Search Results for: Brazil
1030 results out of 1030 results found for 'Brazil'.
LAVA JATO PUSHES MONEY LAUNDERERS TO ADOPT MORE SOPHISTICATED WAYS TO HIDE DIRTY CASH IN BRAZIL
But even though the Lava Jato task force was officially disbanded in 2021, Pierpaolo Bottini, partner at São Paulo-based Bottini & Tamasauskas Advogados, and a former director of the Economic Criminal Law of the Brazilian Institute of Criminal Sciences, said this abuse of crypto has been highlighted in cases he is defending. …
JAPAN’S NASCENT HALAL FOOD SECTOR STRUGGLES TO KEEP AFLOAT THROUGH COVID-19 PANDEMIC, BUT EYES SUSTAINABLE FUTURE
Japan may become a significant market for the halal food sector in future, predicts the Japan Halal Association, whose members are looking ahead to sustained growth once the Covid-19 pandemic ebbs. Faslin Mohammed Lafir, head of halal certification and international relations, of the Japan Halal Association, stressed that the country’s Muslim population is around 120,000 individuals at present, with an estimated 10,000 Japanese converting to the religion every year, boosting potential halal sales.…
FIGHTING FRAUD IN THE HALAL FOOD INDUSTRY
Fraud in the global halal food sector is emerging as a widespread problem. A series of scandals have rocked the industry worldwide, and shone a spotlight on the difficulty of eliminating non-halal practices from increasingly large and complicated food supply chains. …
UNIVERSITIES ARE MAGNET FOR INTERNATIONAL MONEY LAUNDERING – SPECIAL REPORT
Higher education institutions are being warned they could be a target for money laundering, with fees being financed by the proceeds of crime, including corruption, which might also buy property, cars and other items for students.
The problem has been highlighted in a series of reports.…
POLAND CAN MANUFACTURING AND FILLING SECTOR OFFERS STRENGTHS IN INNOVATION AND SUSTAINABILITY
The Polish can manufacturing and filling industry continues to attract attention from major buyers and investors from around the world, aware that this strong and innovating national sector is able to rely on a strong, reliable workforce.
Global beverage giant PepsiCo, for example, has been drawn to the Polish can manufacturing industry.…
BANGLADESH PUSHING HALAL FOOD EXPORTS BY EXPANDING CERTIFICATION AND GOVERNMENT MARKET RESEARCH
The Bangladesh food industry is increasing its efforts to export halal foods to Muslim majority population countries. A senior government delegation is planning to visit Turkey and Indonesia this year to gather facts and advice on improving Bangladesh sales in these countries of halal food.…
BENEFICIAL OWNERSHIP LEDGERS BEING CREATED – BUT NOT WITHOUT SERIOUS TEETHING TROUBLES
Britain’s open register of beneficial ownership was groundbreaking worldwide but its effectiveness as a bulwark against money laundering is being debated, even as both the European Union (EU) and the US move ahead at varying pace to replicate the system. The question of whether BO registers should be open or closed is one that is being discussed in countries around the world.…
COVID-19 DISRUPTION OFFERS AMERICAS TEXTILE COMPANIES CHANCE TO GRAB AND HOLD NEW MARKETS
The relationship between the USA textile industry and its counterparts in Latin America has never been straightforward, given the US exports fabrics and fibre to its neighbours as well as importing apparel, but the Covid-19 pandemic has increased complexity in this relationship.…
DESPITE POLITICAL INSTABILITY, PERU'S MANUFACTURING INDUSTRY IS RECOVERING STRONGLY
After a tumultuous first semester fuelled by Covid-19 and a tight and polarised presidential election, Peru’s clothing and textile sector is now growing at pre-pandemic levels. Hence, the capital Lima’s chamber of commerce (Cámara de Comercio de Lima) projects growth between 10% and 15% in textile and clothing exports by the end of 2021, compared to what was reported in 2019.…
UNITED STATES EDIBLE OILS SECTOR FACES MAJOR SHAKE-UP THROUGH RENEWABLE DIESEL
An anticipated surge in supply and demand for renewable diesel, fuel that is chemically identical to its fossil fuel predecessor, is likely to cause major disruption to the American vegetable oil market and industry, notably soy.
With the US government and certain states regarding renewable diesel as a swift way to further reduce carbon emissions and meet Paris agreement climate change targets, the prospects for major additional purchases of soybeans within the American domestic market are very real.…
BRAZIL TEXTILE FINISHERS MULL DIGITAL EXPANSION, DESPITE LOCAL POLITICAL AND ECONOMIC CHALLENGES
Brazil’s larger companies operating digital textile printing services have experienced a sharp recovery since social distancing restrictions imposed by Covid-19 waned, with many companies now investing in new equipment to move forward. But the country’s troubled politics – with far-right President Jair Bolsonaro earlier this month (September) saying he would refuse to recognise decisions made by the country’s Supreme Court – are limiting how much commercial risk textile firms are prepared to make.…
WORLD’S LARGEST AD AGENCY AGREES TO END SHARP PRACTICES AND PAY SEC USD19 MILLION TO SETTLE FCPA CHARGES
London and New York-based WPP, the world’s largest advertising group, has agreed to pay USD19.2 million to resolve charges laid by the USA’s Securities & Exchange Commission that it breached the US Foreign Corrupt Practices Act (FCPA). The SEC alleged WPP allowed overseas subsidiaries to bribe clients and breach accounting controls.…
WORLD’S LARGEST AD AGENCY AGREES TO END SHARP PRACTICES AND PAY SEC USD19 MILLION TO SETTLE FCPA CHARGES
London and New York-based WPP, the world’s largest advertising group, has agreed to pay USD19.2 million to resolve charges laid by the USA’s Securities & Exchange Commission that it breached the US Foreign Corrupt Practices Act (FCPA). The SEC alleged WPP allowed overseas subsidiaries to bribe clients and breach accounting controls.…
LUMINESCENT YARM IS MAJOR RESEARCH AND DEVELOPMENT GROWTH ZONE – BUT SUSTAINABILITY IS A CHALLENGE
INTRODUCTION
In a global textile and clothing market that is increasingly integrating design with functionality, the potential of luminescent yarns is becoming ever more apparent. The focus of groundbreaking research and development, there is widening diversity in this segment from luminescent coatings on yarns to those that integrate LEDs (light-emitting diodes).…
SUSTAINABILITY-FOCUSED BRAZIL TEXTILE FIRM KEEPS INNOVATING AFTER ANTI-COVID FABRIC BREAKTHROUGH
Brazilian textile company Dalila Têxtil, based in the southern city of Jaraguá do Sul, in Santa Catarina state, became a global name after creating fabrics capable of destroying the protective outer layer of the Covid-19 virus. The company’s anti-viral finishing uses silver particles to attract the virus, causing it to bind to sulphur groups on the surface around the virus, creating a reaction that stops the virus from binding to the host cell and blocks its replication.…
EU/WTO REGULATORY ROUND UP – MAJOR EU RESEARCH FUNDING MADE AVAILABLE FOR FOOD AND DRINK INNOVATION
FOOD and drinks companies from across the European Union (EU) are now able to apply for research funding from the European Union’s (EU) Horizon Europe programme, which has a budget of around EUR95.5 billion. This spending will last until 2027, with companies generally needing to form international consortia focused on food, ingredients and packaging projects to secure funding.…
COVERT RECORDING DEVICES PROLIFERATE IN STYLES – BUT INVESTIGATORS MUST TAKE CARE TO USE THEM LEGALLY
Even though life has been increasingly lived online during the Covid-19 pandemic, there is still a significant market for hardware surveillance devices, including those that are covert, with recording devices hidden in everyday objects, such as pens, watches, even water bottles.…
ANGOLA EMBARKS ON MAJOR HE REFORMS, CRITICS SAY THEY ARE NEEDED
The Angolan government has been implementing several measures to improve the weak reputation of its higher education system, such as stricter accreditation and assessment laws, with some experts saying these changes need to be implemented more comprehensively.
Since the current President João Lourenço took office in 2017, after almost 38 years under José Eduardo dos Santos’ command, the country has undergone significant change.…
TIME FOR CHANGE AT THE TOP OF THE UN – GUTERRES MUST GO
With the United Nations security council backing the reappointment of António Guterres as UN secretary general for another five years, it is time to ask whether the global body’s political leadership needs a major overhaul.
The answer surely has to be ‘yes’.…
SÃO TOMÉ & PRÍNCIPE TAPS INTERNATIONAL SUPPORT TO GROW ITS NEW HIGHER EDUCATION SYSTEM
The under-developed system of higher education of African archipelago country São Tomé & Príncipe is growing slowly amidst expanding demand, being assisted by international projects and funds.
One major potential initiative that may cause significant progress, however, involves this Lusophone country being chosen by the Pan African Institute for Development (PAID) to host a future International University of Development Sciences.…
BRAZIL’S MAMMOTH CORRUPTION PROBE DISCREDITED AFTER 7 YEARS
Brazil’s Chief Justice Luiz Fux refused to acknowledge the death of the sprawling Lava Jato (Car Wash) corruption probe in a historic full court session on April 23, declaring: “This is not the end of Car Wash.”
However, he might have been forgiven for accepting that these investigations were at an end.…
ILLEGAL DRUGS ARE STILL THE LARGEST SOURCE OF DIRTY MONEY WORLDWIDE
The narcotics trade was a prime motivator to enact global anti-money laundering regulations to curb dirty money flows. Over 30 years later, drug trafficking is still considered the largest transnational crime by international law enforcement agencies. It is worth an estimated USD344 billion-a-year, according to Interpol, followed by counterfeiting crimes (USD288 billion) and human trafficking (USD157 billion).…
INTERNATIONAL REGULATORY ROUNDUP – CONFECTIONERS COULD BENEFIT FROM MAJOR NEW EU RESEARCH PROGRAMME
INNOVATIVE confectionery and sweet bakery companies will be able from next month (July) to explore applying for research funding from the European Union’s (EU) Horizon Europe programme, which has a budget of around EUR95.5 billion. This spending will last until 2027, with companies needing to form international consortia focused on food, ingredients and packaging projects to have the best chance of securing funding.…
CONCERNS RAISED IN CANADA ABOUT MONEY LAUNDERING AND AUTO SALES
A PUBLIC inquiry in British Columbia, Canada, has increased concerns about how auto dealers maybe exploited by criminal networks to launder dirty money. Purchasers can be prepared to pay high prices for vehicles in cash, with dealers struggling to identify the source of these funds.…
EU WTO ROUND UP – PEACE BREAKS OUT IN TRANSATLANTIC FOOD AND DRINK TRADE WAR
PEACE appears to be breaking out between the European Union (EU) and the UK on one side the USA over an aircraft subsidy-prompted trade war that had led to billions of dollars of duties being levied on food and drink exported between these countries.…
CASH STILL KING FOR MONEY LAUNDERING, DESPITE IN CRYPTO AND ECOMMERCE FIAT TRANSACTIONS
Anti-money laundering specialists may be focusing on how crypto-currencies and online transactions pose an increasing ML/TF risk, especially with Covid-19 encouraging ecommerce, but the reality is that cash remains the money launderers’ best instrument for moving dirty money.
That is the conclusion of Gabriel Hidalgo, a managing director at risk specialists K2 Integrity, in New York: “Cash is king for ML; it continues to be king; and on the majority of levels, illicit actors will continue to use cash,” he said.…
BRAZIL’S HEALTHY FROZEN-FOOD MARKET SOARS DURING PANDEMIC
It takes minutes for any Brazilian on Instagram to be bombarded with ads of modern companies selling exquisite items from tofu tikka masala stew to cauliflower risotto. But these are not from restaurants heavily impacted by the Covid-19 pandemic and now use social media to survive.…
ANGLO-CARIBBEAN OFFERS RIVAL CIGAR PRODUCTION TO CUBA, NICARAGUA AND DOMINICAN REPUBLIC
THE REPUTATION of the Caribbean’s major cigar production centres – Cuba, the Dominican Republic and Nicaragua – has dominated global markets for years. But the entire region’s balmy and moist climate and rich soils are ideal for growing cigar wrapper and filler leaf.…
GUINEA-BISSAU: PUBLIC HIGHER EDUCATION WALKS A TIGHTROPE AMID SEVERAL ENDEMIC CRISES
The Amílcar Cabral University, the only public university in Guinea-Bissau, one of the world’s poorest and politically fragile countries, is looking to expand its educational services and attract more funds, trying to overturn past student dissatisfaction with its work.
After nine years leaning on a public–private partnership with the Lisbon, Portugal-based Lusófona University, the UAC (Universidade Amílcar Cabral in its Portuguese acronym), ended in 2013 after the government jeopardised the agreement.…
INTERNATIONAL REGULATORY ROUND UP - CAOBISCO APPEALS TO BRUSSELS AND WASHINGTON TO END FOOD TARIFF WAR OVER AVIATION SUBSIDIES
EUROPE’S confectionery and sweet bakery association CAOBISCO has been pressuring the European Union (EU) to resolve a long-running trade dispute with the USA over aircraft manufacturing subsidies causing Washington to impose tariffs on European food exports. These include 25% duties on exports from the EU (including the UK) of raspberry, strawberry, apricot, peach and other jams; cherries and peaches; sweet biscuits from Germany; waffles and wafers from Britain and Germany; and an additional 25% on these jams when exported from Germany and France.…
INTERNATIONAL TECHNICAL UPDATE –
The International Federation of Accountants (IFAC) has released a white paper saying that the accounting profession needs to learn from the challenges of Covid-19, investing in boosting communication skills. This will enable accountants to be more effective pro-active trusted partners with their clients, able to adapt to flexible and remote working even after the pandemic subsides.…
NEW CAMPUS TO PUT CAPE VERDE ON GLOBAL MAP OF RESEARCH AND INTERNATIONALISATION CENTRES
THE NEW campus of the University of Cape Verde (Uni-CV), which has cost almost USD60 million to build and should open next March (2021), is expected to attract more national and international students and researchers to this island country. The launch of this modern facility has been delayed from July (2020) because of Covid-19, but it is hoped the March opening will stick.…
CAN MAKERS MUST TAKE CARE WHEN NAVIGATING THE COMPLEX WORLD OF LABELLING REGULATORY COMPLIANCE
IT goes without saying that can manufacturers and fillers have to comply with regulatory controls specifying how they make and fill cans, but maybe the biggest compliance challenge for the industry is following the world’s multifarious rules on food labelling.
Canners and fillers with contracts to supply labelled cans have to take special care given these labelling rules do not just vary from jurisdiction to jurisdiction, (or even within jurisdictions), these regulations are a very dynamic topic – they change, often. …
LATIN AMERICA’S PAINT SECTOR REELS FROM COVID-19, BUT KEEPS CLOSE EYE ON POST-PANDEMIC RECOVERY
LATIN America has been hit particularly hard by the Covid-19 pandemic – with Chile, Peru, Brazil and Colombia in the top-20 of countries regarding cases per million people – and its paint and coatings market and industry has faced a similarly rough ride.…
INDONESIA CHALLENGES LEGALITY OF EU PALM OIL BIOFUEL RESTRICTIONS
A WORLD Trade Organisation (WTO) disputes panel will assess whether import restrictions created by the European Union (EU) to reduce the use of carbon-intensive biofuels comply with global trading rules.
The Indonesian government is challenging portions of the EU’s renewable energy directive (RED) linked to EU guidance limiting the indirect land use change (ILUC) of biofuel feedstock cultivation.…
TOBACCO SECTOR EXPLORES POTENTIAL OF BLOCKCHAIN TECHNOLOGIES
The Internet has hardly developed a reputation for honesty, but blockchain technologies where different computers log transactions in separate units, connected to a web of entries (blocks), are tough to falsify.
Of course, blockchain’s most high-profile use has been to underpin the reliability of cryptocurrencies, but the principle of this unchangeable and autonomous web of ledgers has so many potential uses – the tobacco sector has been exploring them.…
INDUSTRY EXPERTS PREDICT NEW WAVE OF VAPING REGULATION WILL ENCOURAGE CONSUMERS TO SMOKE MORE TOBACCO
Cigarette sales could be boosted by the growing challenges faced by vaping products, according to senior figures from the industry speaking to TJI. Certainly, the days when vaping products received a relatively clear pass in marketing restrictions are over in some jurisdictions.…
TEXTILE INDUSTRY INNOVATORS CREATING NEW STRAINS OF SUSTAINABLE NATURALLY COLOURED COTTON
Textile industry innovators are seeking to create and improve naturally coloured cotton, that can reduce or even remove the need for manufacturers to add dyes that can be expensive and generate significant levels of pollution.
Natural coloured cotton is not new, with Liv Severino, head of Empresa Brasileira de Pesquisa Agropecuária (Embrapa), the Brazilian Agricultural Research Corporation, a state-owned research corporation affiliated with Brazil’s ministry of agriculture, livestock and food supply, noting evidence that human clothes were made from such fibres in the Andes 5,000 years ago.…
COVID-19 HELPS FUEL SUSTAINED GROWN IN NON-MEAT ALTERNATIVE PRODUCTS WITHIN BEEF-LOVING BRAZIL
One year ago, there were few options in the Brazilian market of non-meat alternative products. But brands have started luring beef-crazy Brazilians into buying several plant-based meat substitutes, chiefly hamburgers. And some of the country’s biggest meat packers are now exploring this relatively small, but promising category.…
INTERNATIONAL REGULATORY ROUND UP – UN FAO WANTS PERMANENT COCOA MARKET OBSERVATORY
THE UNITED Nations’ Food & Agriculture Organisation (FAO) has proposed creating a permanent ‘observatory’ monitoring cocoa markets, assessing value and costs, to help chocolate sales revenues be more equitably distributed throughout supply chains.
