Temporary suspension of anti-dumping duties on textiles to LA
26 Feb '07
1 min read
Textile enterprises, which export products to Latin America (LA) have a reason to rejoice as recently Foreign Trade Department of Colombian Industry and Tourism Ministry has released its resolution and decided not to levy anti-dumping duties on certain textile products originating in China.
Foreign Trade and Economic Cooperation Bureau revealed that the decision has a bearing on boost in economy and population in Latin America, which result into continuous increase in demand for textile products.
Chinese textile companies should seize the opportunity of provisionally suspending anti-dumping tax, and expand the export to Latin American markets.