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Honduras Shrimps Hit by 20 per cent Tariff from Mexico

Lucy Towers
30 August 2013, at 1:00am

HONDURAS and MEXICO - A new trade dispute is looming between Honduras and Mexico. This time the dispute is over the 20 per cent tariff that was unilaterally imposed by Mexico on frozen shrimp from plants operating in Choluteca and Valle, Honduras.

Executive director of the National Aquaculture Association of Honduras (Andah), Ricardo Gomez, said the situation has been made known to the authorities of the Ministry of Industry and Commerce (SIC), who will carry out procedures for Mexico suspend the tariff, reports ElHeraldo.

If the claim is not successful, Honduran shrimp producers may consider going to the World Trade Organization (WTO).

The application of this measure by Mexico has been described as a retaliation to the government's decision to suspend fresh shrimp exports from Mexico due to the threat of Early Mortality Syndrome (GTS), which has wreaked havoc in the states of Sonora, Sinaloa and Nayarit.