Home / Knowledge / News / New EU commissioner to face trial by fire
New EU commissioner to face trial by fire
05
Oct '09
Ms Catherine Ashton
Ms Catherine Ashton
The new trade commissioner of the European Union, Ms Catherine Ashton faces a tough task in resolving the mixed verdict from the countries of the EU, to extend or terminate the anti-dumping duty imposed on footwear imported from China and Vietnam.

Her predecessor, Mr Peter Mandelson had slapped duties of 16.5 per cent on a variety of leather shoes from China, and 10 per cent on those from Vietnam in 2006, which was not completely accepted by a few countries of the EU.

Ms Ashton has also submitted a draft resolution favouring, extension of anti-dumping on imports of footwear from both the countries, which is expected to ignite a spark of bargaining between the stakeholders among the countries of the EU.

In the period, 2001-05, share of European manufacturers of the EU market slipped from a high of 65 percent to 40 percent, mainly due to the influx of cheap footwear from China and Vietnam, which are two major Asian manufacturing centres for footwear.

Experts aver that rather than increasing consumer prices of footwear which has increased by just €1.50 per pair of shoes, it has helped European manufacturers increase their market share in the domestic markets.

Advocates of free trade do not support renewal of the anti-dumping duty and say it will send a wrong signal since the European countries advocate free trade and invite accusations of harboring protectionist measures.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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:
June 2017

June 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