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Argentina imposes ADD on gloves from Bangladesh, India

27
Nov '19
Pic: Shutterstock
Pic: Shutterstock
Argentina this month imposed 56 per cent anti-dumping duty (ADD) on import of gloves from Bangladesh, China, Sri Lanka and Malaysia for six months, while for those from India, the rate is 35.06 per cent. Its ministry of production and labour imposed the duty on freight on board values of the product as it found ‘evidence of dumping’ in preliminary investigations.

Argentina will now conduct a final investigation into the allegations.

According to the Bangladesh Tariff Commission (BTC), Bangladesh’s export of gloves, mittens and mitts, knitted or crocheted, impregnated, coated or covered with plastics or rubber, to Argentina was worth $1,17,361in fiscal 2018-2019. In FY 2017-2018, such exports accounted for $151,284.

Bangladesh Tariff Commission officials fear other countries might follow Argentina, according to a Bangladeshi newspaper report.

The commission on October 7 informed the Bangladesh Garment Manufacturers and Exporters Association and Bangladesh Knitwear Manufacturers and Exporters Association about the issue and sought information required for future steps. None of the associations reportedly responded to the request.

Fibre2Fashion News Desk (DS)


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