List not getting initialized c#

For the following code below, the foreach loop in the main() method is not displaying any values. i.e. my list is not getting initialized for display. Please help me. Thanks in advance.

using System;
using System.Collections.Generic;
using System.Linq;
using System.Text;
using System.Threading.Tasks;

namespace Sample
{
public class Product
{
    public int Id { get; set; }
    public string Name { get; set; }
} 
public class Program
{
    public static List<Product> allProducts;

    public static void InitialiseMyProducts(List<Product> allProducts)
    {
        allProducts = new List<Product>
        {
            new Product(){Id=1,Name="TV"},
            new Product(){Id=2,Name="Bat"},
            new Product(){Id=3,Name="Ball"},
            new Product(){Id=4,Name="Chair"},
        };
    }       

    public static void Main(string[] args)
    {
        List<Product> allProducts = new List<Product>();
        allProducts = new List<Product>();
        InitialiseProductList(allProducts);
        foreach (Product res in allProducts)
        {
            Console.WriteLine("ID:" + " " + res.Id + " " + "Name:" + " " + res.Name);
        }
        Console.ReadKey();
    }
    }
}