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ผู้เขียน หัวข้อ: Thailand Thai Union Benefit from Reduced Dumping Duties  (อ่าน 2072 ครั้ง)
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« เมื่อ: กันยายน 22, 2008, 01:37:32 PM »

 
Thai Union Frozen Products, one of the leading exporters of farmed shrimp in Thailand, is confident it can increase it sales to $2 billion in 2008—now that the USA government has reduced the dumping tariff on its shrimp exports to 2.85% from 5.95%.
 
According to Thai Union president Thiraphong Chansiri, the final ruling would make the company eligible to receive a tax refund worth $2.6 million from the excessive duties collected on its shrimp exports between February 2006 and January 2007.
 
Shrimp constitute 18-20% of Thai Union’s sales.  For the first six months of 2008, the company reported shrimp sales of $183 million, a 31% increase over the first six months of 2007.
 
Since the preliminary dumping tariff was announced, Thai Union has been working with its USA legal adviser, Akin Gump (a law firm that specializes in dumping cases), the Thai Department of Foreign Trade and the Thai Embassy in Washington to get the rate corrected, said Mr. Thiraphong.
 
Overall Thai shrimp exports are also expected to benefit from the ruling, possibly raising shipments to 400,000 tons in 2008 from 350,000 tons in 2007.
 
The country’s shrimp export value is expected to grow by at least 15% this year to $2.3 billion.
 
Information: Thai Union Frozen Products.
 
Source: The Bangkok Post.  Lower Tariff Gives TUF 2B sales goal.  Charoen Kittikanya.  September 2, 2008.
 
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