Business Standard

India appeals to WTO on rejection of shrimps by Japan

George Joseph  |  Kochi 

India has appealed to the (WTO) for help with its shrimp exports, the light of Japan’s rejection of consignments, citing a high level of ethoxyquin. has stalled imports of Indian shrimp and currently holds 150 containers of the frozen product at its ports. Though Japan had lifted the ban, exports have dropped heavily on account of the increase in the number of rejections. This has hit aquaculture farmers and exporters in Odisha and West Bengal. But 60 per cent of the black tiger shrimp produced in these regions is exported to Japan.

Since Japan lowered the acceptable limit of ethoxyquin, an antioxidant used in shrimp feed, in shrimp, the country had started rejecting containers from June. Japanese authorities found the level of ethoxyquin in some shrimp to be in the 0.02-0.04 ppm range, whereas the newly introduced health standards tolerate levels as high as 0.01 ppm only.

India raised the issue with the (SPS) committee of the WTO, as the is of the view that the new standards that have been imposed are ‘unscientific and unjustified’. India is not filing a case against Japan at the WTO at this point but it hopes that bringing up the issue at the SPS committee will pressure Japan to respond favourably. This would benefit not just India but also countries like Vietnam that are being affected by the same regulations.

“There are other countries like Vietnam that are facing similar entry barriers in Japan for their shrimp. We hope to generate enough pressure at the WTO forum to force Japan to reconsider (its decision). If this doesn’t work, we could consider a formal case against this restrictive measure,” a commerce ministry official said.

RECOMMENDED FOR YOU

India appeals to WTO on rejection of shrimps by Japan

India has appealed to the World Trade Organisation (WTO) for help with its shrimp exports, the light of Japan’s rejection of consignments, citing a high level of ethoxyquin. Japan has stalled imports of Indian shrimp and currently holds 150 containers of the frozen product at its ports. Though Japan had lifted the ban, exports have dropped heavily on account of the increase in the number of rejections. This has hit aquaculture farmers and exporters in Odisha and West Bengal.

India has appealed to the (WTO) for help with its shrimp exports, the light of Japan’s rejection of consignments, citing a high level of ethoxyquin. has stalled imports of Indian shrimp and currently holds 150 containers of the frozen product at its ports. Though Japan had lifted the ban, exports have dropped heavily on account of the increase in the number of rejections. This has hit aquaculture farmers and exporters in Odisha and West Bengal. But 60 per cent of the black tiger shrimp produced in these regions is exported to Japan.

Since Japan lowered the acceptable limit of ethoxyquin, an antioxidant used in shrimp feed, in shrimp, the country had started rejecting containers from June. Japanese authorities found the level of ethoxyquin in some shrimp to be in the 0.02-0.04 ppm range, whereas the newly introduced health standards tolerate levels as high as 0.01 ppm only.

India raised the issue with the (SPS) committee of the WTO, as the is of the view that the new standards that have been imposed are ‘unscientific and unjustified’. India is not filing a case against Japan at the WTO at this point but it hopes that bringing up the issue at the SPS committee will pressure Japan to respond favourably. This would benefit not just India but also countries like Vietnam that are being affected by the same regulations.

“There are other countries like Vietnam that are facing similar entry barriers in Japan for their shrimp. We hope to generate enough pressure at the WTO forum to force Japan to reconsider (its decision). If this doesn’t work, we could consider a formal case against this restrictive measure,” a commerce ministry official said.

image

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

Widgets Magazine

More News

STOCK WATCH

Company Price() Chg(%)
Take Solutions 154.85 19.99
Vijaya Bank 34.30 15.88
Sequent Scien. 864.25 15.19
Jindal Steel 63.45 10.44
Yamini Invest 46.65 9.64
> More on BSE Gainers
Company Price() Chg(%)
Vijaya Bank 34.25 16.10
Federal-Mogul Go 339.10 12.06
Jindal Steel 63.50 10.63
Suzlon Energy 15.75 9.38
Vedanta 73.90 9.08
> More on NSE Gainers
Company Price() Chg(%)
SE Investments 181.10 -7.01
Alembic Pharma 596.55 -5.77
Crompton Greaves 126.90 -5.33
ISGEC Heavy 4484.50 -5.12
Bosch 16133.20 -4.97
> More on BSE Gainers
Company Price() Chg(%)
Alembic Pharma 593.20 -6.33
Bosch 16089.10 -5.24
Ess Dee Alumin. 165.15 -4.98
Zydus Wellness 700.00 -4.68
J B Chem & Pharm 256.95 -4.46
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price