EU to approve anti-dumping investigation for Chinese shoes

16 Jun '05

2 min read

EU's trade Commissioner, Peter Mandelson agreed to launch a dumping investigation for Chinese "safety shoes" on after industry players urged to take action on a triple-digit hike in footwear imports from China since the beginning of current year.

The proposed investigation into whether Chinese exports of reinforced shoes are being "dumped" on the EU market under manufacturing cost will last atleast for nine months and could result to impose of restriction.

Footwear industry players met Mandelson on Wednesday, appealing to impose emergency anti-dumping duties on Chinese shoe shipments to EU markets, which have surge the markets since the ending of quotas.

The EU's executive informed that it has been witnessed of the year-on-year increase of 681 per cent in imports of particularly six categories of Chinese footwear in the first four months of current year.

Rossano Soldini, chairman of the Italian Footwear Association urged EU to pay attention to the arguments of the footwear industry that is in dilemma throughout EU due to the attack of Chinese products.

The focus on cheap Chinese exports of shoes and slippers is imitation of the action of curbing the Chinese textile and garment import by the US and the EU.

The surge in the shipments of textiles and garments besides footwear to the US and the EU markets was due to the abolition of a decades-old global quotas system on January 1, 2005.
Mandelson clinched a deal with China just last week to limit increases in 10 categories of Chinese textile exports to between 8.5 and 12 percent a year until 2007.
a just last week to limit increases in 10 categories of Chinese textile exports to between 8.5 and 12 percent a year until 2007.

The EU executive, who holds trade policy on behalf of the 25 member states, could impose provisional duties within 60 days after the end of the investigation, an official said.
Madelson informed the rise of China and India should not be mean to adopt protectionism policy but its a time to reorganize for competitive market trend.

More Textiles News - China...