Home / Knowledge / News / EU bloc majority favours duty removal on Vietnamese leather shoes
EU bloc majority favours duty removal on Vietnamese leather shoes
21
Jul '09
The Vietnamese footwear sector will sigh with relief on hearing the news of most countries of the European Union not in favour of extension of anti-dumping duties on imports of leather shoes from Vietnam.

The European Commission is expected to take a final decision in September on the same. The imposition of anti-dumping duties was extended last October at the rate of 10 percent on imports from Vietnam and 16.5 percent for those from China.

Most of the countries in the EU like Britain, Austria, Belgium, the Czech Republic, Cyprus, Denmark, Estonia, Finland, Germany, Ireland, Latvia, Luxembourg, Malta, the Netherlands and Sweden favour termination.

With the majority of countries favouring termination of anti-dumping duties, the same could be withdrawn by the European Commission. The countries not in favour are shoe producing countries like Spain, Portugal, Italy and France.

Since the beginning of 2009, the footwear sector in Vietnam is facing a period of acute crisis, with exports falling drastically in the first five months of the year and if this duty is scrapped, it could prove to be a blessing in disguise.

In 2008, the European Union imported US $2.5 billion worth of leather footwear and is the second biggest exporter to this region after China.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

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

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Giorgio Mantovani
Corman S.p.A

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

Lynda Kelly
Suominen Corporation

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Judy Frater
Somaiya Kala Vidya

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

Pranav Mishra
Huemn

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search