaugurated the Auto Expo, this time the focus is on electric vehicles; know everything

Prime Minister Narendra Modi inaugurated the second edition of the Global Automotive Exhibition o

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