Brazil to Appeal Shrimp Surcharges After US Election

American fishermen filed a suit with the United States Department of Commerce against six of the world’s largest shrimp producers, who are accused of practicing dumping, that is, selling the product for less than it costs.

In August, American specialists visited three Brazilian companies: Sida, Norte Pesca, and Netuno.

In their preliminary report, the specialists specified the surcharge rates for shrimp sold by these companies to be allowed to enter the United States. The final decision on this matter will only be made in December.


The Brazilian companies, however, have already appealed to the United States Department of Commerce to revise the calculations and to exclude Norte Pesca, which had the highest surcharge rate, from the suit.

According to Brazilian Minister José Fritsch, of the Special Secretariat of Aquiculture and Fishing, the Brazilian government backs the Brazilian company owners and, if the decision is upheld, will appeal to the World Trade Organization (WTO).


“Brazil does not provide subsidies to shrimp producers, but our shrimp are cheap, because they are bred in captivity,” Fritsch informed.

For Minister Fritsch, waiting for the campaign season to end in the United States might be the way to go about seeking a revision or cancellation of the surcharges.


The antidumping suit currently proposes the preliminary application of a 23.66% surcharge on Brazilian shrimp.


“In the heat of the presidential race, this kind of effort would have little impact. After the election, however, it may be possible to reverse the decision,” Fritsch speculated.

Agência Brasil
Reporter: Rosamélia de Abreu
Translator: David Silberstein

Tags:

Ads

You May Also Like

Brazil Buys Half of All Rice Exported by Argentina

Argentina in the first ten months of 2006 exported 376.000 tons of rice valued ...

Brazil Earmarks US$ 1.8 Million for Stem Cell Research

Following the approval of the Biosecurity Law last week, the Brazilian government announced that ...

With 50,000 New Cases a Year, Brazil Has Long Way to Eradicate Leprosy

The II South-Southeast Macroregional Encounter to Evaluate the Elimination of Hansen’s disease  is being ...

LETTERS

The partnership between Caetano and Gil is one of the most fertile and lasting ...

Dialogue Is Dead, Say Brazilian Indians

Sluggish, aligned with contrary interests, and marked by inaction. These were some of the ...

Brazil’s PPS Vows There Will Be No Deals for Congressmen Found Guilty of Corruption

The National Executive Committee of the Brazilian PPS (Popular Socialist Party) decided, to file ...

Brazil’s Lí­der Gets Six Sikorsky Choppers

The Export-Import Bank of the United States (Ex-Im Bank) has approved approximately US$ 41 ...

Brazil’s Role in a Soon-to-be Ethanol Market of 28 Bi Gallons a Year

The world ethanol market is projected to reach 27.7 billion gallons by the year ...

Brazil’s Auto Parts Industry Exports Grow 18% to US$ 7 Billion

Brazil's auto parts exports from January to August generated US$ 6.95 billion, a growth ...

Brazil Finds Out Women Do Not Cost More to Employers

The greatest gift to women on this International Women’s Day would be equality in ...