Shrimp dumping case

Preview:

DESCRIPTION

Review of "The indian Shrimp industry organizes to fight the Threat of Anti Dumping action" by B.Bhattarcharyya

Citation preview

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?

Recommended