Thailand braces for US probe into shrimp dumping allegations

The US government's investigation into allegations of Thai shrimp dumping is scheduled to start at the end of this month, and is expected to end by January next year.

According to Thai Commerce Minister Watana Muangsuk, Thailand has been under investigation by the US government since January this year, along with China, Viet Nam, India, Brazil and Ecuador.

US investigators are scheduled to visit Thailand and inspect each Thai Shrimp exporter to gather information by the end of October. However, the preliminary rate of anti-dumping tax is due to be announced on July 28.

The Thai government has been working closely with Thai exporters to prepare documents supporting the Thai exporters and showing they did not violate US anti-dumping laws. The value of shrimp exports of Thailand in the first five months of this year has fallen by nearly 20% compared to the same period last year. This is the equivalent of more than 22 billion baht.

The Thai Department of Export Promotion and representatives of the private sector are working together to increase shrimp exports to high-potential markets including Canada, the Republic of Korea and Singapore, to compensate for losses from the US market, as a result of the investigation.-Enditem

 
Source:Vietnam News Agency