The Brazilian Footwear Industries Association (Abicalcado) has unexpectedly told Brazil’s Trade Protection Department to withdraw its lawsuit against Vietnamese footwear exporters and makers for dumping, said the Vietnam Competition Administration Department.
|Making shoes for export at a factory in Vietnam (Photo: SGGP)|
Brazil’s Department began to appraise Abicalcado’s anti-dumping complaints last October.
The lawsuits were not only against leather shoes but also rubber footwear and those with rubber and composite leather soles.
Brazil imported 2.3 million pairs of shoes from Vietnam in the first nine months of 2008.
The lawsuit, if it were filed, would have put further pressure on the Vietnamese footwear industry, which is set to be removed early this year from an EU list of countries that receive preferential treatment.
Exports of Vietnamese leather shoes to the EU also face a ten percent anti-dumping tariff.
Abicalcado continues its lawsuit against China.