Friday, 19/06/2009 13:40

US maintains antidumping tax on Vietnamese fish fillets

The US International Trade Commission sustained existing antidumping duties on frozen fish fillets from Vietnam for another five years Tuesday.

Revoking the duty order would likely lead to a continuation or recurrence of material injury within a reasonably foreseeable time, the commission said. It said all six commissioners voted in the affirmative.

The commission’s action comes under the five-year or sunset review process required by the Uruguay Round Agreements Act.

The act requires the US Department of Commerce to review an antidumping or countervailing duty order, or terminate a suspension agreement, after five years.

The Commission generally does not hold a hearing or conduct further investigative activities in expedited reviews.

In February, the department also decided to maintain the antidumping duty on imports of tra and basa catfish products from Vietnam for five more years.

The US government initiated the measure in 2003, but US imports of the pangasius grew US$77 million last year from $55.7 million in 2007.

It also banned Vietnamese tra and basa fish from being labeled catfish in the US market.

 Minh Quang

thanhnien

Other News

>   Vietnam Airlines buys two more propeller planes (19/06/2009)

>   Vietnam bucks the trend by boosting exports to US (19/06/2009)

>   Wooden product exports slow in first half of 2009 (19/06/2009)

>   Vietnam H1 exports fall 10% to $27.57 billion (19/06/2009)

>   Gazprom Vietnam JV starts exploration drilling (19/06/2009)

>   VN hosts Asia Pacific meet after success of auditing firm. (19/06/2009)

>   Investment needed for coffee processing (19/06/2009)

>   City set for property boom, say analysts (19/06/2009)

>   CPA Australia supports corporate governance in Vietnam (19/06/2009)

>   Lao Deputy PM calls for higher Vietnam-Laos trade (19/06/2009)

Online Services
iDragon
Place Order

Là giải pháp giao dịch chứng khoán với nhiều tính năng ưu việt và tinh xảo trên nền công nghệ kỹ thuật cao; giao diện thân thiện, dễ sử dụng trên các thiết bị có kết nối Internet...
User manual
Updated version