Indonesian Political, Business & Finance News

RI to ban shrimp imports

| Source: AFP

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

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