Home / Knowledge / News / Footwear sector awaits EU judgment on anti-dumping

Footwear sector awaits EU judgment on anti-dumping

09
Apr '08
A bulletin issued on March 26 by the EU entailed that the anti dumping taxes imposed on Chinese and Vietnam shoes enterprises would expire by October 7 this year.

Related enterprises in the region were asked to put forward their application, in favor or against the decision, three months before the due date.

Thereafter, the EU Committee would decide whether or not to prolong the anti-dumping taxes.

However, Italy has vehemently opposed the expiry of anti-dumping taxes and has applied to the committee for prolonging the charges.

On the other hand, Chinese enterprises who having been struggling hard to overcome this turbulent phase, is also looking forward to a favorable solution.

Situations have worsened for local footwear producing and exporting firms who are surrendering to closures under the rising pressure of RMB appreciation.

Dongguan Province, known for its popular shoe industries is witnessing a slow death of its once flourishing sector and if anti-dumping taxes are prolonged, China will have to prepare itself for a devastating end of its footwear industry.

Related news

Fibre2fashion News Desk - China


Interviews View All

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Top executives, Textile industry

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Abhishek Samdaria, Reflete

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Matthias Eilert,

Matthias Eilert

Germany-based Forbo Movement Systems division is a global leader in...

Luca Formentini,

Luca Formentini

From the very beginning, Loris Bellini's aim was to produce dyeing...

Erwin Devloo,

Erwin Devloo

Picanol develops, produces and markets high-tech weaving machines, based...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

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

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On

Follow Fibre2Fashion On


Advanced Search