News » EU Will Hit to Turkish Aquaculture Industry 15.01.2014

European Commission initiated anti-dumping and anti-subsidy investigation on rainbow trout originating in Turkey on the 15th of January, 2014 upon the petition of Danish Aquaculture Association.

Rainbow trout , whose name refers to the many rainbow-coloured spots on its skin, is the leading freshwater cultured species in Europe. Native to the Pacific coastal area in the United States, it was introduced into Europe at the end of the 19th century. Its hardiness and fast growth quickly proved particularly well adapted to aquaculture. Rainbow trout are farmed today in nearly all European countries, especially in coastal countries with a temperate climate.

The main producers of rainbow trout are Italy, France, Denmark, Spain and Germany in the European Union. Turkey is one of the leading exporters of rainbow trout in the world with Norway, Chile, Iran and USA. EU is the main export market of Turkish producers of rainbow trout. If the measure is imposed as a result of that investigation, the producers of rainbow troat will be adversely affected.

Non-conclusion of Fisheries Subsides Negotiations in the Doha Round also has a crucial impact in the initiation of the investigation and consideration of all subsides to aquaculture industry as specific and thus countervailable subsidies.    

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