Trade Ministry calls US’s removal of anti-dumping duties on Minh Phu frozen shrimp fair decision

The US’s decision not to impose anti-dumping tariffs on frozen shrimp products of the Minh Phu Seafood JSC exported to the US is objective and fair, said the Vietnamese Ministry of Industry and Trade.

According to the ministry, the US Customs and Border Protection (CBP) on February 11 issued a decision, saying that there was no evidence to conclude that the Minh Phu company evades anti-dumping taxes that the US has imposed on shrimp imports from India.

 

The CBP then cancelled the decision it issued on October 13 last year on the imposition of anti-dumping tariffs on the Minh Phu company’s frozen shrimp products exported to the US.

 

The Vietnamese Ministry of Industry and Trade applauds the conclusion and believes that this is a decision that fully considers information and efforts of the Minh Phu company and related parties in the process of handling the case, helping to create fair competition between US shrimp producers and foreign exporters.

 

The ministry will continue to discuss with US agencies to ensure legitimate rights and interests of Vietnam’s shrimp farming, processing and exporting industry.

 

Source: VOV5

Author: web Desk

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