November 21, 2014

WTO's ruling on shrimp anti-dumping lawsuit favours Vietnam

The World Trade Organisation (WTO) hasmade its final decision on Vietnam's lawsuit against the anti-dumping tax the US had imposed on Vietnamese shrimp, according to Vietnamnet.

The WTOconsidered 11 contents in Vietnam's claims and issued rulings on seven of them which are considered conducive to the Vietnamese side, particularlyin terms of administrative proceedings and dumping margins.

Under the US Department of Commerce's decision reached during its 8thperiod of review from February 1, 2012 to January 31, 2013, the country-wide level of tariff on imported frozen Vietnamese shrimp continued to standat 25.76%, the same level as the past seven review periods.

Last year, the Vietnamese permanent mission to the United Nations, the WTO and international organisations in Geneva had asked for the establishment of a panel on the casewhich was approved by the WTO's Dispute Settlement Body.