CEC announces new anti-dumping measures for footwear exports
10 Jun '08
1 min read
The National Footwear Federation of European Union, Confederación Europea Del Calzado (CEC) announced on June 3 to start off with a new set of anti-dumping measures to curb leather shoes exports of Vietnam and China.
Rafael Calvo, President of CEC, asserted that this policy would mean enforcing new anti-dumping cases on these countries other than retaining the older ones which are due to get expired in October 2008.
In early this year, the organization had plans to extend the current charges and levy them for the next 3 years; however, the new anti-dumping measures will apply for a term of 5 years.
Enterprises from Italy, Spain and Portugal have given their full support to CEC in encouraging the European Commission (EC) to approve the file.
Experts believe that the new set of anti-dumping policy would definitely get the approval of the EC since the measure would certainly garner as much as 40 percent support from the shoe enterprises in EU.