US Turkey Exports to India: First Shipment Arrives
Nov 13, 2024 07:43
The first shipment of American turkey products has arrived in India, marking a new chapter in US-India trade relations. This follows a trade agreement that reduced tariffs on US turkey products, opening up a new market for American poultry producers.
Photograph: Jonathan Ernst/Reuters
Washington, Nov 13 (PTI) The first shipment of American Turkey products for India left on Tuesday, marking a new phase in the bilateral trade relations between the two countries.
The shipment comes over a year after India agreed to the American request to reduce high tariffs on US turkey products.
US Senator from Virginia Mark Warner, who is also co-chair of the Senate India Caucus, said this marks a historic milestone in international trade, expanding the reach of American turkey products in global markets, and opening new doors for US turkey producers.
"This shipment is a tremendous opportunity for Virginia's poultry producers and a huge step forward for US-India trade," he said.
"As co-chair of the Senate India Caucus, I look forward to the ongoing cooperation between our two nations and to seeing a wealth of new opportunities open up for Virginia's poultry producers, Warner said.
This shipment comes as a result of a trade agreement and tariff reduction, facilitated by a collaborative effort between the two countries.
Last year, ahead of Indian Prime Minister Narendra Modi's visit to the United States, Warner was joined by a number of his colleagues in urging Ambassador Katherine Tai to increase market access for US turkey and poultry products. These products previously faced significant barriers from the Indian market due to prohibitively high tariff.
"Our US turkey producers have long been committed to providing safe, nutritious, and versatile protein options worldwide, and we're excited to see Indian consumers experience the exceptional quality of American turkey," said Leslee Oden, CEO of the National Turkey Federation.
This first shipment is a testament to the strength of US-India trade relations and a reflection of our shared commitment to expanding food diversity and quality, he said.
John King, president of Virginia Poultry Growers Cooperative said the cooperative is "excited to be part of this new market opportunity". He added that the move will help nearly 200 independent turkey grower owners.
Hobey Bauhan, president of the Virginia Poultry Federation, also expressed hope of good returns, saying, "Virginia turkey farmers are pleased to offer high quality, lean protein for export to India, and we are grateful for those who facilitated this opportunity."
Under the trade agreement announced in September 2023, India eliminated and reduced retaliatory tariffs on US turkey products, paving the way for increased access to the nation's rapidly growing protein market.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
Google.org Grants $1 Million to Karya for AI...
Google.org awards USD 1 million to Karya, an Indian non-profit, to empower low-income...
Zomato CEO Congratulates Swiggy on IPO
Zomato CEO Deepinder Goyal congratulates rival Swiggy on its successful stock market...
Patel Engineering Q2 PAT Surges 95.05% to Rs...
Patel Engineering's consolidated net profit after tax (PAT) rose by 95.05% to Rs 73.44...
BiteSpeed Raises $3.5 Million for E-commerce AI
E-commerce AI startup BiteSpeed secures $3.5 million in funding led by Peak XV's Surge,...
Silver Prices Surge on Spot Demand - PTI
Silver prices jumped by Rs 633 to Rs 89,960 per kilogram on the Multi Commodity...
LTIMindtree Expands US Presence with Houston...
LTIMindtree opens new facility in Houston, focusing on AI, digital transformation, and...
Swiggy CEO: Expecting Solid Growth in Next 3-5...
Swiggy CEO Sriharsha Majety expects strong growth in the next 3-5 years, driven by...
BlueGreen Ventures Launches USD 75 Million Fund...
BlueGreen Ventures, led by Rajeev Suri and Anup Jain, launches a USD 75 million fund...
IL''FS Resolution Deadline Extended to March 2025
NCLAT extends moratorium on IL''FS resolution, directs completion of remaining 58 firms...
Indian Patent Office Warns of IP Application Fraud
The Indian patent office warns of fraudsters soliciting money to facilitate IP...
Read More »