Saturday, August 29, 2009

Canada imposes duties on Vietnam Shoes

Anti-dumping duties will be imposed on Vietnamese shoes by Canada after accusations of unfair market practices by local exporters have been found with merit.

Foreign visitors inquire about Vietnamese shoe products at a footwear exhibition in Ho Chi Minh City
The Canada Border Services Agency made its final determination to apply provisional duties on waterproof footwear in nearly finished form, constructed wholly or in part of rubber from Vietnam and China.

Vietnamese shoe exporters who do not comply relevant regulations will be hit with the 32.4 percent anti-dumping tax on prices while non-sampled exporters will pay duties of 12.8 percent, according to the agency.

The agency said exporters found in compliance with Canadian regulations, like Vinh Long Footwear, Pou Yuen Vietnam, Fulgent Sun Footwear and Stateway Vietnam will pay duties of 15.8, 7.3, 3.4 and 0 percent respectively.

It said the duties would apply until September 25 when the Canadian International Trade Tribunal would make an order or finding on its inquiry into the question of harm suffered by the domestic industry.

Similar products imported from China will also face duties ranging from 0 to 43.8 percent, said the agency.

Meanwhile, duties on shoes originating in Vietnam and China were lowered.

In March, the agency made its preliminary determination to impose taxes of 5.2 and 49 percent and 21.7 to 52.3 percent respectively on Vietnamese and Chinese products.

The findings followed a complaint filed by the Shoe Manufactures’ Association of Canada of Baie-d’Urefe, Qu├ębec.

Vietnam exported US$93 million worth of footwear to Canada last year.

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