News

Responding to anti-dumping accusations in the US, the Ministry of Maritime Affairs and Fisheries in Indonesia opens access to shrimp exports to Arabia and China

Frozen Common Shrimp & Prawn
Seafood
Indonesia
Regulation & Compliances
Published Feb 5, 2024

Tridge summary

Indonesia's Ministry of Maritime Affairs and Fisheries (KKP) is exploring new markets for shrimp products beyond the US, in response to anti-dumping and countervailing duties. The ministry is registering fish processing units in Saudi Arabia, conducting virtual business matching with the Singapore Food Agency, and negotiating trade agreements with Tunisia and the Eurasian Economic Union. This would enable shrimp exports to Russia, Armenia, Belarus, Kazakhstan, and Kyrgystan. The KKP is also working to strengthen shrimp market access in China.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Reporter: Lailatul Anisah | Editor: Noverius Laoli KONTAN.CO.ID - JAKARTA. The Ministry of Maritime Affairs and Fisheries (KKP) has confirmed that it will open new market access outside the United States (US) to address the issue of anti-dumping and countervailing duties (CVD) for shrimp products. In order to open new markets, the Ministry of Maritime Affairs and Fisheries is currently carrying out the process of registering fish processing units (UPI) in Saudi Arabia for aquaculture-based fishery products. "It is hoped that in the not too distant future, market access for aquaculture products (shrimp) will be open in Saudi Arabia," said Spokesperson for the Minister of Maritime Affairs and Fisheries Wahyu Muryadi to Kontan.co.id, Sunday (4/2). Then in the near future, KKP and the Singapore Food Agency will explore virtual business matching sessions. According to Wahyu, this activity could be a platform to open wider market access for shrimp commodities in the ASEAN region. Apart ...
Source: Kontan
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