Eu Set to Extend Dumping Duties on Asian Shoes
BRUSSELS, Sept 8 (Reuters) - European union anti-dumping duties on shoes from China and Vietnam are set to be extended into 2009 or longer, rather than expire in October as originally scheduled, people familiar with the situation said on Monday.
In a controversial case in 2006, the leather shoe duties were introduced for two years, despite opposition from the Asian countries, some EU governments and leading international footwear companies that make shoes in China and Vietnam.
The European Commission now plans to review whether the duties should be introduced for a second period or dropped after Italian shoemakers earlier this year formally asked for them to be renewed, people familiar with the case said.
A review may last as long as 15 months, during which time the duties remain in place.
The duties stand at 16.5 percent for leather shoes from China and 10 percent for Vietnam.
Normally, EU anti-dumping dissent last five years but the shoes case created so much controversy, with EU countries split down the middle on whether they were justified or merely protectionist, that a two-year compromise was approved instead.
Critics of the decision said at the time that the possibility of an expiry review meant the duties were likely to be in place for more than three years.
Trade experts from EU member states are due to discuss the Commission's plan for a review on Sept. 17 but have no power to block it, the people familiar with the case said. (Reporting by William Schomberg; Editing by Matthew Jones)
BRUSSELS, Sept 8 (Reuters) - European union anti-dumping duties on shoes from China and Vietnam are set to be extended into 2009 or longer, rather than expire in October as originally scheduled, people familiar with the situation said on Monday.
In a controversial case in 2006, the leather shoe duties were introduced for two years, despite opposition from the Asian countries, some EU governments and leading international footwear companies that make shoes in China and Vietnam.
The European Commission now plans to review whether the duties should be introduced for a second period or dropped after Italian shoemakers earlier this year formally asked for them to be renewed, people familiar with the case said.
A review may last as long as 15 months, during which time the duties remain in place.
The duties stand at 16.5 percent for leather shoes from China and 10 percent for Vietnam.
Normally, EU anti-dumping dissent last five years but the shoes case created so much controversy, with EU countries split down the middle on whether they were justified or merely protectionist, that a two-year compromise was approved instead.
Critics of the decision said at the time that the possibility of an expiry review meant the duties were likely to be in place for more than three years.
Trade experts from EU member states are due to discuss the Commission's plan for a review on Sept. 17 but have no power to block it, the people familiar with the case said. (Reporting by William Schomberg; Editing by Matthew Jones)
for more information, please visit www.ishoesclub.com
Related Tags: dumping duties
DO BEST:www.ishoesclub.com
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Web Traffic Articles - Where Do I Submit Articles?
When it comes to article marketing, the questions I see the most revolves around submitting articles - Free Web Resources Articles - PPC Marketing Great Tips
Google Pay Per click Marketing HelpIf you are struggling with a Pay Per Click (PPC) campaign, no mat - Free Web Resources Articles - My Overview on Ottawa Restaurants
After years of waning sales and diminished foot traffic, family dining is on the brink of a resurgen - Free Web Resources Articles - Ottawa Restaurants - My Overview
After years of waning sales and diminished foot traffic, family dining is on the brink of a resurgen - Find Singles Online at Total Free Internet Dating Websites
Finding a long-term compatible relationship is only at free online dating services. You know e - Some of the are Righteous and Some are Wicked
Many people do not know Allah. This series (1-78) is an attempt to help them to know their Creator. - EBooks, Sensation of the woman
VERY LITTLE REMAINS WOMEN. THERE WERE SEXUALLY FOCUSED INDIVIDUALS - SEXIN`S. FOCUSED ON CARE - Why Had Allah Commanded the Israelites to Prostrate?
Many people do not know Allah. This series (1-75) is an attempt to help them to know their Creator. - How Come That Hezekiah of the Bible is Ezekias Too?
This is a new series (1-9) of Verse No. in the Bible versus the Quran. Verse No. 9 in the Old Testa - Moses Said to Allah: You are our Protector, Looking After our Affairs
Many people do not know Allah. This series (1-73) is an attempt to help them to know their Creator.
Most viewed articles in this category:
- Household Twilight Zone
You've heard of trying to find a needle in a haystack? Housekeepers all over the planet encounter si - Free Internet Games
The internet is becoming more and more popular and thousands of people become new users every day. - Red Wine Might Help Fight Obesity
One of the most interesting findings of the researchers regarding the qualities of red wine is the b - Terrific Tips for Parents Who Want to Teach Their Child a Second Language
You realize the benefits of having a second language but do not know where to turn or how to begin t - Making Your Fortune With The Public Domain
Did you know that you could boost your income or even create an income just by utilizing the public - Stair Elevator : Use Anywhere
Stairs are an essential aspect of departmental stores, malls, apartment and office buildings, airpor - Putting the Permanent Press on Laundry Day
Contrary to popular teen perception, parents don't like to rag endlessly. It's just a necessity due - Free Wedding Speech: 7 Tips For Writing Your Own Free Wedding Speech
These free wedding speech writing do's and don'ts can be used for writing personal free wedding spee - Free NFL Jersey for an Email Address - Fact or Fiction?
Most of us have seen the offers for free NFL jerseys - and many other items such as Apple iPods - in - Christmas Decorations to Light Up your Holidays
In the bleak cold days of winter, Christmas comes alive with the jingling bells, twinkling lights an