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(January
6, 2004)
Joint
Press Release
On
December 31st, 2003, the Ad Hoc Shrimp Trade Action Committee on behalf
of the Southern Shrimp Alliance (SSA) filed an Anti-dumping (AD) petition
on shrimp imports from Brazil, China, Ecuador, India, Thailand, and Vietnam.
Under this circumstance the exporting countries would like to express their
grave and profound concern over the decision of certain U.S. shrimpers
to seek trade remedy measures against shrimp exporting countries.
It
is well known that the domestic shrimp production in the U.S. simply cannot
meet the overall domestic demand. Imported shrimp, in fact, accounts
for over 80% of the total domestic shrimp consumption. Moreover,
imported shrimp is also not the cause for the US shrimpers’ present predicament.
On the other hand, imported shrimp is the only cost efficient source catering
to the consumers’ needs. No legal action will change the fact that
farm-raised shrimp from exporting countries is more cost effective than
U.S. wild-harvested shrimp. The exporting countries are strongly concerned
that any trade defense action will only result in trade disruption and
could end up hurting the interests of American consumers who would have
to pay higher prices due to increased import duties. Moreover, the
imported shrimp has become an alternative “center of the plate” healthy
source of protein while remaining price competitive to other meat products.
This provides a tremendous benefit to the U.S. consumer.
Shrimp
imports have also benefited the US economy in other ways, having created
approximately 100,000 jobs in the domestic processing sector. It
has also brought about increased opportunities to retailers and restaurants
across the country by providing additional incomes estimated at more than
US$2 billion annually.
The
exporting countries strongly believe that more appropriate solutions
can be achieved through collaboration so that the American consumer will
be able to continue to enjoy the affordable products while also resolving
the domestic shrimp industry’s current economic situation.
Lastly,
we would like to emphasize our commitment to free trade, a principle that
we all share and cherish as the means for fostering global economic development.
This is particularly relevant in this case since most of the shrimp exporting
countries are developing countries. We, therefore, call upon respective
U.S. government agencies to give careful consideration to this especially
important issue.
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