Customs bond on Indian shrimp exports to be raised above dumping duty

INDIA - India is planning to take up with the World Trade Organisation (WTO) the issue of trade barrier of customs bond over and above the anti-dumping duty imposed by the US on Indian shrimp.

A delegation comprising the chairman of the Marine Products Export Development Authority (Mpeda), the secretary-general of Seafood Exporters Association of India (Seai) and a legal expert will meet WTO officials in Geneva on Monday and present their case as the bond has driven out several exporters from the US shrimp market.

Source: Financial Express