Vietnam Hails Shrimp Tariff Reduction
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Vietnam seafood exporters and producers on Wednesday hailed a US decision to reduce tariffs on the communist country&#39;s shrimp exports, while neighboring China suffered a blow with steeper duties.
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The United States has set final anti-dumping duties of up to 112.81 percent on shrimp from China and up to 25.76 percent on those from Vietnam to offset unfair pricing, the Commerce Department said on Tuesday.
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Vietnam becomes Cuba's latest partner in oil exploration and drilling in the Gulf of Mexico under one of several agreements signed Friday during a visit by Vietnamese Communist Party chief Nong Duc Manh.
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The Commerce Department on Monday took another step in punishing businesses in four countries that it says are dumping shrimp in the US market, finalizing proposed duties on imports from Brazil, Ecuador, India and Thailand.
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The Bush administration Tuesday upheld a decision to impose penalty tariffs on shrimp imported from China and Vietnam, handing a victory to beleaguered US shrimp producers from Florida and other states.
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Further reductions in European Union farm subsidies would significantly boost global commerce, the World Trade Organization said Wednesday.
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The US Commerce Department Tuesday upheld tariffs on shrimp imports from China and Vietnam in an anti-dumping investigation requested by shrimp producers.
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Vietnam's National Assembly votes overwhelmingly in favour of joining the World Trade Organisation.
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HANOI, Vietnam -- Vietnam's legislature ratified the country's entry into the World Trade Organization on Tuesday, paving the way for the communist nation to become the global trade body's 150th member.
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Vietnam's prime minister hosted the country's highest-level online chat Friday, answering questions about everything from corruption to his personal life &#151; a clear break from old-style communism in the rapidly changing country.
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Vietnam approves plans to build a $33bn (Â£15bn) rail link between the capital, Hanoi, to Ho Chi Minh City in the south.
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The United States set final  anti-dumping duties of up to 112.81 percent on shrimp imported  from China and up to 25.76 percent on shrimp from Vietnam to  offset unfair pricing, the Commerce Department said on Tuesday.
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The United States yesterday announced anti-dumping duties on imports of Chinese shrimp as high as 113 per cent, a move that will hurt both US consumers and Chinese shrimp farmers, China Daily reported Thursday.
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Saving world trade talks and bolstering  global financial systems against fiscal crises were the focus  of finance ministers of the United States, China and other  Pacific Rim economies meeting in Vietnam on Thursday.
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The US Commerce Department set final anti-dumping duties ranging from 2.35 percent to nearly 68 percent on Monday on shrimp from Thailand, Brazil, Ecuador and India, industry officials said.
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Letter from Hanoi: The President will find a flourishing economy far removed from the trauma of war but seen as a threat by protectionist elements on Capitol Hill
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WASHINGTON  - The United States upheld a finding that Brazil, Ecuador, India and Thailand were dumping shrimp at unfair prices, inflaming a sizzling seafood row.