In a report called a ‘Comparative study on the distribution of value in European chocolate chains’, the FAO said such “objectified and cross-checked data” would aid “a multi-stakeholder discussion” at national and global levels on revenue sharing.…
INTERNATIONAL SUGAR ORGANISATION WANTS TO WORK WITH CONFECTIONERS IN FIGHTING ANTI-SUGAR JUNK SCIENCE
The executive director of International Sugar Organisation (ISO) wants his body “to work more with the confectionery sector”, as it strives to debunk junk science that derides the nutritional value of sugar. José Orive told Confectionery Production that ISO wanted to succeed in presenting “scientific evidence-based information” about sugar’s health impact so the reputation of confectionery products is not “blackened with funky fake data”. …
ARGENTINA VALUES DIGITAL TEXTILE PRINTERS – BUT TEXTILE FINISHERS STRUGGLE TO AFFORD THEM DURING STEEP RECESSION
While Argentina’s textile industry is poised for growth over the next few years, the expansion of its use of digital printing will probably lag as companies recover from a deep recession in 2020 caused by Covid-19 and underlying economic weakness, executives said. …
ENERGY COMPANIES TAKE SPECIAL CARE TO REDUCE SPREAD OF COVID-19 WITHIN THEIR FACILITIES
AS governments worldwide loosen lockdowns imposed to impede the spread of Covid-19, energy companies are assessing their health and safety policies to ensure workplaces are not new infection hotspots, protecting workers and hence production.
These changes come as energy industries downscale workloads to reflect a collapse in demand for their output.…
COVID-19 DISRUPTS ANTICIPATED STEADY GROWTH IN 2020 WITHIN LATIN AMERICA BEAUTY SECTOR
THE COVID-19 crisis has severely depressed sales of personal care products within Latin America and it is unclear when the market will pick up.
In Argentina, for example, a coronavirus-induced lockdown has pushed the economy deeper into recession, slashing sales of most unessential beauty and personal care products.…
BRICS COUNTRIES’ CAN SECTORS LARGELY REMAIN OPEN DURING COVID-19 CRISIS AS IMPORTANT PART OF FOOD CHAIN
AS a key part of the food production supply chain, the international can manufacturing and filling industry has largely stayed open, with some exceptions, during the Covid-19 crisis, not just in developed economies, but also in key emerging markets such as the BRICS countries.…
COVID-19 SUPPLY CHAIN FINANCES NEED GOVERNMENT LUBRICATION TO AID RECOVERY SAY EXPERTS
WHEN a crisis such as the Covid-19 pandemic hits a supply chain as complex as the clothing sector, financing problems can gum up commercial relationships, so in the short term, governments, along with regional and international organisations, need to step in.…
BRAZIL WHISTLEBLOWING UPDATE
There is, however, much less protection in Latin America. In Brazil, the country’s justice and public security minister Sérgio Moro left the job in April accusing President Jair Bolsonaro of interference with federal police work. By doing so, he effectively became a whistleblower himself, but his suggestions on the topic are far from being the law of the land.…
TOP 10 MONEY LAUNDERING CASES
- 1MDB SCANDAL IN MALAYSIA SEES USD BILLIONS STOLEN AND HIDDEN
Malaysia 1MDB scandal is one of the largest money laundering cases ever, worldwide, with Malaysian courts considering charges over how at least USD4.5 billion was stolen and then spent or laundered from Malaysian sovereign wealth fund 1Malaysia Development Berhad by former Prime Minister Najib Razak and his associates.…
CONFECTIONERS INNOVATE TO INCREASE SHARE OF NATURAL INGREDIENTS IN PRODUCTS AS CONSUMER TASTES FAVOUR SUSTAINABILITY
THE TREND towards consumers buying confectionery made with natural ingredients is gathering pace, with research from Germany-based international food ingredients-maker Döhler saying that worldwide more than 50% of confectionery consumers now want a “healthier” product and more than 60% “value natural ingredients”.…
AMERICAS JURISDICTIONS BUILD WHISTLEBLOWER PROTECTIONS, BUT AT VARYING SPEEDS
THE ROLE of whistleblowers in the Americas has been given special attention in since last August, when an intelligence officer lodged a complaint with the Intelligence Community Inspector General about a phone call by President Donald Trump to Ukraine President Volodymyr Zelensky pressuring him to open an investigation into alleged corruption by former vice-president Joe Biden.…
BRAZILIAN ANTI-GRAFT TZAR QUITS BOLSONARO GOVERNMENT
Brazil’s graft-busting justice minister Sergio Moro has resigned from President Jair Bolsonaro’s government, accusing him of meddling in federal police efforts to fight corruption for political gain. Moro stood down April 24 after Bolsonaro fired the federal police chief, Maurício Valeixo, because newspaper, Correio Braziliense claims an investigation into fake news and anti-democracy protests was homing in on the President’s son, Carlos Bolsonaro.…
AFRICA’S CIVIL AVIATION SECTOR GROWS, BUT FACES CHALLENGES TO BUILD SUSTAINABLE REGIONAL MARKET
AFRICA is commonly hailed as the world’s next big focus of economic growth, but for the civil aviation industry, this prospect will require significant investment in new intra-African routes and related airport and ATC infrastructure. It will also require governments to remove immigration barriers preventing African air travellers flying to other countries on their home continent.…
PACE OF CASES IN BRAZIL’S CAR WASH PROBES SLOWS AS ITS FORMER JUDGE ACCUSED OF WRONG-DOING DURING INVESTIGATIONS
For almost six years the federal prosecutors, policemen and judges of Brazil’s Operation Car Wash (Lava Jato) were hailed as anti-corruption heroes. Their spectacular raids and testimonies led to scores of politicians and businessmen jailed throughout Latin America, and especially in Brazil.…
AIRBUS HIT WITH EUR3.6 BILLION IN COMBINED UK, US AND FRENCH FINES
Airbus is to pay out EUR3.6 billion (USD4 billion) under a trio of deferred prosecution agreements (DPAs) with British, French and United States authorities that were simultaneously agreed by national courts January 31 as part of a global resolution over bribes to clinch civil and military aircraft sales.…
MIDDLE EAST DAIRY MARKET GROWS AND BECOMES MORE SOPHISTICATED AND PRODUCERS MUST RESPOND, CONFERENCE TOLD
WITH Middle East dairy sales expanding steadily, dairy suppliers from around the world are targeting its consumers, hoping to gain a foothold in an increasingly diverse marketplace that is often open to innovation.
Dairy Industries International attended the 4th Global Dairy Innovation Congress MENA 2020, held in Dubai, the United Arab Emirates (UAE), from January 20-21, where participants were encouraged by sales projections as from market researcher Euromonitor International that the Middle East (and Africa) dairy market should expand at a compound annual growth rate (CAGR) of more than 3% between 2019 and 2023.…
NEW EUROPEAN GREEN DEAL INDICATES INTERNATIONAL AND REGIONAL PUBLIC POLICY WILL NOT QUIOT FINANCIAL BACKING FOR RENEWABLE ENERGY GROWTH
GLOBAL and regional public policies promoting environmental good practice and fighting climate change have long encouraged the growth of renewable energy production. And with concern about global warming sharpening, these goals – pushed by international and regional organisations and development banks – are here to stay.…
ITALIAN CHEESE CAUGHT IN AIRBUS-BOEING DISPUTE CROSSFIRE
RETALIATORY duties imposed by the USA in a trade dispute with the European Union (EU) over aeroplane subsidies will, argues Italian farmers union, Coldiretti, shrink Italian food exports to the US by 20%, with the Italian speciality cheese sector being the hardest hit.…
AMAZONIA'S DESTRUCTION COULD STALL THE EU-MERCOSUR DEAL’S BOOST TO TEXTILE TRADE WITH BRAZIL
AFTER 20 years of negotiations the European Union (EU)-Mercosur trade deal, which has boosted hopes for increased textile trades with Brazil, Argentina, Paraguay and Uruguay is at risk of being blocked ahead of its ratification.
Furious about ongoing deforestation and wildfires in Amazonia, EU countries, including influential countries France and Ireland, have warned that they are ready to block the deal because of alleged breaches by Brazil of its international environmental commitments.…
RUSSIAN DAIRY INDUSTRY FOCUSES ON QUALITY IMPROVEMENTS WHILE PROTECTION STILL LASTS
RUSSIA’S dairy industry has been trying to develop its size and sales while its government’s restrictions on European Union (EU) dairy imports remain, but there are questions about how well producers would cope with imports once these sanctions are, eventually, lifted.…
AMAZONIA'S DESTRUCTION COULD STALL THE EU-MERCOSUR DEAL’S BOOST TO TEXTILE TRADE WITH BRAZIL
AFTER 20 years of negotiations the European Union (EU)-Mercosur trade deal, which has boosted hopes for increased can and associated materials trades with Brazil, Argentina, Paraguay and Uruguay, is now at risk of being blocked ahead of its ratification.
Furious about ongoing deforestation and wildfires in Amazonia, EU countries, including influential countries France and Ireland, have warned that they are ready to block the deal because of alleged breaches by Brazil of its international environmental commitments.…
FIFTH ANTI-MONEY LAUNDERING DIRECTIVE AIMS TO PLUG CRITICAL CRYPTO REGULATORY GAPS
THE EUROPEAN Union’s (EU) fourth anti-money laundering directive had not even been implemented before Panama Papers revelations on massive tax evasion highlighted critical gaps in the bloc’s regulatory framework, especially regarding cryptocurrencies and prepaid cards. The result was directive (EU) 2018/843 of May 30, 2018 commonly known as the fifth anti-money laundering directive.…
INTERNATIONAL REGULATORY ROUND UP – EU-MERCOSUR TRADE DEAL SHOULD PROMOTE KNITWEAR SALES
THE TRADE in knitwear between the European Union (EU) and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay is likely to intensify under a new trade deal between the two regional groupings.
The agreement, which now needs ratification, will phase out all EU duties charged on industrial goods (including knitted clothing and inputs) over 10 years.…
STOLEN IDENTITIES READILY AND CHEAPLY AVAILABLE ON THE MAINSTREAM INTERNET
AN INCREASING number of so-called ‘digital doppelgangers’, faked digital identities, designed to bypass financial anti-fraud systems, are being traded online via the darknet and even the open internet, according to David Décary-Hétu, Assistant Professor at the School of Criminology at the University of Montréal, Canada.…
AROUND 56 MILLION PAID BRIBES FOR PUBLIC SERVICES IN LATIN AMERICA
More than one in five or around 56 million people who accessed public services in Latin America and the Caribbean last year paid a bribe, according to the latest 18-country survey from Transparency International. The police notched up the highest bribery rate (24%), followed by other public services such as utilities (19%). …
ELECTRIFICATION OF SHIPS A KEY STEP IN DELIVERING PARIS CLIMATE COMMITMENTS
Described by environmental campaigners as “the elephant in the COP21 negotiations room” when climate change proposals were agreed in Paris during 2015, today – the electrification of shipping is moving ahead apace.
From inland ferries to cargo barges and cruise ships, vessels are being built or retrofitted with renewable power propulsion sources, curbing the shipping industry’s major emissions.…
INTERNATIONAL REGULATORY ROUND UP – EU-MERCOSUR TRADE DEAL SHOULD PROMOTE FOOD, DRINK SALES
THE TRADE in food and drink between the European Union (EU) and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay is likely to intensify under a new trade deal between the two regional groupings. The agreement, which now needs ratification, will phase out Mercosur duties on 93% of EU exported food and drink product types, including those on wine (27%); spirits (20% to 35%); soft drinks (20-35%); chocolate (20%); biscuits (16 to 18%); canned peaches (55%).…
CONTINUOUS DYEING MACHINES OFFER CUTTING EDGE EFFICIENCY GAINS – BUT OUTSOURCE CENTRE FINISHERS MAY NEED SUBSIDIES TO AFFORD THEM
CONTINUOUS dyeing technology is being refined and improved and offering finishers worldwide the chance to improve their output efficiency, while reducing chemical, water and energy usage. However, emerging markets finishers can struggle to find the investment costs required to install this top-line cutting edge dyeing machinery.…
INTERNATIONAL REGULATORY ROUND UP – EU-MERCOSUR TRADE DEAL OFFERS EU CONFECTIONERS EXTRA SALES, BUT SUGAR PRODUCERS ARE WORRIED
A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, will open this emerging market to EU confectionery exporters, but Europe’s sugar sector fears increased Brazilian sugar exports. The agreement, which now needs to be ratified by both sides, will phase out Mercosur duties on EU exports of chocolate and sugar confectionery of 20%; biscuits (taxed at 20% to 35%); liquorice extract – 8%; and confectionery-making equipment – 14%.…
EU MERCOSUR DEAL OFFERS EUROPEAN AND SOUTH AMERICAN METAL PACKAGING SECTOR NEW TRADE OPPORTUNITIES
THE EUROPEAN metal packaging sector will be hoping that the newly negotiated European Union (EU)-Mercosur trade deal is ratified quickly, given it scraps import duties imposed by Brazil and Argentina on such exports of between 12% and 35%. These are the key markets in the South American trade bloc, that also includes comparative minnows Uruguay and Paraguay, whose protective duties shadow their larger Mercosur neighbours.…
BRAZIL TEXTILE SECTOR WELCOMES EU-MERCOSUR DEAL
BRAZIL’S textile industry has welcomed the new trade deal between the Mercosur bloc (of which Argentina, Uruguay and Paraguay are fellow members) and the European Union (EU) which was announced on June 28.
With existing tariffs having impeded trade in fabrics, yarn and fibre between the two blocs in the past, Renato Jardim, the superintendent of industrial and economic policy for Brazilian Textile and Apparel Industry Association (ABIT – Associação Brasileira da Indústria Têxtil e de Confecção) told WTiN.com:…
EU-MERCOSUR DEAL OFFERS EUROPEAN AUTO AND PARTS EXPORTERS MAJOR NEW MARKETS
THE EUROPEAN automobile manufacturing sector will be hoping that the newly negotiated European Union (EU)-Mercosur trade deal is ratified quickly, given it scraps import duties imposed by Brazil and Argentina on EU automobile exports of 35%.
This agreement has been welcomed by the European Automobile Manufacturers’ Association (ACEA), which noted that the South American trade bloc, which also includes Uruguay and Paraguay, is home to around 270 million people, where 3.3 million new cars were sold during 2018.…
ENERGY TRADERS COULD BENEFIT FROM NEW EU-MERCOSUR TRADE DEAL
EUROPEAN Union (EU) importer of liquid fuels should benefit from a trade deal struck between the EU and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay. The agreement will phase out all EU duties charged on industrial goods over 10 years.…
INNOVATIVE TECHNOLOGY AND MATERIALS HELP OIL AND GAS SECTOR CLEAN UP - AND SMARTEN UP - PROTECTIVE CLOTHING
As an industry much maligned for its heavy carbon footprint, the oil and gas sector is increasing its use of sustainable materials and manufacturing methods making textiles used for its protective clothing. This segment has also been focusing on improving the comfort and aesthetics of this apparel.…
EU ROUND UP - EUROPEAN PAINT EXPORTERS COULD BENEFIT FROM NEW EU-MERCOSUR TRADE DEAL
EUROPEAN Union (EU) exporters of paints, varnishes and other coatings should gain market share in South America through a trade deal struck between the EU and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay. The agreement, which now needs ratification by both sides, will phase out all EU duties charged on industrial goods (including paints and coatings) over 10 years.…
MINERALS TRADERS OFFERED BETTER ACCESS TO SOUTH AMERICA AND EUROPE UNDER EU-MERCOSUR TRADE DEAL
A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, should boost trade between the two blocs of industrial minerals. The agreement, which now needs to be ratified by both sides, will phase out all EU duties charged on industrial goods (including minerals and mineral items) over 10 years.…
BRAZIL BEEF EXPORTS TO UAE BOOM
Brazilian beef exports to the United Arab Emirates (UAE) saw an increase of 439.84% year-on-year in the first half of 2019, according to figures issued by the Dubai-based Arab Brazilian Chamber of Commerce. Brazilian beef sales to all Arab countries were up 47.62%.…
EU MERCOSUR DEAL LIKELY TO BOOST TRADE IN FINISHING CHEMICALS AND RELATED PRODUCTS
THE TRADE in textile finishing chemicals and products made with them between the European Union (EU) and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay is likely to intensify under a new trade deal between the two regional groupings.
