India And Thailand To Seek Review Of US Anti-Dumping Duty Following Tsunami

by Lorys Charalambous, for LawAndTax-News.com, Cyprus

03 February 2005

According to reports in the Indian media this week, the country's seafood exporters are looking to join forces with their counterparts in Thailand, in order to force the United States to review the anti-dumping duty that it recently imposed on shrimp imports.

Ruling last month, the International Trade Commission (ITC) suggested that the duty increase on shrimp imports into the US from 9.45% to 10.17% was justified, as India and five other shrimp-exporting countries had caused "injury" to the US fishing industry.

However, in the wake of the tsunami disaster which devastated the region in December, the Commission revealed that it would consider a changed circumstance review (CCR).

Speaking to the Indian Financial Express this week, president of the Seafood Exporters Association of India (SEAI), AJ Tharakan announced that although the ITC is expected to launch a CCR on its own, India and Thailand are preparing to make the request themselves, if necessary.

According to data collected by the Indian Marine Products Export Development Authority (MPEDA) on the effect of the tsunami on the industry, entire fishing villages have vanished in the wake of the giant tidal wave.

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