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US tariffs on shrimp imports provides good opportunity for Iran

Tehran, July 13, IRNA -- A fisheries official said here Monday that US laws to levy tariffs on shrimp imports provides a suitable opportunity for Iranian exporters.

Managing Director of Union of Cooperatives for Shrimp Production and Exports Arsalan Qassemi told IRNA the US International Trade Commission (ITC) has been assigned the task of levying 115 percent tariffs on shrimp imports from Brazil, China, Ecuador, India, Thailand, and Vietnam.

The US has taken measures following "dumping" activities by the said countries, notably, China and Vietnam with the aim of supporting domestic shrimp producers.

He said the US was the largest market for Iranian shrimps exports before the victory of the Islamic revolution in 1979. Although the exports of shrimp was banned after the revolution for several years, but, after the US lifted the sanctions on food items and medicine in the past three ears, the exports of Iranian shrimps to the US have resumed, Qassemi underlined.

He said Iranian shrimp is of fine quality and has a good chance of gaining a foothold in the US market if its marketing is planned right.

"If import tariffs by the US are enforced, then China and Vietnam may divert their shrimp exports to EU's market where Iranian shrimps are offered at rock-bottom prices," Qassemi underlined.

Official estimates forecast the shrimp domestic output to rise by 70 to 80 percent to about 13,000 tons in the current Iranian year (started March 20) from 7,500 tons last year.

Managing Director of Iran Fisheries Organization said here in June that the value of fisheries exports stood at dlrs 74 million last year.

Lotfollah Saedi told reporters the figure was 21.4 percent higher than that for the same period in the previous year.

Exports of caviar topped dlrs 32.5 million, shrimp dlrs 30.573 million and other kinds of fish exports stood at dlrs 10.5 million in the period, he said.

Saedi added that the fisheries production was 444,000 tons last year which was 18 percent higher compared to the figure for the year before.

... Payvand News - 7/13/04 ... --

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