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 Agri-Biz & Commodities - Aquaculture
Dumping levy effect

K.K. Mustafah

Drop in exports: A fisherman displaying his proud catch, a farmed shrimp in the backwaters at Alappuzha in Kerala. The anti-dumping duty imposed by the US on Indian shrimps, coupled with the requirement of customs bond, seriously affected the export of marine products during the 2006-07 fiscal. Shrimp exports dropped 23 per cent in dollar earnings compared with the previous financial year. –

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