Date:17/07/2007 URL: http://www.thehindubusinessline.com/2007/07/17/stories/2007071752051200.htm

Back Dumping levy effect

K.K. Mustafah

Drop in exports: A fisherman displaying his proud catch, a farmed shrimp in the backwaters at Alappuzha in Kerala. The anti-dumping duty imposed by the US on Indian shrimps, coupled with the requirement of customs bond, seriously affected the export of marine products during the 2006-07 fiscal. Shrimp exports dropped 23 per cent in dollar earnings compared with the previous financial year. –