US amends duties for VN’s shrimp firms

The US Department of Commerce (DoC) has amended its final anti-dumping duties for February 1, 2006 through January 31, 2007 for 22 Vietnamese shrimp companies.

The online Seafood.com News on May 13 issued the list of the 22 Vietnamese exporters, saying the move was in response to the ruling in Amanda Foods ( Vietnam ) Ltd., et al., v. United States .

Accordingly, the 22 Vietnamese shrimp exporters, enjoy the de minimis duty of 0.01.

If the court ruling is not appealed or, if appealed, is upheld by the Circuit Court, the DoC will instruct US Customs and Border Protection to assess antidumping duties on entries of shrimp during this time period based on these revised assessment rates, said the Seafood.com.

The ruling, if it stands, effectively would end duties on Vietnamese shrimp exports to the US by these companies. This is because although the anti-dumping duties are still in effect, once companies have achieved de minimis duties, the history of shrimp anti-dumping duties shows they tend to stay at that level.

Earlier, the US axed its anti-dumping duties of 3.92 percent to 1.52 for 29 Vietnamese shrimp exporters.

Source: Tuoi Tre News

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