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Home  >>  Daily News  >>  Vietnam News  >> Trade  >> Eurocham does not agree with Eu’s anti-dumping plan on Vietnam’s shoes
NEWS UPDATES 17 December 2009

Eurocham does not agree with Eu’s anti-dumping plan on Vietnam’s shoes

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The European Union's plan to impose anti-dumping duties on Vietnam's leather-capped shoes will cause adverse impacts on the Vietnamese economy as it faces a lot of difficulties derived from the global economic crisis, the Antara news agency quoted European Chamber of Commerce (EuroCham) chairman Alain Cany as saying Tuesday.

The European Commission's (EC) term-end review report made public on October 13, said that Vietnam's leather-capped shoes have continued dumping and proposed an extension of the penalty taxes for another 15 months (from January 2010 to March 2011).

The 10 percent anti-dumping tax over the past three years and the recent decision to eliminate Vietnam's footwear sector from the list of GSP beneficiaries during 2009-2011 has harmed Vietnamese footwear makers employing more than 650,000 workers.


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