RI to ban shrimp imports

RI to ban shrimp imports

JAKARTA: Indonesian will soon ban imports of shrimp from six countries accused by the United States of practicing dumping, the minister of maritime affairs and fisheries said on Wednesday.

The U.S. administration this month launched an investigation into suspected dumping of shrimp by Brazil, China, Ecuador, India, Thailand and Vietnam.

"We hope that the (Indonesian) ban will rejuvenate the shrimping business which has been in the doldrums," minister Rokhmin Dahuri was quoted by the state Antara news agency as saying.

Dahuri said he was hopeful the ban would be issued by the trade ministry next week.

With the investigation against the six nations, Indonesia could increase its shrimp exports to the U.S., he said.

Dumping means selling goods overseas for less than the cost of production or less than the price in the home market. -- AFP