Turkey extends tariff on Vietnamese shoes
Turkey has decided to extend punitive tariffs against Vietnamese shoe imports for an additional period of three years - until August 2012 - according to the Vietnam Competition Authority.
Turkey has provided evidence that its domestic shoemaking industry was badly affected by increased imports during 2006-09, saying it is a reason for extending the protectionist measure.
In July 2006 the country imposed a three-year tax of US$1.8-3 on imported shoes, including from Vietnam.
But the VCAD said the tariff levied on Vietnamese shoes would decrease gradually to $1.6-2.45, depending on the type of shoe.
Vietnam exported 3 million pairs of shoes worth around $5 million a year to Turkey between 2006 and 2009.
Peru and the EU have also slapped anti-dumping duties on its shoes.
vietnews
> Thirsty for capital, export companies miserable (16/03/2010)
> Workers quit factories for more cushy jobs, labor shortage ensues (16/03/2010)
> Vietnam Airlines protests AirAsia joint venture (16/03/2010)
> Salt imports ‘not harming local sales' (16/03/2010)
> Plantations to receive preferential loans (16/03/2010)
> Progress resumes on Taiwanese steel plant (16/03/2010)
> New rice price structure aims to help local farmers (16/03/2010)
> Work begins on river bridge (16/03/2010)
> Exports increase 0.1% in first two months (16/03/2010)
> Real estate investors to target lower price segment (16/03/2010)