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China requests for early solution on footwear dispute
12
Apr '10
Calling for regular commencement of leather shoes trade with the European Union (EU), China's Ministry of Commerce, on April 9, re-called its strong stand for safeguarding the legitimate rights and interests of domestic shoe-makers.

After the failure of several rounds of dialogues, China hoped that, the EU side will take genuine efforts towards resolving their concerns and disputes regarding the imposition of anti-dumping duties on imports of footwear. These comments were in reply to China's recent attempt to deal with the shoe trade issue.

Urging for a governing body to study their complaint filed in February and to give a decision on their case, China sent a letter to the Dispute Settlement Body (DSB) of the World Trade Organisation (WTO).

According to an official, implementation of anti-dumping duties, of about 16.5 percent, against Chinese leather, was initiated by EU in October 2006 and it also allowed a 15-month extension in December 2009.

However, EU's anti-dumping survey and judgments lacked justice and lucidity that violated WTO regulations. As per data received from the ministry, in 2009 alone, EU had levied seven new anti-dumping investigations against China.

Adding further, the official said that, EU had 14-years of experience in trade protection for its shoe industry and that extensive duties, instead of being advantageous for its shoe-makers will in a way, will hurt the interests of the European consumers.

Fibre2Fashion News Desk - India

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