Malaysia urges compliance with US shrimp duties
The Malaysian Ministry of Agriculture and Agro-based Industries has called on all exporters to comply with international trade procedures and regulations following the U.S. decision to impose countervailing duty on frozen prawns from Malaysia.
Under the duty structure, Asia Aquaculture (M) Sdn Bhn has to pay a tax rate of 10.8 percent while others are charged 54.5 percent.
The ministry also asked these companies to cooperate in every aspect of investigations conducted by foreign authorities.
The ministry said the U.S. decision to levy a high tax rate is because the selected Malaysian companies have refused to cooperate in investigations by the U.S. Department of Commerce and the U.S. International Trade Commission.