ShapeShapeauthorShapecrossShapeShapeShapeGrouphamburgerhomeGroupmagnifyShapeShapeShaperssShape

US lobby move stumps shrimp exporters

by the Fish Site Editor
27 March 2007, at 1:00am

US - Dealing a blow to shrimp exports to the USA, the Southern Shrimp Alliance (SSA), the original petitioners in the anti-dumping case, pruned its list of exporters for the ongoing second administrative review, deleting 410 companies from India, Brazil, China, Ecuador, Thailand and Vietnam. Of the companies deleted, 17 are from India.

The SSA’s move has put the 17 domestic shrimp exporters in a spot, as they face an enhanced 82.30 per cent anti-dumping duty, making it unviable for them to export to the USA.

Of the 17 companies, only 5 have continued to export shrimp to the USA and they would be badly hurt with the SSA’s action. These exporters had not applied for the second administrative review, which is being conducted by the US Department of Commerce (DoC).

The exporters are at the receiving end, as the last date to apply for the review has already lapsed. They will, hence, be subjected to a higher anti-dumping duty, with no recourse to the review.

After the first review, the DoC had raised the anti-dumping duty for Indian and Brazilian exporters, even as it cut the duty for four other countries. Post-review, Indian exporters have to pay a slightly higher duty of 10.54 per cent from the earlier 10.17 per cent.

Source: Business Standard

the Fish Site Editor