Home breadcru News breadcru Import/Exports breadcru UK pays EU £2.3 bn to settle row over Chinese textile-footwear imports

UK pays EU £2.3 bn to settle row over Chinese textile-footwear imports

13 Feb '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

As part of a long-standing dispute over textiles and footwear imported into the United Kingdom from China, the UK government has paid £2.3 billion to the European Union (EU). The final payment of £1.1 billion, made recently, closed the case. Chief secretary to the treasury John Glen confirmed the payment in a written statement to the House of Commons.

“Whilst the UK has now left the European Union and this is a legacy matter from before our departure, the government is keen to resolve this long-running case once and for all and is committed to fulfilling its international obligations,” he told MPs.

The case goes back to 2017 when the EU’s anti-fraud office said British authorities had allowed criminals to evade customs duties by making false claims about clothes and shoes imported from China.

More than half of all textiles and footwear imported into the United Kingdom from China were below ‘the lowest acceptable prices, it was discovered.

The United Kingdom made a payment of more than £600 million in June 2022, with another payment of £620 million on January 13 this year.

ALCHEMPro News Desk (DS)

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