Jul 06 2004

SHELBY ANNOUNCES TRADE PROTECTIONS BENEFITING ALABAMA SHRIMP INDUSTRY

U.S. Senator Richard C. Shelby (R-AL) announced today that the Department of Commerce has made a preliminary decision to impose antidumping duties on imported Chinese and Vietnamese shrimp.

Specifically, the Department preliminarily determined that Chinese and Vietnamese producers/exporters violated U.S. trade laws by selling frozen and canned warm water shrimp in U.S. markets for less than fair value, with margins ranging from 7.6% to 112.81%. This past January, Senator Shelby wrote a letter to Commerce Secretary Donald Evans urging the Department to grant appropriate relief to Alabama’s struggling shrimp industry.

Senator Shelby said, “Alabama’s shrimp industry has endured enormous difficulties due to the influx of low-cost imported shrimp. Today’s determination is an important first step toward giving our shrimpers the relief they need.”

The Department of Commerce will make its final determination in late November. If an affirmative determination is made, the U.S. International Trade Commission will then make its final injury determination in January, 2005.