EU ends preferential tariffs for VN footwear, other goods

The European Union (EU) has decided to end preferential tariffs for Vietnamese-made footwear and some other goods, the European Commission said Wednesday.

EU foreign ministers, at a meeting in Brussels, Tuesday backed the renewal of the bloc’s system of general preferences for products from developing countries from January 2009 to the end of 2011.

However, as part of the decision, they withdrew Vietnam’s preferential market access for footwear, headgear, umbrellas, sun umbrellas, artificial flowers and other goods, according to the commission.

Read more …