On March 20, 16 Vietnamese enterprises and companies that may be affected by anti-dumping law of the US, along with Vietnam Association of Seafood Exporters and Producers (VASEP), announced that they are preparing to sue the U.S. Department of Commerce (DOC) at the International Trade Court.
Previously, VASEP said it opposed anti-dumping tax imposed by the US on frozen tra and basa fish fillets imported from Vietnam.
|Processing tra fish for export in a factory|
Following DOC's final decision to implement the anti-dumping tax for the period August 1, 2010 until July 31, 2011, Vietnamese tra exporters will have to pay much higher duties from at least US$0.19 to $0.77-3.87 per kilo.
Vinh Hoan Co, which had the highest export turnover to the US and previously enjoyed a tax exemption, has been levied $0.19 per kilo.
VASEP said it was very dissatisfied with the sudden move of DOC to replace Bangladesh, the country which shares many similarities with Vietnam in breeding standards and input costs, and choose Indonesia as the sole benchmark country to calculate the anti-dumping rate.
The association also urged DOC to use Bangladesh as the benchmark for Vietnamese products again as it had done for eight consecutive years. In previous examination stages, the DOC even repeatedly objected to choosing Indonesia as this nation lacked adequate price and finance data.
The association said together with domestic tra and basa enterprises, it would continue to carry out necessary measures to protect the tra and basa industry through legal means and ask DOC to correct its decision in accordance with US laws as well as WTO agreement.