Rieker
EU abolishes anti-dumping tax on shoes from China and Vietnam
23.03.2011 3129

EU abolishes anti-dumping tax on shoes from China and Vietnam

Starting March 31, the European Commission will stop levying anti-dumping duties that apply to footwear imported from Europe from China and Vietnam.

Antidumping duties have been applied in the EU for three years. Thus, Europe tried to counter shoe prices that were too low. The special taxation of footwear imported from Asian countries served as a measure of support for the European manufacturer. Fees on shoes made of leather imported, in particular from China, amounted to 16,5%, for Vietnamese shoes this rate was 10%.

Earlier, Chinese shoe manufacturers have appealed to the World Trade Organization with a complaint about the actions of Europeans. Chinese authorities called EU measures illegal and violate international trade rules.

Large footwear manufacturers such as Diesel, Adidas and Puma have also struggled with higher taxes. The companies operating under these brands have most of their production facilities located in Asian countries.

Effective March 31, the European Commission will stop levying anti-dumping duties that applied to shoes imported to Europe from China and ...
5
1
Rating

Latest News

"Econika" was inspired by the culture of Morocco in the summer collection of shoes and accessories

Warm colors, rich shades, graceful silhouettes, soft shapes - all these are epithets that fit the description of the new collection of shoes, bags and accessories "Ekonika", creating which the brand drew inspiration from nature and culture...
26.05.2023 281

The Central Bank discussed the situation in the shoe market with industry unions and retailers

Today, the Bank of Russia hosted a round table in an online format on the topic: “Consumer demand and price dynamics for non-food products: main trends and prospects until the end…
25.05.2023 446

Adidas to release adidas YEEZY merchandise at the end of May

German sportswear giant adidas announced the start of sales of some of the remaining products, the controversial adidas YEEZY project, at the end of May 2023. The partnership with YEEZY ended in October 2022, from that moment on…
25.05.2023 415

Expo Riva Schuh & Gardabags preparing to open in Italy

The Italian footwear and accessories exhibitions Expo Riva Schuh & Gardabags are preparing for the summer session from June 17 to 20 in Riva del Garda, where spring-summer brand collections will be presented ...
25.05.2023 359

In St. Petersburg, 60% of the retail space of brands that left Russia were occupied by new tenants

In connection with the departure of a number of foreign fashion retailers from Russia, vacancies in shopping centers and street retail premises in St. Petersburg increased by several percentage points. However, thanks to the activity of both Russian and foreign retailers…
24.05.2023 469
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning