WTO ruling favours Viet Nam shrimp exports

08/09/2011 12:00 - 403 Views

HA NOI - The World Trade Organisation (WTO) dispute settlement body last Friday 2 Sept adopted a dispute panel report on anti-dumping measures imposed by the US against frozen freshwater shrimp from Viet Nam and the use of the controversial "zeroing" technique for calculating the extent of the alleged dumping.

The panel report, issued on 11 July after series of decisions by the WTO panels and appellate body, backed Viet Nam's claim the US's zeroing methodology in the use of administrative reviews of imports was inconsistent "as such" with the WTO's Anti-Dumping Agreement and 1994 General Agreement on Tariffs and Trade (GATT).

This was Viet Nam's key complaint since it had generated a large anti-dumping margin under this methodology, causing the US to levy anti-dumping tariffs on Viet Nam shrimp exports ranging from 4.13 per cent to 25.76 per cent.

Tuesday, September 06, 2011
Source: VNS