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After favourable WTO verdict, US told to return shrimp money by Amiti Sen

India has asked the US to return shrimp exporters’ money locked up in Customs bonds. The US had imposed anti-dumping duty of 10.17% on Indian shrimps in 2005 and also asked local importers to provide enhanced Customs bonds worth the duty for past 12-month imports. When the US shrimp importers refused to furnish these bonds, India’s exporters had to shoulder the cost to keep shipments going. Following a successful complaint by...

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