Vietnam shoemakers appeal to EU
Updated
Vietnam's footwear makers say a European Union plan to scrap their preferential market access would cost them over $US100 million and harm workers already suffering from double-digit inflation.
Industry group the Vietnam Leather and Footwear Association asked the EU to reconsider a plan announced last week to end the granting of lower than usual tariffs for Vietnamese-made products.
It says the sector will suffer if Vietnam is removed from the list of benefiting countries under the EU's Generalised System of Preferences.
The Association says that since the start of the year, footwear enterprises in Vietnam have already suffered the pressure of high prices for materials and the lives of workers have also become difficult due to high inflation.
