Indonesian Political, Business & Finance News

EU lifts extra duties on RI shoes

| Source: JP

EU lifts extra duties on RI shoes

The Jakarta Post
Jakarta

The European Union has lifted anti-dumping duties of between 2
and 20.3 percent on Indonesian-made footwear containing leather
or plastics, the ministry of industry and trade said Monday.

The anti-dumping measures were due on March 1 this year in
line with the World Trade Organization (WTO) regulation stating
that an anti-dumping duty is only valid for five years, the
ministry said in a statement.

The anti-dumping duties were levied on shoes produced by 12
Indonesian companies, that is PT Emperor Footwear, PT Indosepamas
Aggun, PT Primashoes Ciptakreasi, PT Dragon, PT Fortune Mate, PT
Bosaeng Jaya, PT Karet Murni Jelita, PT Koryo International, PT
Lintas Adhikrida, PT Universal Wisesa, PT Volmacoral and PT
Kingherlindo.

With the expiration of the anti-dumping measures, Indonesian
shoe producers will have a greater chance to boost their exports
to the EU, the ministry said.

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