Vietnam Takes Shrimp Dispute to WTO

Vietnam is planning to sue the US in the World Trade Organization over anti-dumping measures on imports of shrimp.  This is the first time Vietnam took a trade dispute to the global arbiter since it joined the WTO three years ago.

Vietnam sent a formal request to the US on Feb. 1 to discuss its imposition of anti-dumping measures on Vietnam’s frozen shrimp. Vietnam can ask the WTO to set up a committee to settle the dispute if the two countries cannot reach an agreement within 60 days.

The US Department of Commerce ruled in 2004 that Vietnam and China dumped frozen and canned shrimp on the US market.  As a result, Vietnam contends its shrimp exporters are suffering from tariffs ranging from 4% to 26%.

More on the US-VN dispute over srimp duties

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