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Anti Dumping Ends Up With Shoe Enterprises Winning &Nbsp; Wen Shoe Enterprises Still Need To Be Alert To Trade Risks.

2011/1/18 10:35:00 69

January 18th hearing as central Europe

Trade

The largest sum and longest duration in history.

Anti-dumping

After five years of tug of war, the EU's "anti-dumping" on China's export of European leather shoes is expected to end with the success of Chinese shoe companies.

Last Saturday, according to the Ministry of Commerce, the Spanish Footwear Association (FICE) on its website announced the CEC.

leather shoes

The news bulletin of the retrial case decided to abandon the sunset review of imports of leather shoes from China and Vietnam, which are being implemented and will expire in March 31st. If there is no accident, anti-dumping measures against leather shoes in China and Vietnam will be terminated on March 31st this year.

The lawsuit dates back to October 2006, when the European Union made a decision to impose a 16.5% anti-dumping duty on leather shoes originating in China for a period of two years.

After sunset at the end of 2008, the European Commission again ruled that the anti-dumping duty would be extended for 15 months in December 2009 and expired in March 2011.

After the implementation of anti-dumping in the EU, 5 Chinese shoe companies such as Wenzhou AOKANG and Tamar chose to sue.

By 2008, when the court of first instance ruled that the Chinese side had lost the lawsuit, only one AOKANG company insisted on appeals.

Wei Ya Fei, director of shoe making office of China Leather Association, said: from the perspective of EU legal procedures, this means that without EU industry complaints, if the European Commission does not initiate the review, anti-dumping measures against leather shoes in China and Vietnam will terminate in March 31st this year.

The Attorney General of the Chinese side, who has been acting the case, said that the European Commission will also monitor all imported leather shoes to ensure that no new dumping or other unfair actions occur, thereby avoiding further damage to the European industry.

CEC is looking for an omnidirectional strategy that can cover dumping and other unfair trade practices, and market access and respect for intellectual property rights.

Therefore, Wenzhou shoe enterprises can not be taken lightly.

Footwear products are the major export commodities in Wenzhou, accounting for more than half of the total exports of the province.

Last year, exports of shoes and shoes in Wenzhou exported to US $3 billion 740 million, an increase of 35.78% over the same period last year, and export value ranks first among export products.