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VN urges US to issue fair ruling

Aug 24th at 16:33
24-08-2013 16:33:29+07:00

VN urges US to issue fair ruling

Viet Nam expects the US International Trade Commission (ITC) to make an objective and fair decision over frozen warm-water shrimp imported from the Southeast Asian nation.

"The ITC's decision should be in line with the spirit of free and fair trade as well as growing economic and trade ties between the two countries," Foreign Ministry spokesman Luong Thanh Nghi said.

He made the statement at a press briefing in Ha Noi on Thursday in response to queries about Viet Nam's stance on the US Department of Commerce's final decision to impose counter prevailing duties on its frozen shrimp imports.

"Over the past many years, Viet Nam's shrimp industry has operated in line with market mechanisms without enjoying any Government subsidy," he noted. The Viet Nam Association of Seafood Exporters and Producers (VASEP) earlier voiced its objection to the US' decision issued on August 12, under which Vietnamese frozen shrimp entering the country is subject to a 7.9 percent anti-subsidy duty.

The decision will take effect when it gets approval from the ITC. Ballots will be cast on September 19.

vietnamnews

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