The resolution urges the President of the United States to reconsider a confidentiality agreement signed with Ecuador that promotes the growth of aquaculture exports, particularly shrimp, from Ecuador to the U.S. The agreement, established on August 18, 2022, aims to facilitate the exchange of confidential information to ensure the safety of shrimp imports. Ecuador has become a significant exporter of shrimp to the U.S., with reports indicating that it exported approximately 441 million pounds in 2022, making it the second-largest source of shrimp imports after India.
The resolution highlights concerns regarding the impact of this agreement on local industries, particularly in Louisiana, where shrimp is the most valuable fishery. It notes a decline in the average dockside value of Louisiana shrimp and emphasizes that increased foreign competition is adversely affecting local markets. The resolution calls for action to protect local shrimp industries from what is perceived as unfair competition due to the influx of Ecuadorian shrimp into the U.S. market. A copy of the resolution will be sent to the White House and relevant congressional leaders.