Sign up | Log in



 3 Apr 2009

US ends bond requirement on Thai, Indian shrimp

The United States has stopped requiring special bonds on shrimp imports following a World Trade Organization ruling, but is looking at other ways to collect duties on the shipments, Reuters quoted a US shrimp fishery group as saying Thursday.

US Customs and Border Protection notified the industry on Wednesday that it would end its "enhanced bonding requirement" for cheap shrimp imports that the WTO ruled against last year after complaints from Thailand and India.

"We encourage CBP to implement new measures to collect duties owed on unfairly traded shrimp imports as soon as possible," said John Williams, executive director of the Southern Shrimp Alliance, a group that represents the US warmwater wild shrimp fishery from key southern states.

US Customs began requiring India and Thailand to post bonds to cover full anti-dumping duties on imports of shrimp in 2004 after it found many importers failed to pay up once the fish was in the country.

But the WTO ruled the measure violated trade rules.

In a federal notice published on Wednesday, US Customs said it continues to explore options to address the issue.

"CBP is not abandoning its duty to protect revenue or its requirement of sufficient security," the agency said.

The case affected Thai seafood exporters such as Thai Union Frozen Products, Charoen Pokphand Foods and Seafresh Industry.

It was also of interest to Indian companies including Avanti Feeds, Uniroyal Marine Exports, Waterbase and unlisted exporters Devi Seafoods and Falcon Marine Exports.

In 2008, the United States imported 182,370 tonnes of shrimp from Thailand -- its largest supplier -- worth $1.28 billion, according to US National Marine Fisheries Service statistics.

Total US imports that year were 564 million tonnes worth $4.093 billion.




Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited

submit your comment in the box below 





1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand