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'Anti-dumping duty on apparel affects China-Peru FTA'
08
Feb '14
The anti-dumping measures imposed by Peru on the imports of Chinese clothing are not reasonable, and both the countries are in talks to resolve the issues, as it would affect the free trade agreement (FTA) between Peru and China, said political counselor of the Chinese Embassy in Peru, Chen Luning.
 
Mr. Luning said that the imposition of anti-dumping measures by the National Institute of Defense of Competition and Intellectual Property Protection (INDECOPI), affects the rules set by the FTA, reports gestion.pe.
 
Under the FTA, the rules for trade have already been agreed upon by the two countries, but unfortunately the INDECOPI decision does not go with the bilateral agreement, and hence there is an impairment of the FTA between Peru and China, he added.
 
Mr. Luning explained that the Chinese Government is currently in talks with the Peruvian authorities, especially the representatives of textiles sector, INDECOPI and Peruvian government officials, to reach an agreement that benefits both sides.
 
Last December, INDECOPI decided to impose anti-dumping duties on five types of clothing—polos, shirts, pants and shorts, innerwear and socks—imported from China, in order to neutralize the damage cause to the Peruvian domestic apparel industry.
 
The duties imposed on polos, shirts, innerwear and socks are between US$ 0.14 and US$ 1.00 per garment, while the duties on imports of pants and shorts are equivalent to US $ 3.73 per garment. 
 
These duties would be applicable to Chinese clothing which are imported at less than or equal to US$ 6.73 for shirts, US$ 15.98 for trousers and shorts, US$ 4.33 for polos, US$ 1.59 for innerwear and US$ 1.24 for socks. These criteria would ensure that the anti-dumping measures will have minimal impact on final prices to consumers.
 

Fibre2fashion News Desk - India


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