Home / Knowledge / News / Footwear duties will cost European industry more than 1 bn Euros
Footwear duties will cost European industry more than 1 bn Euros
05
Nov '09
The European Footwear Alliance (EFA) calls on EU Member States to put an end to unnecessary and harmful duties by voting down the European Commission's recommendation to extend anti-dumping duties on Chinese and Vietnamese footwear imports. In crafting its recommendation, the Commission completely ignored compelling evidence that an extension is legally indefensible and economically dangerous.

The Commission's recommendation comes less than 48 hours after EFA filed its 60-page response to the Commission's draft proposal; extensive filings by other interested parties were similarly made on Tuesday 3 November. In its haste to secure an extension of the duties, the Commission has ignored serious factual errors in its findings and abandoned any semblance of due process.

According to the Commission's own figures, European footwear companies are currently paying in excess of 16 million euros a month in anti-dumping duties. If the extension is approved, the total amount of duties paid by European businesses and consumers will add up to more than 1 billion euros.

The European footwear industry calls on EU Member States to put a stop to this disastrous initiative, which is the result of a deeply flawed and politically motivated process.

The Federation of the European Sporting Goods Industry


Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Giorgio Mantovani
Corman S.p.A

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Pranav Mishra
Huemn

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

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search