The average loss for each container of shipments to the EU due to the EC’s yellow card is 10,000 euros, according to a source.
The figure was included in a Vietnamese document about the fight against Illegal, Unreported and Unregulated (IUU) fishing, just released by the Vietnam Association of Seafood Exporters and Producers (VASEP) recently.
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| The average loss for each container of shipments to the EU due to the EC’s yellow card is 10,000 euros, according to a source . |
However, the highest risk of the policy is the high proportion of containers to be refused, which would cause heavy economic losses, according to the document.
Linh Ha
