WTO splits the difference in China-EU shoe dispute
The World Trade Organization issued a mixed ruling Friday on China's complaint against the European Union over punitive taxes imposed by Brussels on Chinese shoe imports.
The trade watchdog found that the EU regulation, which required that anti-dumping duties be specified for the supplying country and not for individual suppliers, broke international rules.
In addition, it found that Brussels did not meet its obligations in its treatment of confidential information in its anti-dumping probe.
However, it rejected the rest of China's claims against the EU, particularly on specific claims of violations with regard to the original probe and expiry review.
The EU decided in December 2009 to extend punitive taxes on imports of Chinese and Vietnamese leather shoes, first introduced three years earlier, by a further 15 months.
Dumping occurs when a product is sold in a foreign market at less than its domestic cost price.
© 2011 AFP