The Peruvian National Institute for Competition and Intellectual Property (INDECOPI) recently canceled anti-dumping measures against Chinese clothing. According to a local law firm, INDECOPI overturned the decision made on December 6, 2013 to impose anti-dumping duties on Chinese clothing. This decision involved 76 stakeholders, including importers and local manufacturers. Importers have the right to demand Refund the tax levied.
INDECOPI’s decision pointed out that the previous Dumping and Subsidy Review Committee of the bureau did not fully prove that the product under investigation competed in a unique market, nor did it correctly determine the similarity of domestic products with it. The Peruvian Industrial Association, which represents domestic industries, has previously expressed opposition to overturning anti-dumping measures. The association believes that the prices of Chinese products are artificially low, even lower than the prices of raw materials, which hinders local products from participating in normal market competition, so anti-dumping measures should be taken. The Peruvian Foreign Trade Association, which represents importers, supports the cancellation of anti-dumping measures because this measure is beneficial to local clothing manufacturers, but it seriously harms the interests of consumers, making them unable to purchase low-priced clothing.
The INDECOPI Competition Review Tribunal has canceled the decision of the Dumping and Subsidy Review Committee of the bureau to impose anti-dumping duties on Chinese clothing. The court pointed out that clothing (including POLO shirts, shirts, pants and shorts, underwear, socks, etc.) cannot be classified as a similar product because their markets, production processes and uses are completely different. After analysis, the review court believed that the domestic industry was not harmed because 94% of the Peruvian garment industry is small and medium-sized enterprises, and 64% of its products are exported and do not compete in the domestic market (with Chinese goods). Most economic indicators for domestic industries are good, with productivity, output, and employment increasing, while inventories are declining, so it cannot be concluded that the industry is damaged.
INDECOPI’s latest resolution means that previously levied anti-dumping duties, amounting to more than $10 million, should be refunded, but Peruvian domestic producers can apply to the judicial authorities to annul the resolution within 3 months. In June 2012, the INDECOPI Dumping and Subsidy Review Committee took the initiative to launch an anti-dumping investigation into Chinese clothing and accessories products, including products with 276 tax numbers. At that time, INDECOPI determined that clothing imported from China would cause damage to Peruvian domestic small and medium-sized enterprises, directly and indirectly affecting approximately 215,000 job opportunities.
A source from the Chinese Ministry of Commerce said that this case is the largest trade remedy case involving Chinese clothing products initiated by a foreign country so far. China welcomes Secret Recipe’s decision to revoke anti-dumping measures against Chinese clothing products through administrative review. China is willing to work together with its trading partners, including Peru, to manage differences and actively promote industry exchanges and cooperation.
Peru cancels anti-dumping duties on Chinese clothing
The Peruvian National Institute for Competition and Intellectual Property (INDECOPI) recently canceled anti-dumping measures against Chinese clothing. According to a local law firm, INDECOPI overturned the deci…
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