DOC issues conclusion on anti-subsidy probe into Vietnamese shrimp

VOV.VN - The US Department of Commerce (DOC) recently issued a preliminary conclusion on the anti-subsidy investigation into frozen warm water shrimp originating from Vietnam, according to details given by the Trade Remedies Authority of Vietnam.

The case was initiated on November 14, 2023, and investigated by the DOC at the request of the American Shrimp Processors Association with the investigation period from January 1, 2022, to December 31, 2022.

Accordingly, the DOC has determined a preliminary anti-subsidy tax rate of 2.84% for a mandatory defendant enterprise and the remaining firms, as well as a rate of 196.41% for a single defendant business that has not got involved in the case.

Interested enterprises may also submit comments on the preliminary conclusion on the case no later than seven days after the date which the final examination report is issued.

Furthermore, related firms may also submit a written request to the DOC for a hearing within 30 days from the date the DOC issued the preliminary conclusion.

The DOC also plans to issue the final conclusion on the case no later than August 5. Following this, the US International Trade Commission will then issue a final finding on injury within 45 days from the date that the US DOC issues the final conclusion.

Vietnamese businesses are therefore advised to fully co-operate with the US DOC in the upcoming inspection, as well as expressing their opinions on the DOC's preliminary conclusions in the investigation.

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