China has threatened the European Union with legal action after EU governments voted to renew punitive anti-dumping tariffs against imports of Chinese and Vietnamese footwear.
The value-added textile sector has demanded that the anti-dumping duty imposed on imports of polyester staple fibre be withdrawn with immediate effect and also restriction be put on exports of cotton yarn to ease the supply situation.
SAIL Chairman Sushil Kumar Roongta is known to keep his own counsel which he will share with the government. Only on rare occasions he will be using a public platform to air his views on steel related issues calling early resolution.
Dec. 22 (Bloomberg) -- The European Union extended tariffs on Chinese and Vietnamese shoes for 15 months in a bid to help southern EU producers compete against lower-cost footwear imported by companies such as Nike Inc., Puma AG and Adidas AG.
The European Footwear Alliance is deeply disappointed with the extension of the antidumping duties on footwear imports from China and Vietnam for a further 15 months as of January 2010.
The GRTU Chamber for Small and Medium Enterprises has called on the government to reconsider its position and to vote against an extension of EU anti-dumping duties on footwear.
Dec. 21, 2009 (China Knowledge) - Argentina’s Ministry of Industry and Tourism yesterday announced the beginning of an anti-dumping investigation on tires made in China, the Xinhua News Agency reported.
Even as the economy is showing signs of revival, industry's fears about dumping by other countries is on the rise, prompting the government to initiate as many as 20 fresh anti-dumping investigations since the beginning of current financial year, compared to 21 in all of 2008-09.
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