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Europe: Anti-dumping taxes on footwear to continue

Europe: Anti-dumping taxes on footwear to continue

Write: Colon [2011-05-20]

The European Commission (EC) is proposing to extend anti-dumping duties on footwear imports from China and Vietnam for another 15 months.

According to an EC document, "the anti-dumping measures on leather footwear should be maintained", which has upset many retailers who have been hoping to eliminate all taxes by the end of the year.

However, the relevant EU trade committee is going to discussed this proposal before a final vote by all 27 member states in December.

If the taxes - 16.5% on Chinese and 10% on Vietnamese leather footwear imports respectively - are adopted, they will take effect from January 2010 and lapse at the end of March 2011.