Case Study †Catfish Dispute

The Vietnamese siluriform fish importers are enjoying the fruits of our work, This was the main discontentedness of the domestic (US) catfish industry. Undoubtedly, the catfish farmers had put a lot of effort in improving the aquaculture technology to raise the catfish with better quality thus, raised the demand of domestic market. At the same time, they had invested about US$50 million in the industrys marketing. When catfish became the third popular seafood of the American, leading to a total consumption of 275 million kilograms in 2000, it necessarily attracted people to get in the market.However, based on the fact that the US Congress had approved the U. S. -Vietnam Bilateral Trade Agreement (BTA) with a reduction in tariff, it was the right for American importers to start the new business import Vietnamese catfish. The agreement was approved by the Congress due to the valuable reason the trade benefits. To capture these benefits, they had to undertake the possible risks . Indeed, it was a upright game played by two parties. From the article, it was clear that one of the sources of discontent from domestic farmers was the quality considerations difference between the American-grew and Vietnam-grew catfish.The quality of US catfish is justified by the inspection of 17 federal agencies and can take the standard of the Catfish Institute of America, whereas the Vietnamese catfish only have to pass the Food and Drug Administrations approval. This preferential normal should not sustain. The authority should consider standardize the quality requirement of both places catfish, for example, make it compulsory for Vietnamese catfish products to undergo the same inspections as the US catfish. Or at least, ask for proof of quality issued by Vietnamese government for all imported catfish.