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EU Drops Restrictions on Textile & Footwear from China

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BRUSSELS, Belgium (January 6) – As from January 1, 2005 all import restrictions for clothing and all other textile products and also footwear from the Peoples Republic of China are dropped for the EU 25 member states. It is expected that prices for clothing will drop by an average of 20 to 30% as a […]

BRUSSELS, Belgium (January 6) – As from January 1, 2005 all import restrictions for clothing and all other textile products and also footwear from the Peoples Republic of China are dropped for the EU 25 member states. It is expected that prices for clothing will drop by an average of 20 to 30% as a direct result of the decision of the European Commission. This measure coincides with dropping Average Sales Prices (ASP’s) for all sportswear, and shoes in particular. The volume increases on footwear imports were almost double that of the 2003 figures for the first 9 months of 2004.

The EU had restrictions on the textile import from China in the form of extra import duties which could run up to US$ 3 per garment or up to 50% of the value. Next to the drop in extra duties there are also no longer administrative costs for the application of import and export licenses.

Just before the year’s end the European Council also announced an agreement between the European Community and the government of the People’s Republic of China on the cooperation and mutual administrative assistance in custom matters. The agreement will, for example, result in the set-up of a Joint Customs Cooperation Committee. (JO)

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