The agreement, which now needs ratification by both sides, will phase out all EU duties charged on industrial goods (including dyes and other finishers) over 10 years.…
LATIN AMERICA’S PERSONAL CARE PRODUCT MARKETS REMAIN IN THE DOLDRUMS AS ECONOMIES PERFORM POORLY
IT has been another subdued year for the beauty and personal care product market in Latin America, as the region’s economy underperforms yet again after six years of deceleration (and in some countries outright recession), keeping a lid on sales growth. …
TOBACCO COMPANIES BID TO REDUCE THEIR CLIMATE CHANGE IMPACT
EVERY manufacturing and agricultural industry has an impact on climate change – and the tobacco sector is no different. Faced with long-standing criticism of the health impact of its products, the tobacco industry is now facing attacks that its work generates carbon emissions and hence climate change.…
WOLLASTONITE OFFERS GREAT POTENTIAL AS BASE FOR DEVELOPING CARBON EMISSIONS REDUCTION TECHNOLOGY
WOLLASTONITE has been described by a Canadian producer as “a white mineral for a greener world,” and it seems governments, businesses and industries agree – with wollastonite is set to see increased market growth in its traditional uses plus a new focus on its powerful qualities to help tackle climate change.…
METAL TRADERS OFFERED BETTER ACCESS TO SOUTH AMERICA AND EUROPE UNDER EU-MERCOSUR TRADE DEAL
A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, will boost trade between the two blocs of non-ferrous metals and related articles. The agreement, which now needs to be ratified by both sides, will phase out all EU duties charged on industrial goods (including metals and metal items) over 10 years.…
WOLLASTONITE OFFERS GREAT POTENTIAL AS BASE FOR DEVELOPING CARBON EMISSIONS REDUCTION TECHNOLOGY
WOLLASTONITE has been described by a Canadian producer as “a white mineral for a greener world,” and it seems governments, businesses and industries agree – with wollastonite is set to see increased market growth in its traditional uses plus a new focus on its powerful qualities to help tackle climate change.…
METAL TRADERS OFFERED BETTER ACCESS TO SOUTH AMERICA AND EUROPE UNDER EU-MERCOSUR TRADE DEAL
A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, will boost trade between the two blocs of non-ferrous metals and related articles. The agreement, which now needs to be ratified by both sides, will phase out all EU duties charged on industrial goods (including metals and metal items) over 10 years.…
PRESSURES GROW ONTO CHINA’S GOVERNMENT TO DO SOMETHING ABOUT PORK
AFRICAN swine fever (ASF) has been squeezing pork supplies in China to a point where the country’s political leadership fears upheaval, as reflected by the country’s government influenced social media restricting ASF-related discussion. Even academic articles, if ASF-themed, now require explicit regulatory approval before publishing, informed sources in China, who requested anonymity, told just-food. …
EU WINE AND SPIRITS EXPORTERS OFFERED NEW ACCESS TO SOUTH AMERICA UNDER MERCOSUR TRADE DEAL
A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, will open this emerging market to EU drinks exporters. The agreement, which now needs to be ratified by both sides, will phase out Mercosur duties on wine of 27%; whiskey and other spirits (taxed at 20% to 35%); and soft drinks (taxed at 20% to 35%).…
WALMART PAYS USD282 MILLION OVER FCPA VIOLATIONS
American mega-retailer Walmart has settled charges imposed by the USA Securities & Exchange Commission (SEC) that it violated the Foreign Corrupt Practices Act (FCPA) by failing to operate a sufficiently robust anti-corruption compliance programme as the retailer expanded rapidly internationally. Walmart has paid over USD144 million to settle the SEC’s charges and around USD138 million to resolve parallel criminal charges laid by the US Department of Justice, with the combined total topping USD282 million.…
INTERNATIONAL REGULATORY ROUND UP – ISO LAUNCHES NEW COCOA SUSTAINABILITY STANDARDS
THE INTERNATIONAL Organization for Standardization (ISO) has launched a series of standards designed to help the cocoa industry ensure its products are both sustainably harvested and processed, but also traceable across their supply chains. Its ISO 34101 series is designed to promote good environmental and labour practices in a sector that involves sophisticated confectionery companies, global commodity traders and small farmers, often in poor countries, notably in west Africa.…
ICCO MOVES TO AFRICA – BUT STILL BUILDING LINKS WITH MANUFACTURERS
IT is now two years since the International Cocoa Organisation (ICCO) headquarters moved from London to Abidjan, in Ivory Coast (Côte d’Ivoire) in July 2017, a move ICCO called a “turning point that will bear fruit in the years to come.”…
RUSSIA TELLS MEXICO AT THE WTO THAT ITS ANTIDUMPING DUTIES ON RUSSIAN STEEL ARE ILLEGAL AND OUTDATED
Russia has criticised Mexico at the World Trade Organisation (WTO) for maintaining anti-dumping duties on Russian steel exports, which it claims are outdated, being based on pricing assessments using data from a different country.
The Mexican government used this method for past dumping calculations on Russian steel because it is permitted under WTO rules where a government dominates an economy that does not operate as a free market.…
MEAT HAZARD ALERTS ROSE FAST WORLDWIDE IN 2018 SAYS REPORT MONITOR
FOOD hazard reports relating to meat and meat products have been rising fast worldwide, according to data released by HorizonScan, a global food safety database which gathers food safety and inspection alerts from more than 115 sources in more than 70 countries.…
MEAT HAZARD ALERTS ROSE FAST WORLDWIDE IN 2018 SAYS REPORT MONITOR
FOOD hazard reports relating to meat and meat products have been rising fast worldwide, according to data released by HorizonScan, a global food safety database which gathers food safety and inspection alerts from more than 115 sources in more than 70 countries.…
BRAZIL AUTO SECTOR HAPPY THAT ROUTE 2030 PLAN IS OPERATIONAL
BRAZIL’S automotive industry sector is optimistic about the future, now that the new government of right-wing President Jair Bolsonaro has left the new Route 2030 package of industrial incentives untouched.
The President, who assumed office on January 1, had criticised Route 2030 (Rota 2030 in Portuguese) last November (2018), as a potential waste of money.…
FATF INTERVIEW – PLENARY – FATF GAINS PERMANENT AML/CFT MANDATE
THE FINANCIAL Action Task Force (FATF) has been given an open-ended rolling mandate for the first time, with member governments underlining its value as the world’s premier AML/CFT international organisation. This decision – made in April – follows FATF’s latest February 20-22 plenary, where important issues such as the AML/CFT records of China, Iran and Brazil were discussed as well as fighting the continuing terror finance threat posed by Islamic State.…
SUPERFRUITS OFFER BEAUTY BRANDS EXOTICISM AND FUNCTIONALITY
SUPERFRUITS offer personal care product brands lots of marketing muscle, delivering an image of exoticism, as well as offering real functional benefits.
As a result, beauty companies have been willing to trawl the world for new super fruit ingredients to give their lines a competitive edge.…
AIRLESS TECHNOLOGY OFFERS BEAUTY BRANDS WAY TO COMBINE FUNCTIONALITY WITH SUSTAINABILITY
GROWING consumer and regulatory demand for more sustainability in consumer markets is redefining the packaging sector, and beauty segment is no exception. As a result, airless packaging – while sometimes expensive – offers virtues such as the ability to preserve product freshness, minimal oxidisation, low wastage and efficient dispensing, that can dovetail with greening market trends.…
INTERNATIONAL REGULATORY ROUND UP – CAOBISCO WARNS EU CONFECTIONERY EXPORTERS MAY STRUGGLE TO EXPLOIT JAPAN TRADE DEAL
THE EUROPEAN Union (EU) chocolate, biscuit and confectionery industry association CAOBISCO has raised concerns that EU exporters will be unable to exploit the reduction of Japanese tariffs under the EU-Japan Economic Partnership Agreement (EPA), in force since February 1. CAOBISCO is concerned about how the deal includes rules of origin forcing its members to demonstrate how they source specific volumes of ingredients from the EU, rather than their value, which would be easier to demonstrate.…
EUROPEAN COMMISSION APPROVES TAKE OVER OF GATWICK AIR[ORT BY FRANCE’S VINCI AIRPORTS
THE EUROPEAN Commission today (March 18) gave competition law approval for France’s VINCI Airports to take over control of London Gatwick Airport from current owner Ivy Topco Ltd, a Cayman Islands registered company.
The European Union (EU) executive, acting as the EU’s senior competition authority, approved the deal which would see VINCI acquiring 50.01% of the issued share capital of Ivy Topco.…
LEADERS IN MARINE SEISMIC SURVEY SUGGEST CONTINUED RECOVERY IN A STILL TOUGH MARKET
RECOVERY in the global marine seismic survey market for oil and gas E&P (exploitation and production) is entering its third year, with the surviving leaders in the sector starting to sound more optimistic after making painful adjustments.
Business intelligence provider Visiongain (London, UK) estimated the value of the global marine seismic acquisition and equipment market at USD5 billion in 2018, far below the USD8 billion it estimated in 2014, but nearly 15% higher than in 2017.…
TRADE-BASED MONEY LAUNDERING TO RISE AS IRAN SEEKS TO EVADE NEW USA SANCTIONS
TRADE-based money laundering (TBML) continues to be a complex typology that is tough for law enforcement to detect and ML regulators to control.
The risk is that with Iran being subject to new USA sanctions, the use of TBML is going to grow in the short term, warn experts.…
INTERNATIONAL REGULATORY ROUND UP – BREXIT SPARKS CONCERN OVER RELATED EU IMPORT QUOTA REDUCTIONS
TRADING partners with the European Union (EU) are concerned about the EU cutting the size of low duty import quotas once Britain quits the bloc, which it is scheduled to do on March 28.
The EU has released detailed plans to reduce the amount of some goods it allows into the EU, to take account of Britain exiting the single European market.…
WOOL INDUSTRY NEEDS TO GIRD ITS SUSTAINABILITY REPUTATION – IWTO MEETING TOLD
THE WOOL industry worldwide needs to bolster its reputation for sustainability, amidst increasing siren attacks on its marketing position from animal rights and environmental activists, the 2018 International Wool Textile Organisation (IWTO) Wool Round Table, in Buenos Aires, Argentina, heard this month (December 3-4).…
TRADE WAR OR NOT, CHINA SEEKING ALTERNATIVES TO US SOYBEANS
The US and China at the G20 meeting in early December settled for a 90-day suspension of their bilateral trade war including a halt to any additional tariffs, but sourcing patterns are not going to become business-as-usual any time soon for China’s soybean sector.…
CHINESE PERSONAL CARE PRODUCT MARKET MATURES AS ONLINE SALES BOOM
It is hard to avoid either a cosmetics store or an advertisement for one in Chinese cities today. A mind-boggling wave of new retailers set up by investment firms to cash in on the cosmetics and personal care boom are eagerly seeking franchisees around the country.…
INTERNATIONAL REGULATORY ROUND UP - RETALIATORY DUTIES ON USA CONFECTIONERY AND INGREDIENTS EXPORTS CHALLENGED AT WTO
THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling sought by the USA on whether retaliatory duties imposed by the European Union (EU), Canada, China, and Mexico on US confectionery and sweet bakery and associated ingredient exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…
OECD TRANSFER PRICING CHIEF PREPARES TO ADVISE ACCOUNTANTS ON VALUING MNC FINANCIAL TRANSACTIONS
THERE are few more complex accounting issues than transfer pricing (TP), and as the world’s economy becomes more integrated and tax jurisdictions impact each other, experts such as the OECD’s Tomas Balco are increasingly in demand.
Heading the OECD’s transfer pricing unit in the organisation’s Centre for Tax Policy and Administration, Balco commands an almost encyclopaedic technical knowledge of tax.…
TECHNICAL ROUND UP – BRAZIL TOLD TO SCRAP MANUFACTURING TAX BREAKS
*Brazil has been told to reform tax breaks given to Brazil-based manufacturers of automobiles and information technology products. The World Trade Organisation’s (WTO) appellate body has ruled that they break WTO rules on giving special tax favours to domestic producers over importers.…
ICAO BUDDY SYSTEM HELPS EMERGING MARKET COUNTRIES PREPARE FOR CORSIA
A BUDDY training system has been launched by the International Civil Aviation Organisation (ICAO), enabling countries with significant regulatory capacity to help other states prepare for the upcoming CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) scheme. ICAO has been training national officials to advise on ensuring CORSIA’s legal requirements are written into local laws and also on building the emissions data monitoring, reporting and verification systems they need to measure their airlines’ carbon footprint.…
GLOBAL SHIFT TOWARDS BLOCKING ANIMAL TESTING ON COSMETICS CONTINUES TO ROLL FORWARD
MPs in Canada have returned to their House of Commons after the traditional summer break, when they are expected to vote on a draft law, the Cruelty-Free Cosmetics Act, that would ban the testing of cosmetics and their ingredients on annals in Canada and block the sale of personal care products that have been assessed using such techniques.…
EU ROUND UP – KEY COATING CHEMICALS BRANDED AS HARMFUL BY EU AGENCY
AN INDUSTRIAL chemical used to make paints, primers, varnishes and coatings should be regarded as carcinogenic and regulated accordingly, a European Chemicals Agency (ECHA) committee has concluded. Its committee for risk assessment (RAC) said that exposure butanone oxime carried this risk as well as causing drowsiness or dizziness if swallowed and being harmful in contact with skin, could cause damage to the upper respiratory tract after a single exposure and damage to the blood system through prolonged or repeated exposure.…
IRELAND’S DAIRY INDUSTRY GOES GLOBAL AND DIVERSIFIES, AS IT SEEKS INSULATION FROM BREXIT DISRUPTION
The recent sight of a Chinese internet celebrity in a milking parlour in Limerick could be a hint of what the future holds for Ireland’s increasingly international dairy industry. Xiao Lu Yu, one of the ‘influencers’ who monetise Chinese social media (see https://m.weibo.cn/status/4279583182420503…
CARS AND AUTOPARTS MAKERS HOPE EU-MERCOSUR TRADE TALKS WILL BREAK THROUGH
EUROPEAN Union (EU) and Mercosur negotiators went into crucial trade talks in Uruguayan capital Montevideo September 10-14, cheered on by automakers on both sides who want a deal, even though there are tough technical issues to resolve. The round is another bid to smash the deadlock over a future trade pact between the EU and the four founding Mercosur nations – Argentina, Brazil, Paraguay and Uruguay. …
US COTTON EXPORTERS FRET OVER TURKEY CURRENCY COLLAPSE AND TRADE DISPUTE WITH WASHINGTON
A senior figure in the American cotton industry has told just-style of his concern that Turkey’s collapsing currency and trade disputes with the US government will cause it to import less US-made cotton.
The Turkish lira – TRY has dropped in value by 45% this year – indeed last September 12, USD1 bought TRY3.43, this September 11, it bought TRY6.43.…
ONLY 11 MAJOR EXPORTING COUNTRIES PUNISH COMPANIES FOR GRAFT
A new report from Transparency International has found that only 11 major exporting countries in the world significantly punish companies that pay bribes abroad. The report, called ‘Exporting Corruption’, also found that more than half of world exports come from at least 33 jurisdictions, including several European Union (EU) member states, where companies that export corruption along with their goods and services face weak consequences. …
BRAZIL’S PETROBRAS SETTLES BRIBERY CHARGES
BRAZILIAN state energy giant Petróleo Brasileiro SA (Petrobras) has settled bribery charges with USA and Brazilian law enforcement agencies, agreeing to pay an eye watering USD1.78 billion to resolve outstanding accusations.
However, USD933.4 million of this will be credited by the USA’s Securities & Exchange Commission (SEC) to Petrobras, taking into account money disgorged under a previous settlement of a securities class action lawsuit in the United States.…
INTERNATIONAL REGULATORY ROUND UP – CHINA PLANS TO HIT AMERICAN CONFECTIONERS WITH TARIFFS
THE CHINESE government has directly targeted the American confectionery and related ingredients sector in its latest tit-for-tat response in the trade wars launched by US President Donald Trump. Beijing has highlighted these goods as products that may become subject to retaliatory tariffs, should the USA impose a threatened third list of duties on Chinese tech, drafted over alleged thefts of American IP.…
NAVBLUE WORKS WITH BOGOTÁ AIRPORT TO RESHAPE AIR SPACE MANAGEMENT AND BOOT CAPACITY
AN INNOVATIVE air traffic management switch from land-based ATC services using classic vectoring, to a performance-based navigation (PBN) arrangement using airliner satellite positioning and RNP-AR (required navigation performance – authorisation required) has dramatically increased the traffic capacity of El Dorado International Airport, Bogotá, Colombia.…
ASIA PACIFIC TECHNICAL TEXTILES CONTINUE TO GROW – BULK OUTPUT RISES IN CHINA, WHILE JAPAN AND SOUTH KOREA CHASE NICHES
THE ASIA-Pacific technical textiles sector is still robust – with China’s industry continuing to grow, with bulk products still a focus. Meanwhile, more developed economies such as South Korea and Japan keep honing their output, looking for specialist niches and edges created by innovation.…
EU BEEF, SHEEP AND GOAT MEAT EXPORTS FALLING FAST, SAYS EUROPEAN COMMISSION
THE OUTLOOK for European Union (EU) beef, sheep and goat meat imports looks bleak, with sales tumbling, according to an EU agricultural markets 2018 and 2019 forecast released by the European Commission.
Beef exports started falling by December 2017, and this has continued into this year, with exports almost 15% lower in the first four months of 2018 year-on-year.…
INVESTMENT GROWS IN EMERGING MARKET NONWOVENS AS GLOBAL GROWTH EXPECTATIONS RISE
THE NONWOVENS sector has always been at the cutting edge of materials production, and so established developed economy manufacturers have often had the edge. But with global markets integrating, and emerging economies becoming increasingly sophisticated, new nonwovens manufacturing bases are growing all the time.…
CANADA ALUMINIUM ASSOCIATION TO REQUEST REMOVAL OF RE-EXPORTED ALUMINIUM LINES FROM CANADIAN RETALIATORY DUTY LIST
THE ALUMINUM Association of Canada is assessing the list of aluminium products that could be subject to retaliatory duties following the USA’s imposition of tariffs to identify lines that maybe re-exported multiple times during complex manufacturing processes. The industry group will request that these lines are reduced from the Canadian government safeguard duty list.…
REGULATORY CONVERGENCE OF COSMETICS LEGISLATION WILL HAPPEN – BUT SLOWLY, SAY EXPERTS, COSMETICS EUROPE MEETING HEARS
ACHIEVING regulatory convergence in the USD465 billion global cosmetics industry (Euromonitor 2017 figures) is an important long-term goal, industry experts agreed at European personal care product association Cosmetics Europe’s June 13-14 annual conference 2018 in Brussels. Europe is a key market for this industry – providing EUR77.6 billion’s worth of personal care product sales last year, and supporting more than two million jobs, said Cosmetics Europe president Loïc Armand, also president of L’Oréal France.…
BEAUTY AND PERSONAL CARE TAKES A BACK SEAT AS LATIN AMERICAN ECONOMIES STRUGGLE OUT OF RECESSION
THE LATIN American personal care product market, buffeted in recent years by economic and political instability, looks back on track, with trouble-spots such as Venezuela being very much an exception to overall progress.
