It was previously ruled by the WTO’s Appellate Body that the US’ original program violated international trade rules by unfairly discriminating against Mexican tuna products. Washington, therefore, announced last July that it would make revisions to its labelling scheme. US officials at the time said that the changes would meet WTO requirements of “evenhandedness” and would strengthen the program.
Eric Bradner, a reporter for POLITICO, a political news website says: “The WTO sided with Mexico in a 2012 ruling that ordered the United States to overhaul its dolphin-safe labelling rules. However, last July, the National Oceanic and Atmospheric Administration (NOAA) responded by announcing rules that require captains of all tuna fishing vessels, not just Mexico’s, to certify that their hauls resulted in no dolphin deaths or serious injuries. It was a creative solution: rather than give Mexico the looser rules it wanted, the United States tightened the policy for everyone else.
“But the move infuriated Mexico, which for two decades has argued that the US labelling scheme is plagued with problems, and that the United States should ditch its current system and replace it with an international pact the countries signed two decades ago, which would impose regulations based on results rather than specific fishing practices.”
This is now Mexico’s second request for a compliance panel, having filed a previous one in November that was blocked. The panel will be formed by the same set of experts that reviewed the original cases. If it is found that the US has not complied with the WTO’s ruling, countermeasures may be authorized by the Dispute Settlement Body.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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