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EU set to drop trade measures against Norwegian salmon 12 May, 2008 -
According to Reuters, "people familiar with the decision" said on Friday that trade officials have recommended the measures be dropped. The EU imposed minimum import prices on Norwegian salmon in 2006 after nearly a decade of wrangling, saying the fish was being sold at unfairly low prices and damaging fish farms in Scotland and Ireland. Norway denied its exporters were breaking trade rules and took the case to the World Trade Organisation. After an internal review of the measures, trade officials at the EU's executive European Commission have recommended to EU member states that the minimum prices be eliminated, the people "familiar" with the situation reportedly said. "It looks like the case is going to be closed," a source said. The Commission's recommendation will be discussed by trade experts from EU governments this month and is almost certain to be approved, the people familiar with the case said. The WTO found last year that the EU was at fault on several points in its handling of the salmon dumping case, although Brussels as well as Oslo claimed victory from the ruling. The 27-nation EU is Norway's biggest export market for seafood, the country's third-biggest export earner. www.fishfarmer-magazine.com is published by Special Publications. Special Publications also publishes FISHupdate.com, FISHupdate magazine, Fish Farmer, the Fish Industry Yearbook, the Scottish Seafood Processors Federation Diary, the Fish Farmer Handbook and a range of wallplanners.
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