Data released by market researcher Euromonitor International has said that the region’s beauty and personal care product sales in 2017 topped USD65 billion in 2017, growing by 42.5% between 2012 and last year.…
INTERNATIONAL REGULATORY ROUND UP – TRADE WARS THREATEN CONFECTIONERY AND SWEET BAKERY SECTOR
THE INTERNATIONAL Cocoa Organisation (ICCO) has released an ambitious policy plan designed to steer the industry towards sustainability. Called the Berlin Declaration, having been released at the fourth World Cocoa Conference, of governments, farmers, traders, grinders, processors, manufacturers, researchers, trade unions, civil society organisations, trade unions, consumer organisations, it says higher farm gate prices should be paid.…
ASIA REGULATORY ROUND UP - MALAYSIA ZERO RATES GST AFTER OPPOSITION WINS ELECTION
THE MALAYSIAN government has effectively scrapped the country’s Goods & Services Tax (GST) reducing its rate from 6% to 0%, effective June 1. The move follows the election of a new administration under former opposition alliance Pakatan Harapan, defeating the incumbent Barisan Nasional.…
ARGENTINE AUTO SECTOR’S HOPES FOR STELLA 2018 DASHED BY PESO CURRENCY COLLAPSE
Argentina’s auto industry had expected a near record year in 2018, but unexpected financial problems that have hit the country in the past month could push the economy into recession and dampen local demand for cars.
These problems are a far cry from the optimism expressed on April 4, when the heads of three carmakers spoke bullishly about production and sales growth at a business conference staged in Buenos Aires by economic consultancy Invecq Consulting. …
FATF SAYS NEW TERROR FINANCE OPERATIONAL PLAN WILL CLARIFY RISKS POSED BY VIOLENT GROUPS
WITH the Financial Action Task Force (FATF) about to hold a new plenary on June 27-29, jointly with the FATF-style regional body from the Middle East and North Africa (MENAFATF), the global AML body is assessing its new operational plan for terrorist financing.…
INDIA LAUNCHES WTO TRADE DISPUTE AGAINST THE USA OVER TRUMP METAL TARIFFS
The Indian government has launched a disputes proceeding at the World Trade Organisation (WTO), protesting at the USA’s imposition of duties of 25% and 10% on imports of India-made steel and aluminium products.
New Delhi argues that the tariffs, imposed on March 23 by the Trump administration to protect and expand American aluminium and steel production, break the WTO’s General Agreement on Tariffs and Trade (GATT) and its Agreement on Safeguards.…
BANGLADESH KNITTERS EYE NEW SPORTSWEAR NICHE
AS China’s retreat from mass market clothing production continues, Bangladesh knitters are eyeing another added value knitwear niche – sportswear. Following the industry’s success in boosting sales within the profitable lingerie segment, Bangladesh manufacturers are ramping up production in sports apparels, although some experts say that work is needed on boosting its supply chain, particularly of manmade fibres.…
EXPERTS REFINE FORENSIC LINGUISTICS TO DETECT FRAUD
TECHNIQUES for using forensic linguistics to detect fraud continue to be refined as experts debate the best and most reliable way to use such technology and practices. Indeed, specialists continue to disagree over how forensic linguistics should be used in the anti-fraud arena.…
USA TECHNICAL TEXTILE INDUSTRY BOOMS ON THE BACK OF TRAGEDY AND ECONOMIC GROWTH
TECHNICAL textile markets can be driven and shaped by a range of forces – from natural disasters, to technological change, economic developments and political movements. In the case of the USA, at present, the technical textile market and industry is being moved by all these influences at the same time.…
BRAZIL AND CHINA TOP LIST OF MOST FCPA INVESTIGATIONS
Brazil is by far the country most-named in American investigations for crimes against the US Foreign Corrupt Practices Act (FCPA), with China trailing behind in second place, according to the latest listing from a blog, FCPA Tracker. It says industries cited in the different FCPA probes tied to Brazil include power generation, waste management, oil and gas services, food production, steel manufacturing and telecommunications.…
BRAZIL TO DISPUTE EU RESTRICTIONS AGAINST POULTRY MEAT AT WTO
BRAZIL’s agriculture minister Blairo Maggi has announced his country, “the world’s second-largest producer and largest poultry exporter” wants to contest the European Union (EU)’s restrictions on poultry meat exports at the World Trade Organisation (WTO). The case could set an important world trade law precedent for poultry imports, regarding the extent to which importing countries can block trades over salmonella contamination.…
SUPPLY OF RENEWABLE ENERGY MINERALS POSES MAJOR HEADACHE FOR POWER SUPPLIERS
Unlike the limited range of minerals used in fossil fuel production, many minerals, metallic and nonmetallic, are used in renewable energy technologies. However, production is often low and concentrated in a limited number of countries – creating potential strategic supply problems.…
EU/WTO INTERNATIONAL REGULATORY ROUND UP – EU-MEXICO TRADE DEAL TO HELP FOOD EXPORTERS
EUROPEAN Union (EU) food and drink exporters could be major beneficiaries of a revised EU-Mexico trade agreement which will remove almost all bilateral tariffs left by a year 2000 deal. Under a new agreement struck in principle, Mexican import duties on EU exports of cheeses, such as gorgonzola and roquefort, and pasta (of up to 20%), will be removed, along with duties on chocolate and confectionery, (that can exceed 20%).…
BRASILIA UNHAPPY AS EUROPEAN COMMISSION DRAFTS BAN ON EU MEAT EXPORTS FROM BRAZIL
THE EUROPEAN Commission has proposed stopping 20 Brazilian companies exporting meat products into the European Union (EU), following a unanimous vote at the April 18-19 European Commission special committee of member state experts on plants, animals, food and feed.
A Commission spokesperson told GlobalMeatNews the measure delisting companies from those allowed to export poultry meat “relates to deficiencies detected in the Brazilian official control system”.…
INTERVIEW MOHAMED IRSHAD, HEAD OF GLOBAL INTERNAL AUDIT AMERICAS FOR SCHNEIDER ELECTRIC
Diversity – a theme very close to Mohamed Irshad’s heart – could not be embodied by a more appropriate person than the affable, youthful-looking 34-year-old head of global internal audit – the Americas, at French multinational Schneider Electric. Irshad is an Indian national who was born and raised in Dubai, studied in India, has lived in Paris and is now based in Canada.…
BRAZILIAN AND ARGENTINIAN TEXTILE TRADE STEADY DESPITE HIGH COSTS
TRADE in clothing and textiles between Brazil and Argentina has been growing, as manufacturers in these neighbouring South America countries rein in their comparatively high costs, according to international trade data. Brazilian textile and apparel exports to Argentina rose 4.9% to USD251 million in 2017 from USD239 million in 2016, while Brazil’s imports from its southern neighbour shot up 22.6% to USD86.9 million from USD70.9 million over the same period. …
BRAZIL SENATE MULLS LIFTING AMAZON BIOFUEL BAN
BRAZIL’S senate is debating a bill 626/2011 that could lift an existing ban on harvesting sugarcane in the country’s Amazon region to make ethanol fuel. The proposal has been supported by Brazil’s centrist President Michel Temer but opposed by environmental groups and the Brazilian Sugarcane Industry Association (UNICA – União da Indústria de Cana-de-Açúcar).…
DELAY IN GAME-DEFINING INCENTIVES PACKAGE CAUSES UNCERTAINTY FOR BRAZIL AUTOMAKERS
BRAZIL’S automotive industry is awaiting the final details and presidential sanction of a 14-year incentives program called Rota 2030, that will offer up to Brazilian Reals BRL1.5 billion (USD467.4 million) in annual tax credits sector-wide to auto and auto parts manufacturers selling cars in Brazil.…
METHANE HYDRATES STORE VAST AMOUNTS OF NATURAL GAS – BUT THEIR EXPLOITATION REMANS UNECONOMIC FOR NOW
International activity to understand and potentially extract natural gas from methane hydrates has intensified since 2010 with the continuation and launch of new research and development (R&D) projects and field production tests offshore and onshore, as shown in a new overview by Carolyn D Ruppel, chief of the gas hydrates project at the United States Geological Survey (USGS).(1)…
EUROPEAN COMMISSION STEPS UP ACTION AGAINST BRAZILIAN MEAT FRAUD
THE EUROPEAN Commission wants to delist all companies involved in the latest cases of fraud in Brazil’s meat sector from having access to European Union (EU) markets, the EU executive’s spokesperson for health and food safety Anca Paduraru has told GlobalMeatNews.…
BRAZIL’S TEXTILE SECTOR WOULD CONTRACT IF COUNTRY ABANDONS PROTECTIONISM, SAYS OECD
BRAZIL’S textile sector would contract, should the country abandon its protectionist policies, however, its added value clothing industry would perform better, an Organisation for Economic Cooperation & Development (OECD) report has concluded.
Noting that average tariffs levels weighted by imports are almost twice as high in Brazil as in Colombia and more than eight times higher than in Mexico or Chile, the report highlighted how around 450 tariff lines are at the maximum of 35%, including textiles, apparel and leather.…
BRAZIL LOSES COMMANDING POSITION IN GLOBAL TOBACCO LEAF MARKETS OVER PAST 10 YEARS, WTO DATA SHOWS
THE IMPORTANCE of Brazil as the world’s top supplier of internationally-traded tobacco leaf and manufactured products has been waning for the past decade, with India, notably, improving its position. New statistical analysis released by the World Trade Organisation (WTO) shows that this market share fall for Brazil also represented a decline in volume sales, given the global trade in tobacco leaf and products has shrunk since 2013 – until 2016, the year for which the latest data is available.…
MINERALS SECTOR NEEDS TO BURNISH COMMUNITY REPUTATION AS EXPLORATION INVESTMENT GROWS
INDUSTRIAL minerals companies need to better manage their communications in an increasingly interconnected world, the CEO of Brazil-based Nexa Resources S.A. told this year’s Prospectors & Developers Association of Canada (PDAC) convention.
In comments echoed by Canadian colleagues, Tito Martins, said he felt that the industry must change the way it engages with an expanding number of potential partners, from local communities and environmentalists, as well as regulators and financiers.…
DELTA GALIL - INNOVATION IS THE NAME OF THE GAME, SAYS CEO
IF there is a quality that gives many Israeli companies an edge internationally, it is innovation. And this trait can certainly be said to run through the work of Israeli apparel major Delta Galil, based in Caesarea, northern Israel.
“We could not succeed if we were not innovative” said Isaac Dabah, the company’s CEO of Delta Galil, in an exclusive interview with just-style, held at his office.…
INDIA’S RISE TO BECOME TOP BOVINE MEAT EXPORTER KEY FEATURE OF NEW WTO EXPORT SALES DATA
MAJOR shifts in the power of exporting countries within the meat and livestock sector in the past decade have been identified in new statistical analysis released by the World Trade Organisation (WTO). The global body has noted how India between 2006 and 2016 became a bovine meat export power house (notably in buffalo meat) with overseas sales rising from 79,400 tonnes (1.9% of world exports) to 1.2 million tonnes (18.7%) and the world’s largest exporter to boot.…
BRAZILIAN TEXTILE INDUSTRY FORECASTS CONTINUED GROWTH IN 2018
Brazil’s textile industry has reported an overall growth in sales of 3.2% for 2017, and even bigger increases are forecast for the year ahead. Latest data from the Brazilian Textile and Apparel Association (ABIT – Associação Brasileira da Indústria Têxtil e de Confecção) predicts an overall growth in revenues of 3.29% for the year 2018.…
SLUMP IN TOBACCO PRODUCTION - ZAMBIA FEELS THE PINCH.
WITH tobacco being a key driver of Zambia’s agriculture sector and a past reliable source of export earnings, a recent decline in leaf production has taken a heavy toll on this southern African country’s economy. Indeed, Zambia saw its agricultural foreign exchange earnings (of all farm-based products) fall by USD100 million in 2017, according to Zambia’s agriculture ministry.…
INTERNATIONAL REGULATORY ROUND UP – CHINA KNIT EXPORTERS EXPLOIT EU TRADE LOOPHOLES TO ENTER GREY MARKET
THE EUROPEAN Union’s (EU) financial watchdog, the Court of Auditors, has highlighted concerns about how Chinese knitwear exporters maybe exploiting loopholes in EU customs and VAT controls to evade paying proper amounts of these taxes.
In a report on shortcomings in EU import procedures, the court noted how Chinese traders were abusing EU customs procedure CP42, which allows an importer to bring goods into one EU member state without paying VAT, because they will be sold in another EU country.…
RUSSIA PLANS TO INCREASE BEEF EXPORTS FROM ARGENTINA AND OTHER LATIN AMERICAN STATES
THE RUSSIAN government has said it plans to significantly increase its beef exports from Latin American states (except from Brazil) to compensate for potential domestic supply shortages created by the existing ban on imports of meat from western countries and a recent ban on beef imports from Brazil.…
PETROBAS TO PAY OUT USD2.95 BILLION FOR CLASS ACTION LAWSUIT
Brazilian state-controlled oil giant, Petrobras, is offering to pay out USD2.95 billion to settle an American class action lawsuit by shareholders that lost money in the massive Brazilian corruption scandal uncovered in Operation Car Wash (Lava Jato). In a statement, Petrobras has said that the payout, which still needs to be agreed by a US federal court, is intended to resolve all pending and prospective claims against the company in the US, “eliminates the risk of an adverse judgment … and puts an end to the uncertainties, burdens and costs of protracted litigation.”…
EU AND BRAZIL TEXTILE INDUSTRY ASSOCIATIONS JOIN FORCES TO PUSH EU-MERCOSUR TRADE DEAL NEGOTIATORS TO HEED THEIR WISHES
EUROPEAN Union (EU) and Brazilian textile industry associations have joined forces to draw up common proposals to put to negotiators drawing up the clothing and textile chapters of a future free trade agreement (FTA) between the EU and Mercosur group of countries, consisting of Argentina, Brazil, Paraguay and Uruguay.…
TECHNICAL REGULATORY ROUND UP - OECD RELEASES TAX EXCHANGE DATA
OECD SAYS 49 JURISDICTIONS WILL AUTOMATICALLY EXCHANGE TAX INFORMATION THIS YEAR
THE IDENTITY of 49 jurisdictions that will automatically exchange tax information in 2017 under a global standard has been revealed by the Organisation for Economic Cooperation & Development (OECD).…
EU SUGAR QUOTAS MAY BOOST PRODUCTION IN THE SHORT TERM – BUT LONG-TERM IMPACTS REMAIN UNCLEAR
It has been weeks since quotas limiting European Union (EU) sugar production were scrapped on September 30, and while its impact has yet to become clear, experts agree that EU output will rise, at least in the short term. The EU executive, the European Commission is predicting that EU sugar production will increase 20% in the coming year.…
RUSSIA MAY INTRODUCE BAN ON PORK AND BEEF IMPORTS FROM BRAZIL THIS YEAR
THE RUSSIAN Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) may impose a ban on all imports of beef and pork from Brazil, the largest meat importer to Russia, in coming days over concerns about the detection of a forbidden hormone, government officials have warned.…
VATICAN STILL FACES WORK TO REDUCE ITS AML EXPOSURE
WHILE the Vatican City State and Holy See’s acceptance that their financial institutions could be exploited by money launderers is far more realistic than the denials of 10 years ago, a much-anticipated Italian court ruling has shown much work is needed to clear dirty money from these hallowed accounts.…
WTO FINDS ‘DISCRIMINATORY’ BRAZILIAN TAXATION BREAKS GLOBAL TAX RULES
THE WORLD Trade Organisation (WTO) appellate body is considering an appeal by Brazil against a WTO disputes panel ruling that a wide range of Brazilian tax systems, designed to promote domestic production and exports, breach global trading agreements. The WTO backed Japan and European Union (EU) complaints that these discriminate unfairly against non-Brazilian competitors.…
INTERNATIONAL REGULATORY ROUND UP – CHINA SUGAR DUTIES CHALLENGED AT WTO
CHINA’S imposition of temporary safeguard duties to protect its sugar industry have been challenged at the World Trade Organisation (WTO), with sugar giant Brazil arguing Beijing’s tariffs break global commerce rules. In a signal that Brazil might be considering launching a disputes case against China, diplomats for the South American country told a WTO safeguards committee meeting that the duties broke the WTO agreement on safeguards and the general agreement on tariffs and trade (GATT). …
FOOTBALL CORRUPTION TRIAL BEGINS IN NEW YORK
The trial of three former high-flying football executives kicked off in New York on Monday
(Nov 13). The former president of the Brazil Football Association (CBF) José Maria Marin;
former Paraguayan president of the South America football confederation (CONMEBOL)
Juan Ángel Napout; and former president of the Peruvian Football Association (FPF) Manuel
Burga are all charged with racketeering and bribery over TV rights to the Copa América and
Copa Libertadores football tournaments.…
MULTIFACETED APPROACH NECESSARY TO TACKLE SUSTAINABILITY, SAY TEXTILE INDUSTRY LEADERS
Contrary to common perceptions, fast fashion is not a fad in itself, indeed according to Sebastian Boger, a principal at the Boston Consulting Group (BCG), this swift industrial response to changing clothing market trends is here to stay. However, Boger advised the International Apparel Federation (IAF) World Fashion Convention, at Rio De Janeiro: “There’s still a long way to go before it’s a fully sustainable industry, in terms of social, environmental and ethical pulse.”…
PERSONAL CARE PRODUCT SECTOR GETS AHEAD OF PARIS AGREEMENT CLIMATE DEMANDS, DESPITE TRUMP WITHDRAWAL
Multinationals and suppliers in the personal care product sector are unilaterally implementing measures to reduce their carbon footprint in the wake of the 2015 Paris climate treaty, taking steps to reduce energy use, their impact on forests and cutting water use and pollution.…
BRAZILIAN NANOTECHNOLOGY PROGRESS HELPS BUILD TEXTILE SECTOR REVENUES
BRAZIL may be the source of just 1.6% of all nanotechnology research papers across the world according to UNESCO (the United Nations Educational, Scientific and Cultural Organisation), but it remains a leader among its Latin American neighbours due to its National Nanotechnology Programme.…
BRAZILIAN SOLVAY WING PROSPERS FROM INNOVATIVE ECO YARN SALES
THE BRAZILIAN arm of Brussels-based speciality chemical firm Solvay says that it is prospering in Brazil though sales of biodegradable polyamide yarn Amni Soul Eco, reflecting the demand for bio-based materials and products in Latin America’s largest country.
