Peru removes anti-dumping duties on Chinese fabrics
The South American country of Peru has lifted anti-dumping duties on Chinese blended fabrics, including rayon-viscose and cotton-fiber fabrics, among others.
The duties have been removed with effect from May 26, 2012, according to a statement issued by the National Institute for the Defense of Competition and Intellectual Property Protection.
The Peruvian Anti-Dumping and Subsidies Commission had imposed anti-dumping duties on Chinese blended fabrics in 2009. Subsequently, the Commission ordered a review of the levy in March this year.
In 2010, the Peru-China Free Trade Agreement (FTA) came into effect, which has greatly improved bilateral trade between the two countries.
The duties have been removed with effect from May 26, 2012, according to a statement issued by the National Institute for the Defense of Competition and Intellectual Property Protection.
The Peruvian Anti-Dumping and Subsidies Commission had imposed anti-dumping duties on Chinese blended fabrics in 2009. Subsequently, the Commission ordered a review of the levy in March this year.
In 2010, the Peru-China Free Trade Agreement (FTA) came into effect, which has greatly improved bilateral trade between the two countries.
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