Turkey keeps tariffs on Vietnamese shoes

19/03/2010 12:00 - 474 Views

The Foreign Trade Department of Turkey has announced an extension of safeguard measures on three categories of Vietnamese shoes to be imported in the next three years.

The decision was made by the department in mid-February, according to a report officially released on March 16 on the website of the Vietnam Competition Authority under the Ministry of Industry and Trade.

In an investigation report, Turkish authorities claimed that the significant increase of Vietnamese footwear imports into the country between 2006 and 2009 harmed Turkey’s domestic production. Based on these circumstances, it has decided to extend the measures.

On July 11, 2006, Turkey made an official decision to impose safeguard duties on certain types of Vietnamese footwear made from rubber, plastic, leather and fabric. Tariffs ranged from US$1.8-US$3 per pair.

Vietnam has faced trade safeguard measures on shoes from other countries such as the EU imposed anti-dumping tariffs on leather shoes and Peru on anti-dumping duties on fabric shoes, respectively.

Updated: 9:46 AM, 03/17/2010

Source: english.vovnews.vn