Renato Boaventura, CEO of the Brazil Rhodia Solvay Group’s ‘fibras global business unit’ told WTiN.com…
BRAZIL DIGITAL TEXTILE COMPANY PROSPERS FROM BUILDING DOMESTIC BRANDS WITH BRIGHT FABRICS
‘Colourful’,’ young’, ‘big’ and ‘clever’ are words often bandied about to describe the positive qualities of Brazil, and they certainly could be used to define La Estampa, a Brazilian textile company specialising in digital print B2B.
With a global print capacity of 25,000 metres per day, La Estampa is able to punch its weight in global digital textile markets.…
VIETNAM TEXTILE EXPORTERS LOOK TO ASIA TO BOOST SALES
VIETNAM’S textile and clothing and textile sector is looking to sell more product into Asian markets such as South Korea, Taiwan, Singapore and Japan, while solidifying its traditional export bases like the US and EU, the latest trade data indicates.
Last year, Vietnam exported USD2.28 billion’s worth of clothing and textiles to South Korea – a 7.45% gain compared with 2015, according to Vietnam customs data analysed by the Vietnam Textile and Apparel Association (VITAS). …
INTERNATIONAL REGULATORY ROUND UP - LIFTING EU'S SUGAR QUOTA SHOULD INCREASE PRODUCTION BY 20%
RESTRICTIVE quotas limiting European Union (EU) sugar production to 13.5 million tonnes have finally been scrapped, freeing producers to hit market demand. The abolition of the quotas from October 1 sees European Commission officials predicting that EU sugar production will increase 20% and reach 20.1 million tonnes for the next harvest.…
INTERNATIONAL REGULATORY ROUND UP – INDIAN CONFECTIONERY SECTOR GRAPPLES WITH NEW GST
CONFECTIONARY manufacturers in India are having to grapple with their products and ingredients attracting a wide range of tax rates under the country’s new goods and services tax (GST), which started to be levied from July 1.
India’s GST Council, a body representing the central and state governments, has been deciding which goods will be covered by the zero, 5%, 12%, 18% and 28% tax rates allowed under India’s GST legislation. …
RUSSIAN BEEF AND VEAL IMPORTS FALL AS CONSUMERS BAULK AT RISING PRICES
THE GLOBAL increase in commodity prices for beef and veal has dampened demand in Russia for imports of these meat products. The country’s agriculture ministry has said imports fell 18.6% this January-May compared to the same period in 2016, That was mainly due to a rise in import prices, which since the beginning of the current year have grown by almost 25%, said ministry officials.…
BRAZIL TEXTILE MARKET STRENGTHENS TIES WITH MENA COUNTRIES
THE LEAGUE of Arab States’ 22 countries have imported more Brazilian textiles and clothing between January and July of 2017 than during the whole of 2016, according to the latest industry figures from the Brazilian-Arabic Chamber of Commerce (CCAB – Câmara de Comércio Árabe-Brasileira).…
GRASSROOTS TRADERS SAY FOR BRAZILIAN CONSUMERS, MAKING MORE BRIGHT COLOURS AND BOLD PATTERNS EQUALS MORE SALES
TEXTILE finishers in Brazil should take heed of local consumers’ demand for complex and colourful design in fabrics, traders at SAARA, Rio de Janeiro’s biggest open-air market, have told WTiN.com.
Grassroots interviews at this market in the city’s historic centre said Brazil’s mass market fabric tastes eschew simplicity – the market, originally founded by immigrants at the end of the 19th century, is a medley of shopfronts selling everything from sports equipment and beach chairs to makeup and plastic jewellery.…
INDIAN LEATHER PRODUCERS FACE NEW REGULATORY THREAT
Leather exporters in the north Indian production hub of Kanpur (in Uttar Pradesh) are facing closure of their tanneries over environmental concerns, even as they are trying to overcome the shortage of raw hides and loss of business to Brazilian companies.…
INCREASED COMPETITION FROM ENLARGED SANTIAGO AIRPORT TO BRING DOWN THE COST OF AIR TRAVEL IN THE REGION
WORK is advancing on a major expansion of Santiago’s Pudahuel International Airport to cope with Chile’s rapidly-growing aviation market. But airlines feel they are bearing more than their share of the USD1 billion construction cost.
Officially known as Arturo Merino Benítez International Airport, the facility has been Chile’s gateway to the world since it opened 50 years ago.…
EUROPEAN MEAT PRODUCERS SADDENED BY RUSSIAN BAN EXTENSION, BUT PREDICT ALTERNATIVE EXPORT MARKETS WILL GROW
THE EUROPEAN Union (EU) meat industry has expressed disappointment over the decision by Russia to extend by 18 months its ban on EU exports of meat and meat products, but is optimistic that producers will continue finding alternative markets.
Leaders of EU farm industry association Copa-Cogeca and the European Livestock & Meat Trading Union (UECBV) stressed to GlobalMeatNews that the European Commission, food industry companies and EU member states had successfully adapted to Russia’s actions.…
RUSSIA MAY INTRODUCE BAN ON PORK AND BEEF IMPORTS FROM BRAZIL THIS YEAR
THE RUSSIAN Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) may impose a ban on all imports of beef and pork from Brazil, the largest meat importer to Russia, in coming days over concerns about the detection of a forbidden hormone, government officials have warned.…
BRAZIL’S HIGH TARIFF WALLS ARE FAILING TO ATTRACT FOREIGN INVESTMENT INTO TEXTILE SECTOR – WTO DATA SUGGESTS
BRAZIL maintains high tariffs on its textiles and clothing imports to encourage foreign investment, according to a new World Trade Organisation (WTO) trade review, but data inside a detailed report suggests this policy is proving ineffective.
“Clothing, textiles, and transport equipment continue to benefit from the activity’s highest tariff protection (35%), the main tool in an apparent tariff-jumping policy to attract FDI” (foreign direct investment), said the WTO.…
DIGITAL PRINTING WILL BE UNIVERSAL AROSS BRAZIL WITHIN 10 YEARS SAYS FINISHING BOSS
THE OWNER of a major digital printing business in Brazil has predicted that the country’s finishing sector will abandon traditional colouring techniques by 2027. Marcelo Castelão, the sole owner of La Estampa, a Rio de Janeiro-based printing company, told WTiN.com: “Within five to 10 years, the cylinders will be gone.…
END OF EU INQUIRY AGAINST JAGUAR LAND ROVER'S FACTORY IN SLOVAKIA STILL AWAITED
THE BURGEONING automotive manufacturing sector of central Europe’s Slovakia is paying close attention to an inquiry by the European Union (EU) executive, the European Commission, into how its government supports the sector. The upcoming decision by the Commission, which has powers to ensure national governments do not distort the EU’s single market by subsidising local industrial champions, could have significant implication for the future of Slovakia’s auto sector.…
EUROPEAN COMMISSION WARNS WINE AND SPIRITS TOP OF 2016 NEW TRADE BARRIER LIST
THE EUROPEAN Commission has reported that wines and spirits were the subject of more new foreign trade barriers to EU exports during 2016 than any other sector. Its ‘2016 trade and investment barriers report’ said there were seven such new restrictions.…
BRAZIL MEATPACKER FINED USD3.2 BILLION FOR BRIBING POLITICIANS
Brazilian prosecutors have fined the parent company of Brazil meatpacking giant JBS, J&F Investimentos, a record Brazilian Reals BRL10.3 billion (USD3.2 billion) for bribing 1,900 local politicians. Payments, which will start in December, will be spread over 25 years under a May 30 leniency agreement between J&F Investimentos and Brazil’s Federal Prosecution Service (MPF). …
BRAZIL COSMETICS SECTOR POISED FOR SLOW REBOUND
BRAZIL’S beauty and personal care market took a hit in 2016, as the world’s fourth-biggest beauty market struggled to emerge from its worst-ever recession amid political corruption scandals.
The outlook is for a slow recovery this year, as high unemployment keeps a lid on purchasing power in this market of 207 million people.…
SOUTH AMERICA PERSONAL CARE PRODUCT SECTOR STRUGGLES TO GROW AS ECONOMIES RECOVER AND GOVERNMENTS ABANDON LEFTIST CONTROLS
The macro-economic slowdown experienced by Latin America in recent years has thrown the brakes on what had been impressive growth in the beauty and personal care sector since the turn of the century.
Much of the region is now looking for ways to stimulate the sector, tempering ambitions by aiming for more gradual growth rather than runaway success.…
EUROPEAN NONWOVENS RECORD SOLID PERFORMANCE WITH NO NEGATIVE CONSEQUENCES FROM BREXIT OR TRUMP, YET
EUROPE’S nonwovens producers again served up a solid performance in 2016 against the background of (uneven and) uncertain trading conditions for the industry.
As usual, the just-published returns from EDANA, the representative organisation for the USD30 billion nonwovens industry in Europe, show some important national variations.…
GMN RELEASES ENGLISH TEXT OF TAPED CONVERSATION BETWEEN JBS BOSS AND BRAZILIAN PRESIDENT
THE RELEASE of a taped conversation between unpopular Brazilian President Michel Temer and CEO of giant meatpacker JBS has put the South American nation in another political turmoil only one year after its former President Dilma Rousseff was impeached.
The revelations have put heavy pressure for Temer to resign, who denies wrongdoing.…
BRAZIL’S LAVA JATO PROBE MUSHROOMS AND THREATENS FUTURE OF COUNTRY’S PRESIDENT
FOUR Brazilian presidents (including the incumbent), dozens of lawmakers, nearly all governors, mayors of major cities, members of the judicial system and of the press, have been tainted with corruption allegations by the sprawling Lava Jato probe. It has had global impact as one of the biggest scandals in history.…
PLANNED SOUTH AFRICAN AUDIT FIRM ROTATION SPARKS DISCORD AMONG ACCOUNTS
THE PLANNED introduction of mandatory audit firm rotation (MAFR) by the South African Independent Regulatory Board for Auditors (IRBA) has sparked widespread dissention within the country’s business and accounting communities This is despite that the reform’s goal is to strengthen auditor independence and audit quality and that there are some calls for the move to be brought forward from the current introduction date of April 1, 2023.…
EU TEXTILE INDUSTRY SAYS CUTTING BRAZILIAN IMPORT TARIFFS KEY TO BOOSTING TRADE
REDUCING Brazil’s excessive duty tariffs through renewed European Union (EU)-Brazil trade talks is essential to increase textile exports to the Latin American country, EURATEX (the European Apparel and Textile Federation) director general Francesco Marchi has told WTiN.com.
Decisions on tariffs are central to negotiations between the EU and Mercosur – the trading block of Argentina, Paraguay and Uruguay and Brazil (Venezuela was suspended from the group in December 2016).…
ARGENTINA TAKES FIRST STEPS TO SPUR ELECTRIC CAR SALES
Argentina’s electric car market is poised to take off this year as tax cuts and the installation of charging points spur consumer demand. This month (May), the government slashed import taxes on electric vehicles (EVs), and it’s “working on plans so that the infrastructure for these cars is in place,” Guillermo Dietrich, the national minister of transportation, told wardsauto.…
KINGPINS SHOW AMSTERDAM: TRANSFORMING THE INDUSTRY THROUGH TECHNOLOGY AND SUSTAINABILITY
Technological innovation continues to transform every step of the jeans industry from fibre blends, alternatives to indigo dyes, use of sustainable resources, and new developments in fit and finish. It was also a major focus of the Kingpins Show Amsterdam (April 19/20) denim showcase.…
TRUMP TRADE POLICY IS WILDCARD AS NORTH AMERICA FACES GROWING MARKETS FOR TECHNICAL TEXTILES – AT HOME AND ABROAD
Political uncertainty over US trade deals sparked by the ascension of President Donald Trump to power should be eased to avoid stifling innovation in the country’s technical textiles industry which could see it marginalised on the world stage, insiders have warned.…
USD2.7 BILLION IN SAO PAOLO PROPERTY LINKED TO OFFSHORE FIRMS
A Transparency International (TI) investigation has found 3,452 properties in São Paulo, Brazil, worth at least USD2.7 billion are linked to 236 companies registered offshore, raising red flags about the use of real estate for money laundering in Brazil’s largest city. …
LAVA JATO PLEA BARGAIN DOCUMENT RELEASE RELEASES DELUGE OF NEW HIGH PROFILE CORRUPTION CASES
THE RELEASE of dozens of plea bargain testimonies from executives at Brazilian constructor Odebrecht have sparked a flood of high profile criminal investigations for illegal graft within the country’s sprawling ‘lava jato’ (car wash) corruption probe. The inquiries that started looking into shady dealing at the state-run oil major Petrobras may now have reached a climax, with judges opening investigations into eight government ministers, 12 governors, hundreds of public officials and lawmakers and all of the country’s five living former presidents.…
MEXICO FACES USA TRADING UNCERTAINTY – BUT PERSONAL CARE PRODUCT SECTOR REMAINS OPTIMISTIC
THE DIFFICULTIES that have surged in the diplomatic relations between the Mexican government and the new US administration of President Donald Trump have increased uncertainty within the Mexican personal care product market and industry.
With Mexico facing US demands to renegotiate the North American Free Trade Agreement (NAFTA), with the risk of the US imposing temporary safeguard duties on Mexican exports to protect American manufacturers, companies in Mexico are seeking to boost domestic consumption.…
INTERNATIONAL REGULATORY ROUND UP – EFSA LAUNCHES SUGAR SAFETY STUDY
THE EUROPEAN Food Safety Authority (EFSA) has launched a comprehensive study into the healthiness of consuming sugar, that could guidance telling consumers when to stop eating sugary foods, such as confectionery. An ad-hoc working group with expertise in dietary exposure, epidemiology, human nutrition, diet-related chronic diseases and dentistry will examine the issue, along with Denmark, Finland, Iceland, Norway and Sweden, which requested the work.…
INTERNATIONAL TECHNICAL ROUND UP – EUROPE ANTI-CARTEL POWERS BOOSTED
EU PROPOSES BOOSTING ANTICARTEL POWERS OF NATIONAL EUROPEAN COMPETITION AUTHORITIES
A DIRECTIVE has been proposed by the European Commission that would ensure that national competition authorities across the European Union (EU) have a minimum level of powers enabling them to enforce EU antitrust laws.…
EUROPEAN NONWOVENS RECORD SOLID PERFORMANCE WITH NO NEGATIVE CONSEQUENCES FROM BREXIT OR TRUMP, YET
Europe’s nonwovens producers again served up a solid performance in 2016 against the background of (uneven and) uncertain trading conditions for the industry. As usual, the just-published returns from EDANA, the representative organisation for the USD30 billion nonwovens industry in Europe, show some important national variations.…
FRENCH MEAT INDUSTRY PREPARES RESPONSE TO CHINA’S LIFTING OF IMPORT BAN
EUROPEAN and French meat industry organisations are preparing to respond to China’s decision to lift its embargo on French exports of de-boned beef for animals. China is the second largest importer of beef worldwide: “We welcome the move in principle,” European Union (EU) farm body Copa-Cogeca’s secretary general Pekka Pesonen told GlobalMeatNews.…
BRAZIL ENVOY SAYS PROBES INDICATE NO HEALTH RISK ASSOCIATED WITH BRAZILIAN MEAT CORRUPTION SCANDAL
THE BRAZILIAN government is taking urgent and comprehensive action to fight corruption and collusion between food inspectors and Brazil’s meat industry, an envoy to Brussels has told GlobalMeatNews.
The first secretary of the Brazilian mission to the European Union (EU), Henrique Choer Moraes, Moraes said that until now, technical analyses of the problem has not indicated risks to public health.…
KINGPINS SHOW AMSTERDAM: MILLS AND CONSUMERS DRIVING INNOVATION AND DESIGN
This year’s Kingpins Show Amsterdam denim showcase heard that mills and consumers are driving technological innovation and design, rather than fashion houses. Recognition of the impact of social media on consumption; fabric wicking; as well as new blends and solutions devised to appeal to untapped consumer demands, were all highlighted.…
BETTER TIMES AHEAD FOR BRAZIL’S TEXTILE SECTOR SAYS ABIT
IS the Brazilian textile sector finally seeing an end to the contraction in sales and production prompted by the country’s recession? According to figures released by industry association ABIT (Association Brasileira de Industria Textil e Confecçao), the tide is turning and better times are ahead. …
EU AUTO SUPPLIERS PUSH FOR FTA WITH MERCOSUR, BUT SOUTH AMERICAN PARTS MAKERS MAY RESIST
Europe’s auto suppliers are pushing the European Union (EU) work harder to secure a free trade deal with the Mercosur bloc to end tariff barriers restricting the current EU exports of vehicles and parts to its South American member countries.
At present this trade with the four founding members of Mercosur – Argentina, Brazil, Paraguay, and Uruguay – is worth a mere USD8 billion.…
INTERPOL PROBE INDICATES ENDEMIC FRAUD ATTACKS ON BRAZIL MEAT SECTOR
INTERPOL is seeking international assistance in its own investigation into alleged frauds against the Brazilian poultry and pork industry, with a key industry association admitting the sector has been suffering from external attacks by fraudsters, GlobalMeatNews can reveal.
The international police agency has issued a ‘Purple Notice’ which means its 190 member countries are asked “to seek or provide information on modus operandi, objects, devices and concealment methods used by criminals”.…
BRAZIL FACES BEEF EXPORT INCREASE SAYS INDUSTRY ASSOCIATION
Brazilian overseas beef meat sales are set to grow in 2017, according to projections from the Associação Brasileira das Indústrias Exportadoras de Carne (ABIEC). “Our export forecasts for 2017 are USD5.5 to USD6 billion, said Antônio Jorge Camardelli, the ABIEC president.…
BRAZILIAN ASSOCIATIONS DEFEND THE QUALITY OF THEIR MEAT AFTER POLICE RAIDS
After a major investigation showed evidence of rotten and poor quality meats being consumed in Brazil and exported over the last two years, Brazilian meatpacking industry associations have now spoken out – accusing the police of exaggeration in its claims.
