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    Before April, The Import Of Shoes Dropped By More Than Ten Million.

    2014/7/8 10:24:00 51

    EcuadorFootwearImports

       Ecuador The government's restrictive import policy has a significant impact on the development of footwear industry. According to the data, the total amount of shoes imported from ERK in the first four months of this year was 35 million 800 thousand US dollars, down by more than 10 million compared with 46 million 100 thousand US dollars in the same period last year.


    Against this background, the Ecuador international footwear and accessories exhibition was held in Quito on 5-6 July, and the chairman of the shoe industry association said that there were more than 70 last year. Shoemaking factory Domestic exhibitors, domestic businesses turnover of $5 million. With the support of the government's favorable policies this year, the volume of turnover is likely to go up again.


    Ecuador government We should actively develop the strategy of industrial restructuring and introduce measures to restrict imports of some products. At the same time, in order to ensure the implementation of the strategy, we will give financial support to some industries.


    Up to now, the government has invested and borrowed $about 7000000 from the La Corporaci n Financiera Nacional to the domestic clothing and footwear industry for the upgrading of equipment and technology in the industries mentioned above.


    Related links:


    Recently, the Columbia government promulgated Decree No. 456th of 2014, and decided to continue to impose additional duties on imported clothing and footwear products.


    1, the sixty-first, sixty-second and 63 chapters of clothing products are subject to 10% ad valorem tariffs. At the same time, the import FOB customs price of less than 10 U.S. dollars / kg, the collection of 5 U.S. dollars / kg from the volume tariff; import FOB declaration price of more than 10 U.S. dollars / kg, impose a 3 U.S. / kg tariff.


    2. The footwear products of the sixty-fourth chapter are subject to 10% ad valorem tariffs. At the same time, the import FOB customs price is less than or equal to 7 U.S. dollars / double, the collection of 5 dollars / double from the volume tariff; import FOB declaration price of more than 7 U.S. dollars / kg, impose a 1.75 dollar / double tariff.


    The measure will be implemented from April 1st this year, with a term of 2 years.

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    Read the next article

    Textile Boom Is Not Enough, Raw Material Market Rebound Abruptly Stops.

    Cotton prices fell the most in the textile price list, exceeding 11%. At present, the supporting rules for the new cotton policy have not yet come to the ground. The market is expected to have strong expectations. The order of the downstream enterprises is extremely cautious, mainly based on the purchase of cotton reserves and imported cotton. At present, the financial pressure of cotton enterprises is still in the market, the market sentiment is low, and the cut down production is still rising.

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