Colombia imposes tariff on imported footwear
24/01/2013
The “specific tariff” will mainly affect the cheapest imports, as those imported at a “fair price” will benefit from a decrease in taxation from 15% to 10%, according to the president.
The measure will initially be implemented for six months, while the government reviews the situation and decides on more permanent anti-dumping measures. It will also promote partnerships and strategic alliances with Colombian suppliers, retailers and buyers to give the garment industry more security.
Joining the president was EU ambassador for Colombia, Maria van Gool – a guest of honour at the trade fair in light of the incoming trade agreement between the EU, Colombia and Peru.
She said: “Bilateral trade with Colombia has increased significantly in the last few years – in 2011, it was close to €12 billion euros. The EU delegation, the Colombian Ministry of Commence and Proexport [a government agency promoting Colombian exports] have worked with entrepreneurs to understand the advantages of the trade agreement and how best to utilise them.”
A spokesman for the Colombian Ministry of Commerce said: “The agreement will allow for the reduction and elimination of taxes and non-tariff barriers to Colombian exports for industrial products to become more competitive, and create a level playing field for companies to compete against competitors in Mexico, Chile and, soon, the Central American companies that benefit from preferential market.
“There will be greater opportunities to establish links in the production and supply chains, to establish commercial and production partnerships, to have more clients and consumers, to offer better conditions to attract investors and to provide more purchasing choices for Colombian consumers.”
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