Turkey has decided to extend "self-defense" tariffs on footwear imported from Vietnam for another three years, according to the Ministry of Industry and Trade.
The decision, effective till August, 2012, will see duties of US$1.7-2.55 imposed on a pair of Vietnam-made shoes in 2009-2010, $1.65-2.5 in 2010-2011 and $1.6-2.45 in 2011-2012 period. Earlier, the tax was $1.8-3 on a pair of made-in-Vietnam shoes, the Competition Management Department under the ministry said.
Vietnam exported three million pairs of footwear worth $5 million a year to Turkey between 2006 and 2009, the ministry said, adding that the local footwear industry is currently facing three self-defense trade measures. The other two are anti-dumping tariffs imposed by EU and Peru.