Financial Daily from THE HINDU group of publications
Friday, Aug 19, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Agri-Biz & Commodities - Anti-dumping


Shrimp dumping duty: US team to review changed circumstances

Our Bureau

Kochi , Aug 18

THE five-member team from the US International Trade Commission (ITC) is to land in Chennai on Friday and begin a six-day "Changed Circumstances Review" to assess the impact and destruction caused by the December 26 tsunami.

Based on the report of the team, ITC will decide whether to continue with the anti-dumping duties imposed on Indian shrimp in the US, withdraw it altogether or reduce it. Shrimp from India and Thailand now attract 10.2 per cent and 6.01 per cent anti-dumping duty in the US markets.

The team is expected to meet the representatives of the shrimp farmers association, fishermen's association, shrimp hatcheries association and the President of the Seafood Exporters Association in Chennai on Saturday. Later, the team is expected to visit the coastal districts of Nagapattinam, Cuddalore, Kakinada and so on to assess the tsunami impacts first-hand.

When contacted, the Seafood Exporters Association of India said neither the Government nor the industry had been given information about the members of the visiting team or their detailed itinerary in India. The team is scheduled to go back on August 25 and submit its report to ITC. With a time-schedule of six months from the date of taking up the review, the Commission is supposed to submit its final report and recommendation of the Indian shrimp anti-dumping duty on October 31.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
UB in pact with Punjab Govt


Dubai gold bourse in membership drive
Shrimp dumping duty: US team to review changed circumstances
Golden opportunity
Rubber prices weaken further
Oudh Sugar to pay 25 pc dividend
Spot gold may rise again
Centre plans development fund, bank for food processing sector
Nabard sets Rs 3,570-cr target for agriculture in Bengal
Suguna Poultry to buy corn directly from TN farmers
Cardamom rules low despite buying support
AP CM launches Agro Rythu Seva Kendras


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line