Home / Knowledge / News / Textiles / INDECOPI suggests duties on Chinese garments & US cotton
INDECOPI suggests duties on Chinese garments & US cotton
14
Aug '13
The National Institute of Defense of Competition and Intellectual Property Protection (INDECOPI) in Peru has suggested imposition of antidumping measures on imports of China’s garments and 10 percent countervailing duty on the imports of US cotton fibre.
 
The research instigated in 2012, on imports of clothing from China at alleged lower prices, and subsidies provided by the US Government on the import of cotton, indicated that the domestic apparel manufacturers and cotton producers in Peru were adversely affected by the imports.
 
In a statement, INDECOPI said the investigations on imports of Chinese clothing and cotton fibre from the US were conducted respecting the legal framework of the World Trade Organization (WTO).
 
According to the statement, the investigation of both the imports of Chinese clothing and cotton fiber from the US were conducted in a technical manner with full responsibility and observing the applicable legal framework for resolving competition disputes.
 
Velaochaga Tessano Herbert, chairman of the INDECOPI Board, said both investigations were conducted through the Commission of Antidumping and Subsidies (CFD) to identify and eliminate market distortions prevailing in the country.
 
According to the statement, in case of Chinese garments, it was found that imports had increased significantly are adversely effecting the performance of domestic manufacturers, whereas in case of cotton fibre imports, monitoring activities were conducted on the subsidies provided by US.
 
However, the Association of Exporters (ADEX) in Peru and the National Society of Industries (SNI) are not in favour of implementing the countervailing duties, as suggested by INDECOPI on the import of US cotton fiber. 
 
According to ADEX, the surcharge of 10 percent, if imposed on the import of US cotton, would adversely affect Peruvian garment exports, as the garment prices would go up by an estimated 4 percent.
 
Meanwhile, Foreign Trade Society of Peru (ComexPeru) has also opposed imposing additional surcharges on the import of Chinese garments and US cotton, as it would affect the trade and tariff policy of the country.
 

Fibre2fashion News Desk - India


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Sunil Rathore
Lacoste India

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

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao
Nayaab

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

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 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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