Speaking at a press conference in São Paulo, on Monday (March 20), Francisco Sergio Turra, head of the Brazilian Association of Animal Proteins (ABPA – Associação Brasileira de Proteína Animal), said that the country’s meat production standards follow international models.…
INTERNATIONAL REGULATORY ROUND UP – CETA DEAL WILL HELP EUROPEAN KNITWEAR BRANDS IN CANADA
THE EUROPEAN Union’s (EU) and Canada’s strong branded knitwear companies may benefit from additional mutual trade after the European Parliament’s approval and resulting signature of the Comprehensive Economic and Trade Agreement (CETA) between the two jurisdictions.
This long-negotiated and highly contested deal, which could apply from April as far as its key duty and quota liberalisation elements are concerned, will remove nearly 99% of tariffs on all goods traded between the EU and Canada and eliminate tax discrimination.…
SOUTH KOREA LIFTS SUSPENSION OF CHICKEN IMPORTS BY BRAZIL’S BRF
South Korea on March 21 lifted an import ban on chicken from BRF, a major Brazilian poultry exporter that has been at the center of a food safety scandal involving meatpackers allegedly paying off inspectors to overlook practices including processing rotten meat.…
CHINA MAY GET BETTER ACCESS TO EU POULTRY MARKETS AFTER WTO RULING
China may have forced the European Union (EU) to grant additional low tariff quotas, improving Chinese poultry exporters EU market access – albeit just for food containing processed duck. A ruling released yesterday (Tuesday March 28) by a World Trade Organisation (WTO) disputes settlement panel has ruled that the EU had insufficiently considered China’s poultry exporting prowess when allocating these quotas in 2012.…
EU SUSPENDS IMPORT LICENSES OF FOUR BRAZILIAN MEAT COMPANIES
The European Union (EU) has suspended meat imports from four Brazilian exporters, a European Commission official has confirmed to just-food. The official would not name the companies, but noted that the ban followed Friday’s Brazil federal police announcement that four out of 21 meatpacking companies had manipulated certificates for exports to European markets.…
AIRLESS PACKAGING INNOVATIONS AIM TO REDUCE COST AND CATCH CONSUMERS DESIRES FOR SUSTAINABILITY
THE USE of airless technology in packaging is largely about zero product waste, preserving product integrity and less packaging material – and it obviously gels well with the growing trend towards sustainability. That explains the uptake in this technology led by cosmetics packaging, industry experts argue.…
AGEING NUCLEAR WORKFORCE CAN BE REJUVENATED SUSTAINABLY WITH HELP OF GETI DATE
KEY MESSAGES
*The nuclear industry has an ageing staff and needs to recruit new professionals as they retire
*Its strong health and retirement benefits packages could help it attract the new staff it needs
*The nuclear industry outside north America has a strong expat component, making it easier for recruit staff from abroad
INTRODUCTION
The nuclear industry sector is facing some significant human resources challenges, but new research carried out by Airswift and Energy Jobline indicates that the nuclear sector can still compete for talent.…
EU/WTO INTERNATIONAL REGULATORY ROUND UP – EU CANADA CETA DEAL COULD BOOST TRANSATLANTIC CONFECTIONERY TRADE
THE TRADE in confectionery products between the European Union (EU) and Canada is likely to increase now the European Parliament has approved the EU-Canada Comprehensive Economic and Trade Agreement (CETA).
The vote – on February 15 (2017) – follows years of detailed negotiations and means that large sections of this trade deal can now come into force, maybe as early as April, as long as Canada stages its own vote in time.…
GERMAN PAINT AND COATINGS SECTOR SEES STEADY GROWTH AS AUTO INDUSTRY REMAINS STRONG
THE GERMAN paint and coatings industry is predicting that its sales will grow steadily in the coming year, as Europe’s largest economy continues its steady economic good fortunes.
The World Bank forecasts that 2017 gross domestic product (GDP) growth will be 1.6% and in 2018 it will be 1.5%.…
GERMAN PAINT AND COATINGS SECTOR SEES STEADY GROWTH AS AUTO INDUSTRY REMAINS STRONG
The German paint and coatings industry is predicting that its sales will grow steadily in the coming year, as Europe’s largest economy continues its steady economic good fortunes. The World Bank forecasts that 2017 gross domestic product (GDP) growth will be 1.6% and in 2018 it will be 1.5%.…
GLOBAL OLIVE OIL SECTOR BECOMES MORE DIVERSE AS EMERGING COUNTRY PRODUCERS DEVELOP OUTPUT
THE OLIVE oil industry has traditionally been dominated by some key major European players, notably Spain, Italy and Greece, but with global consumption rising, production is emerging in countries which have previously relied on imports.
International Oil Council statistics show how new production centres are being created.…
OVER TWO THIRDS OF COUNTRIES SEEN AS CORRUPT IN LATEST TI ASSESSMENT
MORE than two thirds of countries rated for public sector corruption in Transparency International’s latest Corruption Perceptions Index (CPI) failed to score 50, the halfway point between 0 and 100, with zero regarded as totally corrupt and 100 as unimpeachably clean.…
EVIDENCE OF ROLLS-ROYCE’ CORRUPT DEALINGS RELEASED AS JUDGE MANDATES BRITAIN’S LARGEST EVER COMMERCIAL CRIME PENALTY
A JUDGE yesterday (January 17) approved Britain’s largest ever commercial crime enforcement action – a GBP497.25 million (USD616 million) plus interest and GBP13 million costs (USD16.1 million) deferred prosecution agreement with the UK’s Serious Fraud Office (SFO). Sir Brian Leveson, President of the Queen’s Bench division, agreed the penalty for Rolls-Royce, covering covers 12 counts of conspiracy to corrupt, false accounting and failure to prevent bribery.…
ROLLS-ROYCE AGREES EXPENSIVE PENALTIES IN UK, USA AND BRAZIL OVER CORRUPTION CLAIMS
ROLLS-ROYCE has announced that it has reached deferred prosecution agreements (DPA) with the UK Serious Fraud Office (SFO) and the USA Department of Justice (DoJ), plus a leniency deal with the Brazilian government, to settle bribery and corruption claims. The agreements will see the company pay GBP671 million (USD808 million) in total, which will suspend prosecutions over alleged bribery and corruption involving intermediaries in overseas markets.…
DELOITTE BRAZIL AUDIT FAILINGS BRING USD8 MILLION FINE
The US auditing watchdog the Public Company Accounting Oversight Board (PCAOB) has fined Deloitte Brazil (Deloitte Touche Tohmatsu Auditores Independentes) USD8 million for falsifying audit reports, then trying to cover up the violations through more false documents and testimony. The PCAOB also banned Deloitte Brazil from taking on new audit work with in the United States until the independent monitor it appointed confirms progress on remedial benchmarks.…
INTERNATIONAL REGULATORY ROUND UP – SUGAR PRODUCERS WANT EU PROTECTION MAINTAINED, DESPITE TRADE DEAL TALKS
THE INTERNATIONAL Confederation of European Beet Growers (CIBE) and the European Association of Sugar Producers (CEFS-Comité Européen des Fabricants de Sucre) have jointly called on the European Union (EU) to continue protecting producers with import tariffs, even as the EU negotiates 12 trade deals affecting the food industry.…
BRAZIL TEXTILE TRADE WITH VENEZUELA COULD BE HARMED BY POTENTIAL MERCOSUR SUSPENSION
Brazil’s tumbling textile exports to Venezuela may fall further if the country is suspended from the south American trading bloc, Mercosur next month. (December, 2016)
According to World Bank data, Brazil’s textile and clothing exports to Venezuela peaked in 2011 at USD90.3 million but have been falling steadily ever since.…
EU PLOTS REFORMS TO ANTI-DUMPING AND COUNTERVAILING DUTY ASSESSMENTS
PROPOSED reforms to European Union (EU) rules on setting anti-dumping and countervailing protective duties could improve the ability of the EU to defend its auto industry and local suppliers from unfair cheap imports.
The changes would amend how the EU executive, the European Commission, calculates whether it can and should impose such duties, and if so – how high they should be.…
BRAZIL MEAT SECTOR WELCOMES BRAZIL-MALAYSIA MEAT TRADE DEAL
The Brazilian meat industry has welcomed a commercial agreement struck by their country’s government with Malaysia, that will encourage and enable Brazilian beef and chicken exports to this south-east Asian country.
Brazil’s ministry of agriculture, livestock and supply (ministério da agricultura, pecuária e abastecimento – MAPA) is now awaiting the result of a November visit of a Malaysia technical team who have inspected the country’s slaughterhouses and operators.…
GLOBAL ANTIBIOTIC RESISTANCE CONFERENCE WARNED OF GROWING TRADE BANS ON GROWTH PROMOTER-TAINTED MEAT
A SENIOR scientist warned an international trade conference in Geneva this afternoon (Oct 24) on anti-microbial resistance that rich countries will increasingly ban the import of meat from livestock fed antibiotic growth promoters. Jørgen Schlundt, Professor of Food Science and Technology, Nanyang Technological University, Singapore, noted the upcoming January 1 introduction of a ban on the use of most antobiotics as growth promoters within the United States meat and livestock sector, while the EU already has a comprehensive ban.…
PERSONAL CARE PRODUCT COMPANIES SEE TO SHORE UP MARKET POSITIONING WITH GREEN PACKAGING
PERSONAL care product and cosmetics manufacturers are continuing to invest in sustainable materials – such as responsibly-sourced cardboard and bio-plastics. Indeed, such green alternatives can boost sales in markets where consumers are increasingly concerned with the environmental impact of products. But packagers still face challenges in ensuring these meet the standards of their clients, particularly in premium sectors.…
BRAZIL’S MAJOR CORRUPTION INVESTIGATION NOW UNDER RISK
Brazil’s Lavo Jato investigation, the biggest corruption probe in the world today is at serious risk of ending in frustration, at least to observers wanting to see Brazilian politics and business cleaned from top to bottom. Mauricio Savarese reports from São Paulo.…
JAPANESE AUTO PAINT MANUFACTURERS SETTING UP FACILITIES IN THEIR TARGET MARKETS
Japan’s automobile manufacturers are increasingly looking to set up plants in – or, at least, very close to – their target markets, and paint companies with expertise in the auto coatings sector are following their lead.
“In 2015, the overall Japanese paints and varnishes market recorded 0.3 per cent growth, with producers struggling to remain competitive because production in Japan is pricier due to environmental requirements and higher labour costs,” said Andrius Balsys, a research analyst who monitors the paints sector for London-based market researcher, Euromonitor International.…
BRAZIL TEXTILE SECTOR SAYS OLYMPIC GAMES COULD HAVE GIVEN LOCAL MANUFACTURERS MORE WORK
BRAZIL’S textile industry is upset that the summer Olympic Games in Rio de Janeiro, and custom from its 500,000 foreign visitors, has failed to give its producers a significant shot in the arm, despite needing help during the country’s ongoing recession.…
SMALL NUMBER OF MEAT TRADERS PROSPER FROM RIO SUMMER OLYMPICS
MEAT retailers in Rio da Janeiro, Brazil, have expressed disappointment that the Olympic and Paralympic Games in August and September had a weak impact on sales, although a selected band of suppliers scored extra sales.
There were indeed many visitors: the city government of Rio announced 1.17 million tourists visited Rio during the games, 410,000 of them were foreigners, with big meat consumers USA, Argentine and Germany sending more than any other country.…
BRAZIL PIGMEAT EXPORTS SOAR AHEAD
BRAZIL’S exports of pigmeat are booming, with over January to July, volume sales overseas increasing 42.2% year-on-year compared to the same time period in 2016. The Brazilian Protein Association (Associação Brasileira de Proteína Animal) says that from January to July this year (2016), 413,300 tonnes have been exported, be it frozen or processed meat, including sausages.…
TEXTILE MATERIALS MANAGEMENT BRIEFING
COTTON
Cotton maybe one of the most popular fibres for clothing and accessories because of its universality, timelessness, and availability, but this past year has shown that the fibre is not immune to volatile economic markets. World cotton production fell by 17% to 21.65 million tonnes in 2015-2016, the lowest volume since 2003-2004, according to the International Cotton Advisory Committee (ICAC).…
TECHNICAL ROUND UP – BRUSSELS LAUNCHES TAX BLACKLIST ASSESSMENT
EUROPEAN COMMISSION LAUNCHES GLOBAL TAX AVOIDANCE BLACKLIST ASSESSMENT
THE EUROPEAN Commission has completed the first phase of an assessment designed to help the European Union (EU) frame its own blacklist of jurisdictions deemed un-cooperative over tax avoidance and evasion. Brussels has released a ‘scoreboard’ of non-EU jurisdictions judging whether they exchange information with foreign tax authorities, have preferential or low tax regimes, have close and important economic and financial links with the EU and are politically stable (and hence more attractive as a tax haven).…
TI FINDS EMERGING MARKET MULTINATIONALS ALLOW GRAFT TO THRIVE
Transparency International has found multinational companies in emerging markets like Brazil and Malaysia have such low corporate transparency levels that they allow corruption “to thrive”. In a new report “Transparency in Corporate Reporting: Assessing Emerging Market Multinationals – TI found 75% of companies in emerging markets scored less than 5 out of 10 on a transparency scorecard.…
SOUTH AMERICAN COSMETICS FIGHTING FALLING LOCAL CURRENCIES
South America’s cosmetics and personal care sector is looking to bounce back from a slowdown caused by the region’s macroeconomic troubles, but political pressures and regional trade alliances are driving individual country markets down divergent paths.
Over the last year, countries across the region have been buffeted by economic turmoil that has had a knock-on impact on the cosmetics sector.…
PAKISTAN TEXTILE SECTOR CALLS FOR END TO NEW COTTON IMPORT DUTY
Pakistan’s textile industry is warning of serious damage to the cotton-related businesses if a new 4% import duty currently charged on raw cotton for textile manufacturers serving domestic market is maintained.
“This policy will have a long term impact on the cotton consumption in Pakistan and the whole value chain will be affected,” Asif Inam, vice chairman of All Pakistan Textile Mills Association (APTMA), in Karachi told WTiN. …
BRAZILIAN CHICKEN PRODUCTION AND EXPORTS PROJECTED TO INCREASE SHARPLY
Brazil will continue to challenge the USA for the position of being the world’s biggest meat producer and exporter over the next 10 years, with chicken leading the way, Brazilian government forecasts indicate. It says that Brazilian meat production in 2025/26 will be 29.8% higher than in 2015/6 – amounting to 7.8 million tonnes in additional production – resulting in 23.6 million tonnes of output.…
BANGLADESH MULLS REGULATION OF FOREIGN POULTRY GIANTS
Bangladesh is mulling controls over foreign investors in the country’s growing poultry industry after local rivals have said they fear being swallowed by overseas companies.
The country’s state minister for fisheries and livestock Narayon Chandra Chanda said that there was concern that Bangladesh poultry farmers could lose trade if competition was unchecked: “We’re still observing … There should be a guideline,” he told GlobalMeatNews without giving further details.…
JAPAN PAINT AND COATINGS SECTOR HAS WEAK YEAR, BUT HOME-BASED PAINT SALES OUTLOOK IS POSITIVE
Paint and varnish manufacturers in Japan experienced a disappointing 2015, with sluggish purchasing from the construction and automotive sectors translating into meagre 0.3% growth over the fiscal year. Analysts predict that growth will pick up in the short term, in part as a result of a spike in demand from the construction sector ahead of Tokyo hosting the 2020 Olympic Games – although industry players are concerned about the longer-term outlook for the sector.…
BRAZIL EMERGES AS A PROMISING TEXTILE MARKET FOR MAURITIUS
The emergence of Brazil as a major economic power and highly promising market of 200 million inhabitants is luring Mauritian textile producers to foray further in Latin America’s largest national market. Indeed, despite Brazil’s ongoing economic recession, Mauritian textile and clothing exports to the country have more than quadrupled since 2012, according to trade promotion body Enterprise Mauritius.…
OEM SUPPLIERS INNOVATE TO REDUCE AUTO INTERIOR NOISE
SUPPLIERS to auto manufacturers are releasing increasingly innovative technology to help brands reduce interior noise in their vehicles.
Luxembourg-based automotive interiors supplier International Automotive Components (IAC) Group, for instance, is expanding its operations to produce lightweight injection molded inner dash insulation that enhances interior acoustical performance.…
PACTICS’ NEW CAMBODIA FACTORY TO PRODUCE TEXTILES WITH SUBLIMATED PRINTING
SHANGHAI-based microfibre and fabric accessories maker Pactics Group is set to open a new factory in Cambodia using innovative digital heat-transfer ‘sublimated’ printing – that allows brightly-coloured high quality prints on fabric.
The new factory, under the company’s ‘Raytecs’ division, will be located in Cambodia’s capital Phnom Penh-based produce women’s activewear, swimwear, apparel and other sublimated printed premium products: “We are a boutique manufacturer of sublimated activewear, apparel and premium sublimated products,” the group’s president and owner Piet Holten told WTiN.…
CHINA WTO MARKET ECONOMY STATUS MUST BE BLOCKED: AEGIS EUROPE
The European Union (EU) needs as free hand as possible to prevent the Chinese steel industry seizing more market share with the support of the Beijing government, according to leaders of AEGIS Europe, an alliance of 30 manufacturing associations. In its strongest warning yet about Chinese dumping, overcapacity and illegal subsidies, AEGIS spokesman Milan Nitzschke told a Brussels press conference yesterday (July 11): “China is not a market economy and therefore cannot be granted Market Economy Status (MES) by the European Union” (EU) in its anti-dumping calculations.…
CHINA KEEPING ALIVE ZOMBIE STEEL PLANTS, CLAIMS REPORT AUTHOR
China is keeping alive unproductive “zombie” steel plants then dumping the products on the European Union (EU) market, the Spanish author of two key reports adopted in the European Economic and Social Committee yesterday (July 14) told Steel First. “Not only the steel industry, but the whole European industry, will suffer if the market economy status is unconditionally granted to China,” said Andrés Barcelό Delgado, referring to the debate over anti-dumping calculations for Chinese exports that is ongoing in Brussels.…
RAMADAN SPARKS INCREASE IN LEBANON MEAT SALES
MEAT suppliers in Lebanon are anticipating significantly increased sales as Ramadan winds up this week. Hovig Kozobiokian, managing partner of Dekerco, a meat and food importer in Beirut. He estimated demand increases by around 50% to 60% for round cuts during Ramadan, with often a spike in demand in the last week for the Eid El-Fitr festival that ends this holy month.…
BRAZIL’S JBS STRESSES IT HAS NOT BEEN DIRECTLY TARGETED BY LAVO JATO RAIDS
BRAZIL’S JBS, the giant meatpacker and meat processing company, has been arguing it has not been harmed by raids carried out by Brazilian police earlier this month, dubbed ‘Operation Sepsis’, part of the country’s ongoing ‘Lavo Jato’ corruption investigations.
