Home / Knowledge / News / Footwear exports to bear anti-dumping taxes - EU
Footwear exports to bear anti-dumping taxes - EU
14
Apr '08
March 17 was the deciding day as to whether shoes exported from Macau to EU must bear the anti-dumping taxes or be given a clearance.

The result affirmed the imposition of anti-dumping taxes as EU member countries voted in favor of levying tax on Macau at the rate of 16.5 percent.

The decision came following a meticulous observation showing that from the time EU enforced anti-dumping taxes on China and Vietnam, the quantity of footwear exports from Macau increased by nearly four times its average supplies.

Post investigation reports only ascertained the doubt that China and Vietnam resorted to re-export of their footwear products via Macau.

EU member countries including France, Portugal, Spain, Greece, Italy, Rumania, Hungary, Germany, Slovenia, Bulgaria, Estonia and Poland ardently supported anti-dumping tax upon Macao.

Moreover, charges imposed on China and Vietnam is to expire on October 7 this year, and the shoes industry of EU is bound to urge the investigating Committee to make a thorough inspection before allowing goods to enter the region.

Infact, the chances are that the EU Committee will be pressed to prolong the existing measure for safeguarding the regional industry from the adverse effects of excessive imports.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search