EU TEXTILE FINISHING CHEMICAL FINSHING IMPORT DUTIES TO RISE
October 1st, 2012
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has streamlined the EU's special low duty system for poor exporting countries, which will increase tariffs for some EU textile finishing chemical imports. Ministers backed a new generalised tariff preferences (GSP) system, with special low duties henceforth "concentrated on least developed, low income and lower middle-income countries..."
This means richer emerging market paint exporting countries such as Russia, Malaysia and Brazil will attract higher EU tariffs for their exports from ...
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