VN applauds EU anti-dumping committee’s decision

24/11/2009 12:00 - 518 Views

The Vietnamese Ministry of Industry and Trade has applauded the European Union anti-dumping committee’s recent rejection of an European Commission (EC) proposal to extend dumping duties on shoes imported from Vietnam and China.

On November 19, 15 EU member states opposed the plan to extend the duties for another 15 months while ten other members supported the Commission and two countries abstained.

The disapproval majority resulted in a sensible and rational decision as many associations, organisations, individuals and EU businesses, including those in the shoe industry, have objected to the duty extension.

The Vietnamese ministry asked the EC to respect the opinion of the majority of EU member countries and lift dumping duties on Vietnamese leather capper shoes exported to the EU as soon as possible.

In October 2008, the Commission, which oversees trade policy for the 27-member European Union, extended duties of up to 16.5 percent on imports of Chinese leather shoes and 10 percent on Vietnamese shoes.

VOVNews/VNA

Updated : 10:46 AM, 11/24/2009

Source: english.vovnews.vn
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