Brazilian media has reported that on July 1 federal officers searched the São Paulo home of Joesley Batista, CEO of J&F Investimentos, the parent company of JBS.…
INDUSTRY PROJECT PROMOTES DEVELOPMENT OF NATURAL COSMETICS INGREDIENTS SOURCED FROM AMAZONIA
BRAZILIAN companies are looking to break into international ethical personal care product markets supplying sustainable cosmetics inputs from the Amazon forest, leveraging an innovative government project.
This ‘Structuring Project for Amazon Forest-Based Cosmetics’ scheme, launched in 2013 by the Brazilian Micro and Small Business Support Service (Servicio Brasileño de Apoyo a las Micro y Pequeñas Empresas – SEBRAE), is amassing information and data to help companies identify useful natural ingredients and advises on processing, manufacturing and marketing the resulting products.…
CONFECTIONERY SECTOR PUSHES TO BOOST SUSTAINABILITY STANDARDS
HAVING a strong reputation for sustainable practice is increasingly a strong marketing card, for the confectionery sector as much as any other consumer industry. But with its extended international supply chains, demonstrating a high regard for environmental good practice is not always easy for the confectionery sector.…
BRAZIL’S LATEST STRENGTH IN PERFUME SALES WILL HELP SEGMENT GROW AFTER COUNTRY’S RECESSION ENDS
BRAZIL’S fragrance sector has struggled as the country continues to struggle through an economic recession that started during 2013, but the industry hopes it has turned the corner and sales are now recovering. In 2015, for the first time in 23 years, Brazilian cosmetics, toiletries and fragrances sales fell, dropping 8% year-on-year, according to the Brazilian Industry Association of Toiletries, Perfumes and Cosmetics (ABIHPEC – ‘Associação Brasileira da Indústria de Higiene Pessoal, Perfumaria e Cosméticos’).…
BRAZIL’S LATEST STRENGTH IN PERFUME SALES WILL HELP SEGMENT GROW AFTER COUNTRY’S RECESSION ENDS
BRAZIL’S fragrance sector has struggled as the country continues to struggle through an economic recession that started during 2013, but the industry hopes it has turned the corner and sales are now recovering. In 2015, for the first time in 23 years, Brazilian cosmetics, toiletries and fragrances sales fell, dropping 8% year-on-year, according to the Brazilian Industry Association of Toiletries, Perfumes and Cosmetics (ABIHPEC – ‘Associação Brasileira da Indústria de Higiene Pessoal, Perfumaria e Cosméticos’).…
COLOMBIA COSMETICS SECTOR FACES END OF BOOM YEARS
A decline in exports has ended the boom years for the Colombian cosmetics sector, but the country still holds high hopes of establishing itself as a major regional player.
Colombia’s cosmetics and personal care sector has been thriving for well over a decade, as economic growth has fuelled a strong domestic market and the country established itself as an export hub for the north of South America.…
EXPERTS DEBATE ADVANTAGES OF DIGITAL PRINTING AT MAJOR BRAZILIAN TEXTILE CONFERENCE
A DUTCH specialist in digital printing has told a major textile conference in Brazil that its textile finishing sector should embrace this technology, despite its higher costs. Rene Wolferink, application specialist at the Netherlands’ SPGPrints was speaking at the International Abit Congress, staged by the Brazilian Textile and Apparel Industry Association (ABIT – Associação Brasileira da Indústria Têxtil e de Confecção), staged in São Paulo on June 1 and 2.…
MEDITECH TEXTILES MARKET CONTINUES HIGH GROWTH, WITH LARGE ASIA MARKETS A KEY FACTOR
The global meditech textiles market is expected to witness the highest growth – 4.6% from 2015 to 2022 – within the general technical textiles industry, according to an October 2015 report from US-based market research firm Grand View Research (GVR).
With the overall global technical textiles market valued at USD148.5 billion in 2014, and growing at a rate of more than 4% annually, this meditech segment is expected to be worth USD16.4 billion in 2016 and USD19.2 billion in revenues by 2020, according to India-based Future Market Insights (FMI), another market research company.…
SWIM GLOBAL CONNECTIVITY SHINES AT SESAR DEMONSTRATION
The goal of uniting Europe under a single sky of system-wide ATM interoperability, once an improbably futuristic idea, was given a tangible push forward at the SESAR Global Demonstration held in Rome on June 8 and 9. The two-day event, which took place at the Prototype Systems Centre of Italian civil aviation authority ENAV (Ente Nazionale per l’Assistenza al Volo), spotlighted the ways that System-Wide Information Management (SWIM) can simultaneously and seamlessly streamline ATM operations.…
BIOLUBRICANT INDUSTRY GROWS, BUT POTENTIAL AS YET REMAINS UNTAPPED
Global biolubricant sales should reach USD2.97 billion by 2020, according to US research firm MarketsandMarkets, with hydraulic fluids driving the sector. The US market is the fastest-growing region, while Europe retains the largest market share (around 45%).
However, although research and development projects have unveiled and unleashed the vast growth potential for this sector, the struggle remains to develop sufficient quantities of raw material to enable industry to replace fossil oil-based lubricants in a cost-effective manner.…
BRAZIL TEXTILE FIRMS SEEK NEW TECHNOLOGIES TO UNDERPIN FUTURE
HIGH tech sales specialists are advising Brazil’s textile sector to keep refining their ecommerce strategy to boost their competitiveness in a tough market.
Paulo Renato Macedo, innovation director at Tropos Lab, a consulting company for entrepreneurs based in Belo Horizonte, north of Rio de Janeiro, Brazil, said while “creativity, quality and brand keep being important,” adopting new electronic marketing was essential for the textile and clothing sector in Brazil.…
BRAZIL TEXTILE SECTOR MUST INVEST AND INNOVATE TO EXPORT AND SURVIVE – ABIT CONFERENCE TOLD
BRAZIL’S textile sector needs to look to boost exports by producing quality products to survive the current recession, a major industry conference has been told. Brazilian textile and yarns makers must invest, innovate and globalise if they want to ride out the recession, said the majority of speakers addressing the International ABIT Congress, organised by the Brazilian Textile and Apparel Industry Association (ABIT – Associação Brasileira da Indústria Têxtil e de Confecção), staged in São Paulo on June 1 and 2.…
EUROPE’S NONWOVENS SECTOR THRIVES AS CONTINENT’S ECONOMY STAGNATES
THE EUROPEAN nonwovens industry has been pushing ahead, maintaining consistent growth above increases in GDP for the whole economy, increasing its international collaboration, and the successfully exploring new markets. And while it is rarely prudent to make anything more than short-term predictions about cost and tariff problems, such difficulties faced by the European nonwovens sector seem have been pushed into the background. …
USTR REPORT COMPLAINS OF INTELLECTUAL PROPERTY INFRINGEMENTS IN PHARMA SECTOR
THE UNITED States Trade Representative (USTR) has highlighted its continuing concern about intellectual property rights violations in the pharma sector, citing claims that 20% of medicines sold in India are fakes.
In its annual ‘Special 301 Report’, the USTR said it notes “its particular concern with the proliferation of counterfeit pharmaceuticals that are manufactured, sold, and distributed in trading partners such as Brazil, China, Guatemala, India, Indonesia, Lebanon, Peru, and Russia.”…
NORTH AMERICAN NONWOVENS SECTOR LEAPS AHEAD IN SALES AND PRODUCTION
In 2015, North America’s manufacturing capacity for nonwovens (regarding the United States, Canada and Mexico) grew from 2014 by 2.4% to reach about 2.77 million tonnes, according to a spokesperson for the US-based Association of the Nonwoven Fabrics Industry (INDA). The United States dominates supplies in the region, making up 91% of capacity.…
BRAZILIAN CRISIS DELAYS ECO-FRIENDLY NUCLEAR DREAM
Brazil’s economic and political crisis is delaying plans to develop its nuclear power industry, experts say. This could be a lost opportunity to help the country reduce its greenhouse gas (GHG) emissions by 43% below 2005 levels by 2030, and 37% below 2005 levels by 2025 as committed by the government at the United Nations’ 21st Session of the Conference of Parties (COP21), in Paris last December (2015).…
ARGENTINE CARMAKERS FACE A ROUGH YEAR, PROMISING FUTURE
Argentina’s automotive industry is poised for a rebound in 2017 after production slumped by 38% over the past four years, say experts encouraged by the performance of the country’s new government.
“We see Argentina’s car market turning the corner now,” said Neil King, the London-based head of automotive research at Euromonitor International, a research firm.…
INTERNATIONAL REGULATORY ROUND UP – INDONESIA AND EU WILL COMBINE EFFORTS TO MAKE PALM OIL SUSTAINABLE
EUROPEAN confectionery manufacturers and the Indonesian government have agreed that they need to work together to ensure that 100% of all palm oil is made sustainably in future. At an April debate hosted at the European Parliament by British conservative MEP Julie Girling, Indonesia’s ambassador to the European Union (EU) Yuri Thamrin said: “We are ready to consider good cooperation projects with our partners in Europe to attain 100% sustainable palm oil and overcome all impediments.”…
BRAZIL’S STRENGTHENING ECO-LABELS MAY HELP COMPLIANT TEXTILE FIRMS WHEN RECESSION ENDS
Brazilian textile businesses need to prioritise sustainability certification to compete in the face of slumping domestic consumption and increasingly demanding consumers, say local industry analysts.
The Brazilian textile and apparel industry association, Associação Brasileira da Indústria Têxtil e de Confecção (ABIT) is pushing for companies to embrace its Green Stamp (Selo Verde) eco-label as a nationally recognised scheme.…
INTERNATIONAL REGULATORY ROUND UP
THE EUROPEAN Union (EU) has chiselled a new template for international organic food trade deals with its new agreement with Chile. The deal involves EU regulators recognising Chilean exports as organic when produced and controlled under Chilean controls; and Chilean regulators accepting EU food exports as organic in Chile when produced under EU organic rules.…
SFO DOES NOT DENY CLAIMS IT EXTENDED ROLLS-ROYCE CORRUPTION PROBE TO NIGERIA
The UK Serious Fraud Office (SFO) has refused to deny claims that it is extending a criminal investigation into allegations of bribery and corruption at luxury car and aeronautical engine maker Rolls-Royce by examining fresh allegations of wrong-doing in Nigeria. The SFO probe was launched in December 2013 to look into possible bribery and corruption by the company’s aerospace division in China and Indonesia, and the investigation was already extended at last December to take in Rolls-Royce activities in Brazil.…
The European Commission has refused to rule beef out of the proposed trade deal with South America.
EU Trade Commissioner Cecilia Malmström refused to confirm earlier reports suggesting Commission negotiators had agreed to remove beef from negotiations for Mercosur, the trading bloc that includes Brazil and Argentina.
In response to questions from members of parliament, Commissioner Malmström said, “I will not confirm what is in and what is not in the offer because we are still finalising it.…
ARGENTINA COSMETICS SALES PLUNGE ON FAST INFLATION, BUT COMPANIES EXPECT A BRIGHTER FUTURE
In Argentina, investor optimism has swelled since the arrival of a conservative government in December, but sales of cosmetics and personal care products have taken a hit as soaring inflation cuts consumer spending power.
Argentina fell into a recession this year after four years of slow growth, and a spate of economic reforms by the new President Mauricio Macri has sped up the inflation rate to nearly 40% from 26% in 2015.…
INNOVATION, AUTOMATION TO DRIVE NORTH AMERICA’S TECHNICAL TEXTILE INDUSTRY
NORTH America’s textile sector – of which technical textiles comprise nearly 70% production by value in the USA and just below 50% in Canada – has grown slowly when compared with global production. And growth within the industry in North America will further slow by 2020 due to competition from the Asia-Pacific region and Western Europe, according to industry analysts at Euromonitor. …
BRAZIL’S POLITICAL TURMOIL STALLS AUCTIONS FOR FOUR AIRPORTS
In less than a year, Brazil had three different civil aviation ministers, and Brazil’s ambitious airport development plans have been harmed. One of the trio – Mauro Lopes – is a member of the Chamber of Deputies that voted for the motion to impeach President Dilma Rousseff over allegations she warped government accounts.…
ARGENTINES TURN TO CHICKEN AND PORK AS BEEF PRICES SOAR
BOOMING inflation is driving consumers in Argentina to switch to chicken and pork and away from pricier beef, a mainstay for decades.
Argentines ate an annualised 56 kilogrammes (kg) of beef in the first quarter [OF 2016?], down 5.9% from a year earlier – the sharpest decline in six years, according to data from the Argentina’s meat industry and trade chamber CICCRA (La Cámara de la Industria y el Comercio de Carnes y Derivados de la República Argentina).…
KEEPING COMPETITIVE KEY TO GROWTH IN MEAT MARKET, SAYS COPA-COGECA HEAD
How to remain competitive in the face of falling meat consumption is the main challenge facing the meat and livestock industry today, Pekka Pesonen, secretary general of European Union (EU) farmers’ organisation Copa-Cogeca, has told GlobalMeatNews.
In an exclusive interview held as the EU body launched its #livestockcounts #enjoyagrifood campaign, promoting quality European meat consumption, Pesonen said: “We must ensure the added value of eating high quality meat as part of a balanced diet is communicated effectively to the consumer.”…
EUROPEAN COMMISSION COSTS POTENTIAL NUCLEAR ENERGY INVESTMENT; PROMISES TO PROTECT DIVERSITY IN FUEL SUPPLY
A COST of maintaining nuclear generation capacity of between 95 GWe and 105GWe in the European Union (EU) until 2050 and beyond will cost between EUR350 and EUR450 billion over the next 35 years, the European Commission has concluded. (That is between USD398 billion and USD511 billion at current exchange rates).…
EU TO NEGOTIATE BILATERAL SAFETY AGREEMENTS WITH JAPAN AND CHINA
THE EUROPEAN Commission has announced that it will negotiate new bilateral aviation safety agreements for European Union (EU), with China and Japan. The EU already has struck such deals with the USA, Canada and Brazil. They involve cooperation over airport and air traffic management safety, plus testing and maintenance of aeronautical components, ensuring safe air operations and flight crew licensing.…
INTERNATIONAL REGULATORY ROUND UP – EU CONFECTIONERS WARN OF EUROPEAN SUMMER SUGAR SHORTAGES
THE COMMITTEE of European Sugar Users (CIUS) has called on the European Union (EU) to take urgent action to prevent EU confectionery and sweet bakery manufacturers facing a sugar supply crunch this summer. In a strongly worded message, the industry group has said that duties and levies should not be imposed on supplies of beet and cane sugar and the EU’s cane sugar ‘CXL’ duty should be scrapped immediately.…
INTERNATIONAL REGULATORY ROUND UP – EU SUGAR INDUSTRY WANTS GLOBAL AGREEMENT LIMITING SUBSIDIES
THE EUROPEAN Association of Sugar Producers (CEFS) and the European Federation of Trade Unions in the Food, Agriculture and Tourism sectors (EFFAT) have called for the European Union (EU) to push for a global agreement ending all subsidies and other trade-distorting policies affecting the sugar sector.…
ARTIFICIAL INTELLIGENCE WILL BE THE FUTURE OF AML, CLAIM EXPERTS
Experts predict artificial intelligence-based technology may underpin anti-money laundering (AML) measures within the next decade. With artificial intelligence (AI), or cognitive computing, services already providing significant applications in the financial crime prevention industry, several companies have begun developing and commercialising AI-based technology for AML.…
BRAZIL BECOMES WORLD’S LARGEST SUN CARE PRODUCT MARKET
BRAZIL may have emerged the world’s largest sun care market in terms of sales in 2014, pushing past the United States (US), according to market researchers Euromonitor International. And the country may retain its suncare crown – sales are expected to continue growing between 2014 and 2019, albeit at a slower pace compared its growth between 2009 and 2014. …
OECD SAYS AUTO MANUFACTURERS CAN PROFIT FROM FOLLOWING TOUGHER GREEN REGULATIONS
Automotive industry experts seem to agree – past concerns that tough environmental laws could force auto-manufacturing from a green jurisdiction to a country or region with laxer controls, no longer see to apply.
In doing so, industry specialists are backing the conclusions of a new report from the world’s largest think-tank, the Paris-based Organisation for Economic Co-operation & Development (OECD), which said following tighter environmental rules can be good business.…
BRAZIL’S TURMOIL AFFECTS RIO 2016 TEXTILE SALES PROJECTIONS
Sports gear, geo textiles, flags, souvenir clothes, you name it. Every part of Brazil’s textile industry is waiting to see if they will win or not with the Rio de Janeiro summer Olympic Games from August 5 to 21 – but concern is growing that the event will not deliver a much needed boost in sales. …
OECD SAYS GREEN REGULATIONS CAN OFFER ADVANTAGES TO TEXTILE MANUFACTURERS
A report released yesterday (Mar 10) by the Organisation for Economic Co-operation & Development (OECD) has advised textile manufacturers to support government efforts to tighten environmental rules, saying they are unlikely to cause a loss of business.
