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

EPFO Launches 6-Month Amnesty Scheme: Check Eligibility, Benefits and How to Apply

The Employees' Provident Fund Organisation (EPFO) has introduced the Amnesty Scheme 2026, offerin

AI Summit Case: All three accused sent on transit remand, to appear in Delhi court; drama ensues

The court of the Additional Chief Judicial Magistrate (ACJM-II) in Shimla has remanded three accu

Salman Khan Firing Case: 'Look fearless and fire everywhere', many new revelations from the charge sheet in the Salman Khan firing case

Salman Khan Firing Case More new revelations have been made in the firing case at Bollywood super

Delhi records a 'cold day' for the second consecutive day, no respite from the cold wave in Uttar Pradesh; fog persists in Punjab and Haryana.

The India Meteorological Department (IMD) has predicted a cold wave in several parts of Himachal

Hanuma Vihari: Controversy deepens regarding Hanuma Vihari, Andhra Cricket Association reveals a big secret

Ranji Trophy 2024 has reached its final stage. In the quarter-final match, the Andhra Pradesh tea

Pahalgam Attack: 'Time to abolish Articles 26 to 29 of the Constitution...', Nishikant Dubey after Pahalgam attack

After the terrorist attack in Pahalgam, Jammu and Kashmir, BJP MP Nishikant Dubey has given a big

Who Will Be the CM in Bengal? Efforts to Form Government Intensify; BJP Appoints Amit Shah as Observer.

The BJP has secured a resounding victory in Bengal and Assam. Following this outcome, the process

Weather Update: Apart from Delhi-NCR, there is a possibility of heavy rain in many parts of the country, and snowfall in the mountains; Know in which states there is an alert

India Meteorological Department (IMD) in its latest weather forecast said that there may be heavy

Women Reservation Bill approved in Lok Sabha, 454 votes were cast in support; These two MPs voted in protest

Women Reservation Bill. The bill for 33 percent reservation for women in the Lok Sabha and Assemb

RJD will go to the Supreme Court against the new Waqf law, and Muslim organizations will protest across the country

Rashtriya Janata Dal (RJD) will file a petition today to challenge the new Waqf law in the Suprem

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