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US votes to extend anti-dumping duty on Indian shrimps for 5 years

The total exports to USA stood at $1,334 mn in 2015-16

US votes to extend anti-dumping duty on Indian shrimps for 5 years
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Nirmalaya Behera Bhubaneswar
In a setback to $4.7 billion Indian seafood exports sector, the United States International Trade Commission (USITC) has unanimously voted to extend the anti-dumping orders on imports of frozen warm water shrimp for five more years. The United States is the largest market for Indian exporters.

As a result of the Commission's determinations, the existing anti-dumping duty orders on imports of the perishable product from China, Thailand, and Vietnam will also remain in place.

"The USITC determined that revoking the existing anti-dumping duty orders on imports of frozen warm water shrimp from China, India, Thailand, and Vietnam would be likely