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2/20/06

Businessweek: EU: China, Vietnam unfairly dumping shoes

Businessweek

EU: China, Vietnam unfairly dumping shoes

FEB. 20 6:51 A.M. ET The European Union said Monday it is considering imposing restrictions on imports of shoes from China and Vietnam after finding evidence that the Asian nations are unfairly dumping footwear on European markets. EU trade spokesman Peter Power said talks were under way among the 26 EU nations on possible antidumping measures which, if approved, could begin April 7. "There is evidence of both dumping and injury" to the European industry, Power said.EU officials said the bloc would seek urgent talks with the two countries to resolve the issue.

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