News
US cuts duty barrier on shrimp import
13/09/2016
The reduction in anti-dumping duty by the US government on import of frozen shrimps from India is likely to boost exports, say exporters. “The final average duty is fixed at 2.2 per cent. The preliminary duty finalised earlier was 4.98 per cent. The reduction will open up opportunities for small exporters, too," said Ajay Dash, president, Seafood Exporters Association of India, Odisha region. Our association is trying for a review, to make it zero for exporters, Dash added.
Turkey’s dumping margins for Vietnam yarn described as irrational
09/09/2016
HCMC - Century Synthetic Fiber Corp (STK) has said the Turkish Ministry of Economy’s recent announcement of an anti-dumping duty of up to 72% on polyester draw textured yarn imports from Vietnam is unreasonable and Vietnam’s Ministry of Industry and Trade may file a case at the World Trade Organization (WTO).
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