In response to concerns over China dumping garments in Peru, the Economic and Commercial Office of the Chinese Embassy in Peru issued a statement clarifying the issue.
Exports from China have been in compliance with trade standards and the price competitiveness of Chinese products does not reflect dumping or below cost prices, the statement said.
Garment industry workers in Peru’s Gamarra district staged protests this month accusing the Peruvian Government of providing facilities for the import of undervalued Chinese clothing.
If the price of Chinese garments sold in Peru was less than the cost, the growth in sales of these products would only cause greater losses to the Chinese industry, the statement noted.
The National Institute of Defense of Competition and Intellectual Property Protection (INDECOPI) has suggested imposing antidumping measures on Chinese apparel.
Antidumping policies discourage the importation and sale of foreign-made goods at prices substantially below domestic prices for the same items.
The mechanisms under the free trade agreement between the two nations, which took effect in 2009, could do better to quell concerns from Peruvian producers than antidumping duties, the statement said.
China is one of the leading countries whose products have been and are currently being investigated by Peruvian authorities on matters related to trade defense, particularly in the area of anti-dumping, the statement said.
Earlier this month, the Peruvian Minister of Production, Gladys Trevino, announced that the government would implement control actions on imports of Chinese garments to prevent undervaluation of goods, in response to complaints from the Gamarra clothing manufacturers, Fibre2fashion reported.