US Court clears Thai shrimp industry of market-dumping

0
1163

BANGKOK, 26 April 2015  – The Office of Commercial Affairs of the Royal Thai Embassy in the US has reported that the United States Court of International Trade has acquitted Thailand of market dumping.

According to the Office of Commercial Affairs, the United States Court of International Trade has dismissed the appeal filed by the Coalition of Gulf Shrimp Industries (COGSI), accusing Thailand and six other shrimp-exporting countries of violating the anti dumping rules and demanded that further counter-dumping duties be levied on the accused.

According to the judges, the investigation into the charge of damage to the US shrimp industry found no linkage to the seven shrimp exporting countries. Vietnam, China, Ecuador, India, Malaysia and Indonesia are among the countries facing the same allegation.

The court’s ruling has saved Thailand, China, Vietnam, India, and Brazil from having to pay more countervailing duties. It will also enable Thailand to increase its shrimp export to the US.