European member states have voted against the extension of anti-dumping duties on leather footwear sourced from China and Vietnam after Drapers, along with leading industry suppliers and retailers, lobbied to Dump The Duties.
The vote, which was cast this morning, is a victory for UK retailers and suppliers who have been paying out in excess of £330m a year extra for leather shoes sourced from China and Vietnam, as a result of tariffs imposed by the EU.
According to a source close to the situation, 15 EU member states voted against the proposed extension of the measures, 10 voted in favour of it and two abstained from voting.
”This is a major setback for the Commission and a great success for the FTA” said Jan Eggert, secretary general of the Foreign Trade Association which represents importers and retailers in Europe. “The Commission has been determined from the very beginning to see these duties continue, despite the negative impact they have had on our members, and we have work hard to achieve today’s result.”
However, today’s vote is not the end of the process as the issue will now go to the Member States Council for the final vote. The vote by the Member States Council is expected to take place on December 22.
PwC international trade consultant Emma Ormond said: “It is a case of champagne in the fridge but the cork has not been popped yet. The committee will have two months to decide, which gives the committee far too long to start picking off the smaller states and encouraging them to vote in favour of the extension.”
Anti-dumping duties on leather footwear amount to a 16.5% tariff on the cost of footwear from China and 10% on the cost of footwear from Vietnam.
EU figures show that the duties typically add £1.60 to the cost of a pair of imported leather shoes.
Drapers has been calling for the end of the footwear anti-dumping duties via its Dump the Duties campaign.