Freshly cooked Ecuador white prawns in butter and garlic.
Anthony Bower
The Ministry of Production, Foreign Trade, Investments, and Fisheries, along with the National Chamber of Aquaculture in Ecuador (CNA), has reported that U.S. legislation will not impose sanctions on shrimp exports for not reaching the minimum dumping threshold of 2%.
The U.S. Department of Commerce initiated an investigation on October 25, 2023, regarding the alleged use of subsidies and dumping on shrimp imports into the country. It has been concluded that the sanction percentages for the company Santa Priscila reach 0.48%, while SONGA and other companies face 0%.
The process involves investigating the main exporting companies. Subsequently, a value is assigned based on the average determined for the investigated companies.
Regarding the determination made concerning subsidies, 28 public policies implemented by Ecuador have been reviewed. Consequently, additional tariffs will be applied: 3.57% for Santa Priscila, 4.41% for SONGA, and 3.78% for other companies.
According to the Ministry, "This is a milestone in public-private cooperation for the defense of exports and job creation in Ecuador".
The Sustainable Shrimp Partnership (SSP) and the CNA launched in September SustainED, their new educational program for the sustainable development of Ecuador's shrimp industry.