Vietnam has made official opposition to the US over ananti-subsidy lawsuit against Vietnamese frozen warm-water shrimp.
According to the Vietnam Association of Seafood Exporters andProducers (VASEP), the Vietnam Trade Office in the US expresseddissatisfaction and made the protest during a consultation on January 19with the Import Administration (IT) under the US Department of Commerce(DOC)’s International Trade Administration (ITA).
The antidumping and countervailing duty (AD/CVD) lawsuit targetingVietnam ’s frozen warm-water shrimp products may have negative impactson the strongly developing economic-trade relations between the twocountries.
The Vietnamese Government will considercarefully arguments in the US petition as well as necessary legaloptions to protect the legitimate interests of Vietnamese shrimpbreeders and businesses involving in export shrimp production andprocessing.
VASEP said that if the ITA decides tolaunch investigations under the lawsuit and impose a certain AD/CVD taxrate on Vietnam ’s frozen warm-water shrimp, it will be an unfairdecision and a double taxation measure that greatly affects the life ofmore than 600,000 Vietnamese shrimp farmers and processors.
An IT representative affirmed that the US will consider in acareful and serious manner the standpoints of Vietnam and otherrelated countries, saying that the DOC will address this lawsuitindependently without connection with the retaliation or punishment ofany other lawsuit.
According to latest information,the US International Trade Commission (US-ITC) will release preliminarydeterminations on whether the US shrimp industry suffered losses ornot on February 11.
The ITA has to date completedseparate consultations with each out of seven countries involved in thelawsuit, including Vietnam, China, India, Ecuador, Indonesia, Malaysiaand Thailand./.VNA
According to the Vietnam Association of Seafood Exporters andProducers (VASEP), the Vietnam Trade Office in the US expresseddissatisfaction and made the protest during a consultation on January 19with the Import Administration (IT) under the US Department of Commerce(DOC)’s International Trade Administration (ITA).
The antidumping and countervailing duty (AD/CVD) lawsuit targetingVietnam ’s frozen warm-water shrimp products may have negative impactson the strongly developing economic-trade relations between the twocountries.
The Vietnamese Government will considercarefully arguments in the US petition as well as necessary legaloptions to protect the legitimate interests of Vietnamese shrimpbreeders and businesses involving in export shrimp production andprocessing.
VASEP said that if the ITA decides tolaunch investigations under the lawsuit and impose a certain AD/CVD taxrate on Vietnam ’s frozen warm-water shrimp, it will be an unfairdecision and a double taxation measure that greatly affects the life ofmore than 600,000 Vietnamese shrimp farmers and processors.
An IT representative affirmed that the US will consider in acareful and serious manner the standpoints of Vietnam and otherrelated countries, saying that the DOC will address this lawsuitindependently without connection with the retaliation or punishment ofany other lawsuit.
According to latest information,the US International Trade Commission (US-ITC) will release preliminarydeterminations on whether the US shrimp industry suffered losses ornot on February 11.
The ITA has to date completedseparate consultations with each out of seven countries involved in thelawsuit, including Vietnam, China, India, Ecuador, Indonesia, Malaysiaand Thailand./.VNA
