Vietnam opposes US shrimp petition

Vietnam has made official opposition to the US over an anti-subsidy lawsuit against Vietnamese frozen warm-water shrimp.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the Vietnam Trade Office in the US expressed dissatisfaction and made the protest during a consultation on January 19 with the Import Administration (IT) under the US Department of Commerce (DOC)’s International Trade Administration (ITA).

The antidumping and countervailing duty (AD/CVD) lawsuit targeting Vietnam ’s frozen warm-water shrimp products may have negative impacts on the strongly developing economic-trade relations between the two countries.

The Vietnamese Government will consider carefully arguments in the US petition as well as necessary legal options to protect the legitimate interests of Vietnamese shrimp breeders and businesses involving in export shrimp production and processing.

Click here to read the full story from Vietnam News Agency >

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