Vietnam’s frozen tra fish fillets will be subject to antidumping duties of 2.39 – 7.74 USD per kilogramme from the United States. (Photo: VNA) Hanoi (VNA) – Vietnam’s frozen Tra fishfillets will be subject to antidumping duties of 2.39 – 7.74 USD per kilogrammefrom the United States, according to a US decision which the Ministry ofIndustry and Trade (MoIT) claimed unfair and providing unduly excessiveprotection.
The US Department of Commerce (DOC) has recently issued the final results of the13th administrative review (POR 13) of antidumping duties on frozenpangasius fillets from Vietnam for the period from August 1, 2015 to July 31,2016, that imposes the unprecedentedly high rates of tax on the products,according to the MoIT.
It will have negative impacts on Vietnam’s fishexports to the US, the ministry said.
The ministry has been closely working with the VietnamAssociation of Seafood Exporters and Producers (VASEP) and local pangasiusexporters to exchange information and give the US authorities feedback on theissue.
Throughout the review process, Vietnamese producershave put many efforts to provide the DOC with accurate information but the DOCdecided to use adverse facts available (AFA) to determine the final tax rates.The DOC has changed its reviewing practices when applying AFAon many Vietnamese businesses, the ministry stressed.
Thereby, the MoIT requested the US to review thedecision and reduce the tax rates on Vietnam’s exporters in compliance with WTOregulations and with fairness for all related parties.
The ministry will continue coordinatingwith VASEP and relevant governmental agencies to study all options in ensuringlegitimate rights of Vietnamese companies.
According toa report of the Directorate of Fisheries of Vietnam, the country’s tra fishoutput hit 1.2 million tonnes in 2017, a year-on-year rise of 5.1 percent. Inthe year, export turnover of this kind of fish reached 1.78 billion USD, up 4.3percent against that of the previous year, accounting for 21 percent of thefishery industry’s total export value.
The export turnover of tra fish is expected to reach 2 – 2.2 billion USD in2018, making up 31.5 percent of the fishery industry’s total export value.-VNA
VNA
