Peru Starts Anti-dumping Probe into Vietnam Shoes
Peru has started an anti-dumping investigation into shoes imported from Vietnam and China under a proposal by its corporation of leather, shoe and similar products, Vietnam News Agency reported.
According to the decision announced July 18 by Peru&rsquos Competition and Intellectual Property Protection Institute, the probe will be conducted into canvas shoes with sole made from different materials.
Shoe enterprises accused of dumping their products will have six months since the decision was made to provide proof and arguments to protest against the decision.
In the first half this year, Vietnam shipped abroad US$2.27 billion from shoe products, a rise of 16.9 per cent on-year.
The Southeast Asian country&rsquos footwear industry has an annual average growth rate of 16 per cent and its export revenue is expected to reach US$4.5 billion this year and US$6.2 billion by 2010. (VNA, News)
Vietnamese
