Friday, May 21, 2010
Mexican Shrimp Imports - Change of Plans?
In a twist of fate, on May 12 the Deepwater Horizon rig (British Petroleum) exploded, leading to one of the biggest oil spills in history. Scientists say that the leak could be as large as 95,000 barrels of oil a day.
Mexico is now considering taking its case to the World Trade Organization in order to begin exporting Mexican shrimp into US territory once again. Mexico argues that they do have the proper methods in place and strongly defend their shrimping practices.
It is still too early to tell the effects of the BP Oil Spill, but shrimp farmers in Mississippi and Louisiana are already preparing for the worst and the first round of lawsuits are being filed. Will the United States change its stance because of recent events? We can only wait and see...but if there was a shrimp shortage in the United States before the oil spill ocurred, things will only get much worse if the Mexican shrimp ban continues.