US agency cancels anti-dumping tariff on Vietnamese shrimp
The subsidiary of the Vietnamese shrimp manufacturer, MSeafood, has not violated the US trade law.
The US Customs and Border Protection (CBP) has canceled anti-dumping duties on the Vietnamese Minh Phu Seafood Corporation’s frozen shrimp for export to the US.
|Local people are working at a factory of Minh Phu Seafood Corporation. Photo: VGP
The CBP under the Enforce and Protect Act (EAPA) concluded on October 13, 2020 that Minh Phu violated the US commercial law by using frozen warm water shrimp imported from India to avoid dumping tax. In addition, the company did not provide sufficient evidence as required to prove that it did not import India’s shrimps for transshipping to the US. Therefore, Minh Phu’s shrimp exported to the US will be subject to an anti-dumping tax of 10% after the CBP’s eight-month investigation.
However, according to Minh Phu, the CBP’s decision does not base on conclusive proofs. Therefore, the company filed an appeal against it.
Previously, the Vietnamese seafood group actively cooperated and invited the CBP to Vietnam for an investigation, which was not materialized, leading to its inaccurate conclusion on the company’s traceability system on imported and domestic raw material shrimps.
From late July 2019, Minh Phu has stopped importing shrimps from India, as the material source in the country is sufficient for its production and processing activities.
Currently, the company has effectively operated a high-tech shrimp farming model in two farming areas in Kien Giang province and Loc An Commune in Dat Do district in Ba Ria-Vung Tau province with 600 hectares and 300 hectares, respectively.
Besides, the company has established a network to connect and supply shrimps throughout the Mekong Delta region.
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