shrimp dumping case
DESCRIPTION
Review of "The indian Shrimp industry organizes to fight the Threat of Anti Dumping action" by B.BhattarcharyyaTRANSCRIPT
The Indian Shrimp Industry Vs
Anti Dumping in US
By,J.ThanigaivelanSIMSR,Mumbai
Ignition
31,Dec 2003 – Ad Hoc Shrimp Trade Action Committee(ASTAC) files anti-dumping petition.SSA Behind the scene
21 Jan 2004 – US DOC initiates investigation, notifies ITC.
17Feb 2004 -ITC approves the initiation
28 Jul 2004 -Prelims – investigation & duties
Initiation
26 Feb 2002 – Reggie Dupre-allegation.
22 Oct 2002 – Genesis of Southern Shrimp Association (SSA) SSA serves as the national voice for the shrimp
fishermen and processors in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, and Texas.
Wally Stevens – President,ASDA-supports “Free & Fair Trade”-opposes AD by SSA.
Reactions’
Vietnam – We sell at MP.
Thailand – No AD. No damage.
Indonesia – Less than DP,baseless,Exclude.
India – Expecting Action.
Contentions in Petition
6 for74%
466Mn lbs(00) to 650Mn lbs(02)
IP 28%,$3.54 to $2.55
Gulf Shrimp $6.08 to $3.30
US – Most open/Last resort.
Indian Innings
Signal of inclusion in June 2003.
$255.93Mn (2000-01)to $299.05Mn(2002-03)
Shrimp a major contributor to Marine exports.
Year
Export Variation (%) U.V.
2002-03 Q 467297 +42827 +10.09
V 6881.31 +924.26 +15.52 147.26
$ 1424.90 +171.55 +13.69 3.05
2003-04 Q 412017 -55280 -11.83
V 6091.95 -789.36 -11.47 147.86
$ 1330.76 -94.14 -6.61 3.23
2004-05 Q 461329 49312 11.97
V 6646.69 554.74 9.11 144.08
$ 1478.48 147.71 11.10 3.20
2005-06 Q 512164 50835 11.02
V 7245.30 598.61 9.05 141.46
$ 1644.21 165.74 11.21 3.21
2006-07 Q 612641 100478 19.62
V 8363.53 1118.23 15.43 136.52 $ 1852.93 208.72 12.69 3.02
YEARWISE COMPOSITION INDIAN MARINE EXPORTS
The Marine Products Export Development Authority (MPEDA) was constituted in 1972 under the Marine Products Export Development Authority Act 1972 (No.13 of 1972). The role envisaged for the MPEDA under the statute is comprehensive - covering fisheries of all kinds, increasing exports, specifying standards, processing, marketing, extension and training in various aspects of the industry.
The plan schemes of the Authority are implemented under seven major heads:
Market Promotion Capture Fisheris Culture Fisheries Processing infrastructure & value addition Quality control Research and development Viability gap funding
Origin of MPEDA
PARTNERSHIP
September 2003 –Washington visit Garvey,Schubert and Barea – Ms.Lisbeth Levinson.
Vietnam Nailed – 44% to 63%(Jul 2003)
Loss of Market
Game Plan
Players – MPEDA,SEAI,Central Government, other countries.
Fight from Organization platform.
The Gear – Rs.70mn – 4:3
2nd Innings
Varieties.
Capital Intensive
Cultured & captured.
Mix up – Count & weight.
Result – ITC preliminary decision.
Contd..
80% consumption – Imports – 1Mn jobs.
Level?
US officials to visit –major Firms.
Internal Losses – Mounting heavily.
Outcome
•DSB favors India & Thailand.
•The bond was over & above the mandatory requirements for AD.
•India and Thailand appealed against the bond requirement at the WTO on April 17, 2008 and the US filed its counter appeal on April 29. Due to the similar subject matter of the two appealing countries, India and Thailand, both the appellate proceedings were consolidated and a single Appellate Body report was issued on July 16.
Learning's
Visits
Financial Resolution
Shift of Market
Suggestions
Diversify
Tab on Market share
Product differentiation & Mix
Indirect employment generation.
Form early alliances.
Ctrl +C & Ctrl +V
www.mpeda.com
www.globefish.org
www.sea-ex.com
Questions?