19 Countries in Brazil to Buy Her Shrimp

Entrepreneurs from 19 countries, including Spain, France, Italy, and England, are participating in the II National Shrimp Fair, which runs from yesterday February 22 through Friday, February 25, in the Natal Convention Center in the northeastern Brazilian state of Rio Grande do Norte.

Sixy Brazilian shrimp producers and exporters are attending the event.

Rio Grande do Norte is Brazil’s biggest shrimp producer, with an annual production of 37,000 tons. During the encounter the participants will discuss commercial partnerships, technology transfer, and investment agreements.

Last year 80% of Brazilian shrimp sold abroad went to the European market.

According to the president of the Brazilian Association of Shrimp Breeders, Itamar Rocha, the shift in shrimp sales in the direction of Europe was the result of a suit by the Southern US Fishermen’s Association accusing Brazil and five other countries of selling shrimp at less than what it cost to produce them (dumping) and alleging that this was harmful to fishing activities in the United States.

Due to this suit, a 23.6% surcharge was initially levied on imports of Brazilian shrimp. In July, 2004, the surcharge was lowered to its current 7.05% rate.

This surcharge caused the US share of Brazil’s shrimp exports to fall from 35.2% in 2003 to 16.57% last year. The drop was from 21.2 thousand tons to 9 thousand.

Translation: David Silberstein
Agência Brasil



You May Also Like

UN force in Haiti

Why Brazil Must Remain in Haiti

With the tragic death of Brazilian General Urano Teixeira da Matta Bacellar, commanding officer ...

Sales Jump 1.5% in Brazil. Clothes Up, Books Down

Compared with the previous month, retail trade sales grew 1.8% in March, in Brazil, ...

Brazilian kids in school

Brazil’s School Stipend Has Become a Vote-Buying Scheme

For a long time now Brazil has paid for scholarships so that university graduates ...

England Wants to Partner with Brazil to Make Ethanol in Africa

European governments are interested in financing the production of ethanol with Brazilian technology in ...

Obama Woos 30,000 Americans Living in Brazil to Win White House

The US presidential campaign will also be fought in Brazil and Latin America. Democrat ...

Brazil: ‘Domestic Market Should Not Harm Exports’

Development, Industry, and Foreign Trade minister Luiz Fernando Furlan stated yesterday, at the opening ...

With an Eye on Tourism Brazil Fights Crime

The president of the Brazilian Tourism Agency (Embratur), Eduardo Sanovicz, said that various measures ...

Kidnappers Release Brazilian Reporter

Globo, Brazil’s leading TV network, interrupted its regular programming early this morning to announce ...

Brazil Strikes Gas and Oil Once Again in Deep Sea

State-controlled oil multinational Petrobras confirmed this week the discovery of new natural gas reservoirs ...

The Beast in on the Loose in Brazil’s Backlands

The beast was bored. The very-strong sun was hitting his head and leaving him ...