Business Standard

Monday, December 23, 2024 | 05:34 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

After anti-dumping duty, US hits shrimp exporters with non-tariff barrier

Shrimps included in Seafood Import Monitoring Program, which tracks imported seafood in order to thwart dubious fishing activity

Shrimp
Premium

Nirmalya Behera Bhubaneswar
In order to discourage imports to the US, the Donald Trump administration has imposed a non-tariff barrier by including shrimps in the Seafood Import Monitoring Program (SIMP) which may hurt exports from India. The US is the largest market for USD five billion Indian seafood sector.
Earlier US imposed anti-dumping duty. Although this duty on India was not high, India was exporting shrimp to US via Vietnam which was facing steel hike in anti-dumping from India. Even EU had said that India should monitor primary production of shrimp before exporting to EU.
SIMP requires traceability information on imported seafood from point of

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in