Home / Knowledge / News / Apparel/Garments / 'Anti-dumping duty on apparel affects China-Peru FTA'
'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

Must ReadView All

Textiles | On 30th Aug 2016

CAI predicts 2016-17 cotton output at 336 lakh bales

Cotton Association of India (CAI) has predicted that cotton...

Courtesy: Da Milano

Fashion | On 30th Aug 2016

‘Luxury market place expanding at accelerating pace’

The rise of emerging economies and the growing global middle class...

Textiles | On 30th Aug 2016

H. Stoll showing economical knitting solutions at ITMA Asia

German textile machinery producer H. Stoll AG & Co will present...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
August 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search