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On December 18, 2020, the European Commission published a Regulation eliminating EU customs duties for fresh and frozen lobsters from August 1, 2020 to July 31, 2025.
Update on Kuwait bans on U.S. food products.
U.S. exports of fish and seafood reached a record $5.3 billion in FY 2014. Recent growth in U.S. exports has primarily been due to increased volume rather than higher prices.