The Vietnam Association of Seafood Exporters and Processors (VASEP) has decided to launch a case against the US Department of Commerce (DOC) via the US Court of International Trade (CIT) over its imposition of duties on Vietnam s warm-water shrimp.
According to the DOC’s decision reached during its eighth period of review from February 1, 2012 to January 31, 2013, the high level of tariffs is to be applied to 32 Vietnamese shrimp exporters. The duties will be 4.98 percent for Minh Phu Seafood Co. Ltd; 9.75 percent for Soc Trang Seafood JSC and 6.37 percent for 30 other companies.
VASEP Vice President Nguyen Huu Dung said the tariff levels that DOC is planning to apply to Vietnamese shrimp exporters are irrational. According to Dung, the tariff calculation was based on outdated data, adding that this went against the US ’ Anti-Dumping Duty Law.
To justify his point, Dung cited the case of Bangladesh , in which the DOC used data from 2003 to calculate anti-dumping duties.
He said the DOC should use the most up-to-date data, which was more transparent and in line with the US ’ laws.
According to Dung, 31 shrimp exporters lodged a joint complaint with the US CIT on September 29. The businesses will follow the case carefully and submit their arguments in the lead-up to the 9th period of review.
Dung urged shrimp exporters to manage their supply chains better and seek new markets.
During the first eight months of this year, Vietnam’s shrimp exports to the US totalled 700 million USD in value, up by 80 percent compared to the same period last year./.
According to the DOC’s decision reached during its eighth period of review from February 1, 2012 to January 31, 2013, the high level of tariffs is to be applied to 32 Vietnamese shrimp exporters. The duties will be 4.98 percent for Minh Phu Seafood Co. Ltd; 9.75 percent for Soc Trang Seafood JSC and 6.37 percent for 30 other companies.
VASEP Vice President Nguyen Huu Dung said the tariff levels that DOC is planning to apply to Vietnamese shrimp exporters are irrational. According to Dung, the tariff calculation was based on outdated data, adding that this went against the US ’ Anti-Dumping Duty Law.
To justify his point, Dung cited the case of Bangladesh , in which the DOC used data from 2003 to calculate anti-dumping duties.
He said the DOC should use the most up-to-date data, which was more transparent and in line with the US ’ laws.
According to Dung, 31 shrimp exporters lodged a joint complaint with the US CIT on September 29. The businesses will follow the case carefully and submit their arguments in the lead-up to the 9th period of review.
Dung urged shrimp exporters to manage their supply chains better and seek new markets.
During the first eight months of this year, Vietnam’s shrimp exports to the US totalled 700 million USD in value, up by 80 percent compared to the same period last year./.
