Colombia says it will stand up to Panama at WTO
05/08/2015
Speaking at the International Footwear and Leather Show (IFLS) in Bogotá at the end of July, industry and trade minister, Cecilia Álvarez, told participating Colombian footwear manufacturers: “The government sends you this message: we are going to defend this at the World Trade Organization with all we’ve got. We want you to be able to compete fairly.”
Colombian industry representatives have complained for a long time about footwear brands by-passing restrictions on imports of cheap shoes from Asia by “triangulating” them through Panama. The new tariffs are aimed at preventing this from happening.