{"id":87725,"date":"2023-02-03T10:57:00","date_gmt":"2023-02-03T05:27:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=87725"},"modified":"2023-02-03T10:55:29","modified_gmt":"2023-02-03T05:25:29","slug":"us-india-pecan-tariff-2","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/us-india-pecan-tariff-2\/","title":{"rendered":"US body welcomes Indian budgetary proposal to reduce import tariffs on pecan"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3824684470\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>America\u2019s National Pecan Federation has welcomed the annual budgetary proposal of Union Finance Minister Nirmala Sitharaman to reduce the import duty on pecan by 70 per cent, a move it said would benefit thousands of farmers in the country, especially in Georgia.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2440806101\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>\u201cThis is great news for the pecan industry,\u201d Larry Don Womack, chairman of National Pecan Federation (NPF), said after Sitharaman in her budget proposed to reduce the import tariff on pecan from 100 per cent to just 30 per cent.<\/p><p>The federation, in a statement on Thursday, described it as a significant positive change for the pecan industry that opens the US pecan export market to India.<\/p><p>\u201cPecans are grown in 15 states and have a significant impact on these rural economies. Opening the India market will be a great opportunity for our industry to expand and grow,\u201d Womack said.<\/p><div class=\"trade-content_5\" id=\"trade-3999311805\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Over the last few years, the NPF had been working with pecan growers, lawmakers and US trade representatives asking them to urge India to reduce the tariff on pecan. Georgia Senator Jon Ossoff said he met India\u2019s Ambassador to US Taranjit Singh Sandhu as many as seven times and even travelled to India to meet officials to present the case on behalf of pecan growers.<\/p><p>US trade representative Katherine Tia raised the issue with Union Commerce and Industry Minister Piyush Goyal when he was in the city last month.<\/p><p>\u201cExpansion of the US pecan export market to India is essential to the health of the pecan industry,\u201d said NPF executive board member Jeff Worn.<\/p><p>\u201cGreat news for Georgia&#8217;s pecan farmers &#8212; and our whole state economy! India reducing tariffs means USD 50 million more in trade for GA businesses. Something worth going nuts over!\u201d said Congressman Rich McCormick. PTI LKJ AQS AQS<\/p><div class=\"trade-after-content\" id=\"trade-2538838604\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>America\u2019s National Pecan Federation has welcomed the annual budgetary proposal of Union Finance Minister Nirmala Sitharaman to reduce the import duty on pecan by 70 per cent, a move it said would benefit thousands of farmers in the country, especially in Georgia. \u201cThis is great news for the pecan industry,\u201d Larry Don Womack, chairman of [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":82966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-87725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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