EU Recommends Extending Duties On Leather Shoes

Law360, New York (October 12, 2009, 7:01 PM EDT) -- Seeking a compromise between European countries at odds over the continuation of anti-dumping duties on imports of leather shoes from China and Vietnam, the European Commission has reportedly recommended extending the sanctions for 15 months.

Staking out a middle ground it hopes will win adequate support throughout the continent, the EU’s trade watchdog has proposed keeping in place the 16.5 percent anti-dumping duty on leather footwear from China and a 10 percent rate on imports from Vietnam, Reuters reported.

While shoe-producing companies within the EU want...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.