India has suffered a loss of $500 million in the last five years on account of the U.S. ban on its export of wild-caught shrimps.
This was one of the findings of a report of conservation and trade policies on marine mammals and turtles. The U.S.’ ban on shrimp from India was based on its law “that prohibits the import of wild-caught shrimp” from commercial fisheries, negatively impacting sea turtles. “Sea turtles are incidentally caught along with fishes in fishing gears,” the report pointed out.
