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.

Tags: Vietnam footwear export, Vietnam Footwear Industry