EU MINISTERS APPROVE EXTENSION OF CHINESE LEATHER SHOE DUTIES OVER MACAO ILLICIT TRADE DIVERSION
April 1st, 2008
BY KEITH NUTHALL
EUROPEAN Union (EU) ministers have extended definitive anti-dumping duties on leather upper footwear exported from China to similar products sold from Macao, following concerns about illicit trade diversion.
Investigations by the European Commission had showed that after duties ranging from 9.7% to 16.5% were imposed in 2006 on mainland Chinese exports, there was a huge boom in cut-priced exports of leather upper footwear from Macao.
A Commission proposal approved by the EU Council of Ministers said: "Bearing in mind that the population of ...
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