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With the majority of countries favouring termination of anti-dumping duties, the same could be withdrawn by the European Commission.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

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Lynda Kelly
Suominen Corporation

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Urs Stalder
Sanitized AG

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search