The report is an attempt to dispel the widely-held view that tighter environmental rules increase costs and damages business – especially in emerging market manufacturing hubs.…
ZIKA VIRUS BOOSTS INSECTICIDE TEXTILE PRODUCTS SALES IN BRAZIL
Manufacturers of insecticide impregnated textile products, including mosquito nets and special clothing, are among the few commercial winners in the current healthcare facing Brazil through the Zika virus outbreak. Stores have not only reported a boom in sales in the country’s northeast – the epicentre of the crisis – but also in wealthier southern states such as São Paulo and Rio de Janeiro, which have been less affected.…
TAIWAN’S ECO-FRIENDLY TEXTILE MAKERS NOTING RIO OLYMPICS ORDER BOOST
TAIWAN’S sportswear and functional textile exports are to be boosted by the Olympic Games in Rio de Janeiro, Brazil in August this year, according to a forecast by the Taiwan Institute of Economic Research (TIER).
The think tank has observed that demand for sportswear and functional textiles remained strong, even while orders for other textile categories were being cut.…
FRESH QUESTIONS FOR ROLLS-ROYCE IN BRAZIL’S PETROBAS SCANDAL
British engineering firm Rolls-Royce has been dragged deeper into Brazil’s Petrobras corruption mire with fresh questions arising over its links to Brazilian entrepreneur Julio Faerman, charged last month with bribery, money laundering and tax evasion. Faerman was one of 12 charged in ‘Operation Black Blood’ for an alleged bribery scheme between the state-owned oil company Petrobras and Dutch contractor SBM Offshore.…
BRAZIL’S LABOUR MINISTRY KEEPS PRESSURE ON TEXTILE SECTOR OVER LABOUR STANDARDS
Playing the blame game with worldwide known fashion brands has become a key strategy at Brazil’s labour and employment ministry, stopping the country’s textile and clothing sector from exploiting vulnerable workers, government inspectors have told WTiN.
They say that the high impact and publicity raids on manufacturing plants over the last five years are finally leading to businesses becoming more responsible over the hiring of workers to toil in poor conditions for little pay.…
LAVA JATO PROBE EXPOSES LAUNDERING OF CORRUPT FUNDS AT HIGHEST LEVEL IN BRAZIL
Brazil’ biggest money laundering and corruption scandal kicked off at a petrol station that sits only two kilometres away from the National Congress of Brazil. And it still has a lot of fuel to burn.
When the Federal Police of Brazil raided a currency exchange booth at this fuel retailer on March 17, 2014, it began dismantling a political party financing and personal enrichment scheme that defrauded state-run oil giant Petróleo Brasileiro SA – more commonly known as just Petrobras – by at least USD2 billion in current figures.…
MULTI-FUNCTIONALITY HELPS PROTECTIVE COATINGS COMPANIES MARKET THEIR WARES
Innovative protective coatings have always been marked on their ability to deliver a function with excellence. However, there is real marketing gold where companies can demonstrate that coatings deliver a range of protective functions at the same time, such as waterproofing, insulating, and protecting aesthetics.…
EU’S MCDONALD’S PROBE SIGNALS CRACKDOWN ON DOUBLE TAXATION TREATY ABUSE
THE EUROPEAN Commission has signalled it will be probing the possible abuse of bilateral double taxation treaties forged by European Union (EU) member states with non-EU countries, to detect tax avoidance.
The Commission has opened a formal investigation into how Luxembourg has taxed McDonald’s, assessing concerns that it allowed the US fast-food giant to avoid paying tax on its EU royalties in the Grand Duchy.…
MCDONALD’S UNLIKELY ALLY FOR RESPONSIBLE SOY PRODUCTION
Vegetable oil companies are rightfully concerned about the reputation of key feedstocks such as soy for good environmental and social sustainability. Bad news stories about poor pay, pollution and virgin land clearances can knock consumer demand for products and that is bad for business.…
URUGUAYAN BEEF EXPORTS ON THE RISE, DESPITE RUSSIAN RECESSION
Uruguay’s meat exports are rising, with growing production, aggressive promotions and wide access to global markets boosting sales despite a slump in Russian sales. Exports of offal, meat and byproducts increased 8.2% to USD659 million in the year through May 9, compared with USD609 million year-on-year and rose 16% in volume terms to 171,401 tonnes from 147,868 tonnes over the same period, according to the country’s National Institute of Meat (INAC – Instituto Nacional de Carnes).…
INDIA BUFFALO MEAT EXPORTS ON THE RISE
Indian buffalo meat exports have risen by 10% to USD4.78 billion in the financial year ending March 2015, according to provisional data released by India’s Directorate General of Commercial Intelligence and Statistics on Friday (May 8).
The results backed the findings of an April report by the United States Department of Agriculture (USDA), entitled ‘Livestock and Poultry: World Markets and Trade’, which concluded: “Larger [beef and veal] shipments from India … [have] more than offset declines by Brazil, Uruguay, and the United States.”…
US-INDIA RELATIONS STALLED OVER PHARMACEUTICAL INTELLECTUAL PROPERTY SQUABBLE
American pharmaceutical industry officials and trade groups remain cautiously optimistic that intellectual property (IP) negotiations with India can be resolved to the benefit of both nations’ medicine sectors. For now, however, India remains on a so-called ‘priority watch list’ of nations the US is urging to address key IP protection concerns.…
SRI LANKA UPBEAT ON REGAINING GSP PLUS CONCESSION
Sri Lanka’s government remains positive about the possibility of regaining its Generalised Scheme of Preferences Plus (GSP+) concession status from the European Union (EU), which would probably boost the country’s knitwear exports. This privileged trade access status might help the country’s clothing industry overall achieve an ambitious target of earning USD8.5 billion from exports by 2020.…
US BODY CARE PRODUCTS SECTOR GROWTH SOARS AFTER END OF RECESSION
Following a period of recession-induced stagnation, business in the US body care product industry is back with a vengeance. Driven by a combination of seasonal and demographic factors, Americans spent just over USD2.9 billion, USD9.23 per person, on body care products in 2014.…
UK STILL TOP FOR OFFSHORE WIND BUT CHINA SHOWS POTENTIAL FOR ONSHORE
The UK may still be a world-beating performer for developing offshore wind energy, but more still can be done onshore, as demonstrated by China’s wind-power growth, the Global Wind Energy Council’s (GWEC’s) secretary general Steve Sawyer has argued. Indeed, unveiling GWEC’s, Global Wind Report: Annual Market Update 2014, in a webinar April 1 from Istanbul, Sawyer noted that the UK at 813 megawatts (MW) of installed capacity produces more offshore wind energy than the rest of the world combined, with Denmark “a distant second”.…
PARAGUAY ADVANCES AML REGULATIONS, BUT FALLS SHORT IN CONVICTIONS AND SEIZURES OF FUNDS
Despite Paraguay’s past difficulties in effectively fighting money laundering, the country has been introducing new regulations to boost its controls; however their reforms’ implementation have been hampered by lack of political will.
Located between Argentina and Brazil, Paraguay is a key country in the struggle against money laundering and financing of terrorism in South America because its porous border is used by drug cartels to smuggle drugs, among other illicit items, into the two region’s biggest markets for cocaine and marijuana.…
MONEY LAUNDERERS EVER MORE INVENTIVE SAY DIRTY MONEY EXPERTS AND INSIDERS
TO discover the best intelligence on money laundering, sometimes it is best just to ask the money launderers. Take China. There are numerous ways of getting dirty money out of China. The most common include smuggling a satchel of banknotes to Hong Kong (where Chinese Yuan Renminbi (CNY) is convertible), where it is washed through an over-priced (for quick transaction) purchase of real estate in the city, several Hong Kong real estate agents told the Money Laundering Bulletin.…
PAKISTAN MEAT EXPORTERS HOPE IRAN IMPORT BAN WILL BE LIFTED SOON
Pakistani meat exporters are optimistic that the Iranian government will lift an import ban imposed in early 2014 on Pakistan-produced meat following a meeting on Wednesday (April 22) between the country’s trade ministers.
Khurram Dastagir Khan, Pakistan’s commerce minister and Mohammed Reza Nematzadeh, Iran’s minister for industry, mines and trade met in Tehran at a scheduled session of the Pakistan Iran joint trade committee.…
MYANMAR OPENS ITS DOORS TO HIGH QUALITY MEAT IMPORTS FROM BRAZIL, JAPAN AND US
MYANMAR will soon be importing more high quality pork and beef products following discussions in March between Myanmar’s Meat Industry Board and representatives of meat producers from the United States, Japan and Brazil, the Meat Industry Board (MIB) told globalmeatnews.com.
High quality meats have been imported to Myanmar in low quantities in the past, said U Win Sein, vice-chairperson of the Myanmar Livestock Federation.…
EU LIKELY TO RESIST CHINA WTO CASE OVER POULTRY IMPORTS
The European Commission looks set to resist a World Trade Organisation (WTO) dispute over European Union (EU) poultry product tariffs brought by the Chinese government. A spokesperson the Commission’s trade directorate general told globalmeatnews.com that contested EU changes to its duty regime were in “strict compliance with WTO rules”.…
CONCERNS RAISED OVER CLONED FOODS IN DENMARK
Denmark’s ministry for food, agriculture and fisheries (MFAF/ministeriet for fødevarer, landbrug og fiskeri) is investigating whether meat (and dairy) products sourced from the offspring of cloned farm animals have found its way onto supermarket shelves in the country. With the products in contention imported mainly from North America, the investigation could lead to stricter product labelling laws in Denmark.…
MIDDLE EAST - HALAL MEAT MARKET
THE MIDDLE Eastern halal meat market is anticipating significant growth in the next few years, driven by rising populations and rising consumer awareness about food content. However, the lack of a common global halal standard is hindering the market’s potential, given that the region is heavily dependent on imports from non-Muslim countries.…
BRAZIL’S LOOMING RECESSION NOT ENOUGH TO STOP ROBUST WOMEN’S FRAGRANCE SALES
Sales of women’s fragrances in Brazil already generate an impressive USD4 billion in retail value annually (in 2014), according to market researchers Euromonitor. But doubts on continued growth in the segment started to be voiced when the country’s economy started declining two years ago.…
CHINA POLICE CONTINUE CRACKDOWN ON BEEF SMUGGLING
CHINA has been cracking down on beef smuggling with a string of arrests being announced by police. State news agency Xinhua reported last month that officials from China Customs had arrested 33 suspects involved in a nationwide smuggling ring, involving the illicit sale of USD32.6 million’s worth of beef from the United States.…
JAPAN POULTRY GIANT MULLS TECHNOLOGY TRANSFER TO BOOST INDIAN EXPORTS
Tokyo-based Mayekawa Manufacturing Co is in talks with officials of India’s Andhra Pradesh state government to bring Japanese technology to the state’s large poultry industry. N. Chandrababu Naidu, the chief minister of Andhra Pradesh, visited Japan in November and met with representatives of Japan’s largest poultry processing machinery manufacturer.…
EGYPT’S BIO-BASED OILS AND FATS MARKET GROWS, DESPITE DISRUPTION FOLLOWING 2011 UPRISING
EGYPT’S USD1.23 billion oils and fats market has still to recover from the country’s post-revolutionary environment following the January 2011 uprising that ousted President Hosni Mubarak. Since then, Egypt’s economy has been on a downward trajectory, affecting consumer demand across the board.…
LATIN AMERICAN PAINT INDUSTRY STRUGGLES AMIDST ECONOMIC SLOWDOWN
THE LATIN American paint and coatings sector has been facing tough times in the past year, with sluggish overall economic performance depressing demand for the industry. Even, last summer’s World Cup football fiesta in Brazil, did not give the region’s largest market any motive to celebrate.…
IMPENDING EU-US TRADE AGREEMENT HOLDS OPPORTUNITIES FOR PAINT MACHINERY SALES
THE TRADE agreement currently being negotiated between the European Union (EU) and the USA could bring significant opportunities for paint machinery manufacturers if the two parties agree to align their technical standards.
The European Commission, which is negotiating the Transatlantic Trade and Investment Partnership (TTIP) on behalf of the EU, has said it would like to close the gap between the two sides regarding technical regulations affecting the marketing, use and conformity assessment of machinery, as well as electrical and electronic products.…
VW INVESTS IN DESIGN AFTER LOSING MARKET SHARE IN BRAZIL
Volkswagen Brazil’s new EUR200 million from the European Investment Bank (EIB) may not be enough to help the German automaker recover its long-standing position in Latin America’s largest market, a senior auto expert has warned. VW’s Brazil market share dropped from 22% in 2004 to 17% last year, which puts them behind leaders Fiat and in a struggle with Chevrolet to keep the second position in South America’s key market, according to Brazil’s automotive industry association – Associação Nacional dos Fabricantes de Veículos Automotores (ANFAVEA).…
BOOMING COTTON DEMAND OPENS BANGLADESH’S FIRST GLOBAL COTTON SUMMIT
Bangladesh’s demand for cotton is booming, creating significant opportunities for international suppliers of cotton, according to textile industry experts at the opening of Bangladesh’s first Global Cotton Summit (March 20-21) in Dhaka. Muhammad Ayub, president of the Bangladesh Cotton Association (BCA) said at the conference that in the last decade, demand of cotton in Bangladesh has risen from 3 million bales to 5.5 million bales.…
CAREFUL PREPARATION IS BEST DEFENCE AGAINST KIDNAP RISKS FOR TRAVELLING EXECUTIVES
THE RISK of being kidnapped is a significant concern for those travelling for business to unstable and dangerous regions of the world. Yet, travellers can reduce these risks by following preventative measures and making smart plans, say business security experts. Elizabeth Machuca reports from Mexico City.…
SOUTH AMERICA PERSONAL CARE PRODUCT SALES WEAK IN 2014 AND 2015
SOUTH America’s personal care product sector has been is facing tougher times than usual – with some countries experiencing weaker sales last year and others faltering this year.
The region’s largest market Brazil is facing a rocky 2015, with a general slowdown in Brazil’s economy, expected to shrink by 1% in 2015.…
MEXICO IS STRONG MATURE MARKET FOR PERSONAL CARE PRODUCT SECTOR
MEXICO represents a powerful investment opportunity as the second largest consumer of ‘beauty and personal care products’ (BCP) in Latin America, after Brazil. While a relatively mature BCP market makes growth a creative challenge, the country is increasingly popular as a location for BCP production facilities.…
ITALY MOVES TO “GREEN” ITS BIOFUELS SECTOR BUT UNCERTAIN EU POLICY IMPEDES GROWTH
THE ITALIAN government has been breaking ground in its attempt to make its biofuels sector more sustainable, but ongoing discussions at the European Union (EU) on how much member states can subsidise biofuels are impeding Italy’s progress.
In 2014, Italy become the first EU member state to set national blending targets for conventional and advanced biofuels.…
EMA LAUNCHES GLOBAL GENERIC MEDICINE INFORMATION SHARING PILOT
AN INTERNATIONAL regulatory cooperation pilot involving medicine regulators sharing real time assessments about generic medicines is now in full flow. The European Medicines Agency (EMA) is leading the initiative, building on the European Union’s (EU) experience of cooperation between national regulators.…
BANGLADESH POULTRY PRODUCERS AIM TO CREATE MAJOR EXPORT SALES
INDUSTRY leaders, researchers and scientists wound up a three-day international poultry show and seminar in Dhaka on Saturday (February 21), vowing to improve food safety to help create a substantial Bangladesh processed chicken export sector by 2018.
The president of the World’s Poultry Science Association (NOTE SPELLING IS CORRECT – ‘WORLD’S’), Bangladesh branch Moshiur Rahman said local producers are planning to start exporting frozen chicken in between two-to-three years’ time, mainly targetting the Middle East, where millions of ex-patriot Bangladeshis live.…
EU/BRAZIL AUTOMOTIVE DISPUTE UNDER WAY AT WTO, BUT SOLUTION MAY DEPEND ON WIDER TRADE AGREEMENT
A long-running dispute between the European Union and Brazil over taxes on cars imported into Brazil has entered a critical final stage with a decision by the World Trade Organization (WTO) to set up a panel to consider the dispute. The row is not as straightforward, however, as an argument about allegedly punitive and illegal taxes.…
EU/BRAZIL AUTOMOTIVE DISPUTE UNDER WAY AT WTO, BUT SOLUTION MAY DEPEND ON WIDER TRADE AGREEMENT
A long-running dispute between the European Union and Brazil over taxes on cars imported into Brazil has entered a critical final stage with a decision by the World Trade Organization (WTO) to set up a panel to consider the dispute. The row is not as straightforward, however, as an argument about allegedly punitive and illegal taxes.…
BRAZIL’S NONWOVENS INDUSTRY PREPARES FOR FLAT 2015, BUT INVESTING FOR THE FUTURE
WHILE the global nonwovens industry maybe booming through investments, acquisition of new sites, expansion of capacity, more customers and exhibitions all over, the same optimism cannot be applied to emerging market former starlet Brazil. Despite its huge market with 200 million inhabitants, the nonwovens sector of South America’s economic powerhouse is looking for another deep loss of steam in 2015.…
INDIA BUFFALO BEEF EXPORTS RISE, DESPITE BJP GOVERNMENT
Concerns that India’s beef export industry might wither under the new Hindu nationalist BJP-led government have proved unfounded as between April and October 2014, India exported USD2.66 billion’s worth of buffalo meat, a rise of nearly 16% over the same period in previous year.…
CHILE MAKES FIRST EXPORT OF LIVE HEIFERS TO CHINA
Chile has exported more than 7,000 heifers to China in its first major export of live cattle, which has just arrived at its destination, and the government hopes this might be the start of developing a long term beef livestock export trade.…
BIOMETRICS BECOME INCREASINGLY SOPHISTICATED AND COMMONPLACE ANTIFRAUD DEVICES
AS concerns continue to emerge about the extent to which common security measures such as passwords can be breached, biometrics are gaining attention across a range of services and law enforcement teams preventing fraud.
Isabelle Moeller, CEO of the London and Sydney-based Biometrics Institute, stressed to Fraud Intelligence that “biometric authentication has the potential to ease the burden of security given its simplicity and usability, particularly when compared to username and password.…
CHILE’S SKIN CARE MARKET ROARS AHEAD AS CONSUMERS DISCOVER VALUE OF FACE PRODUCTS
THE FACIAL skin care market in Chile has enjoyed double digit growth for over a decade, and is expected to continue expanding. Although this market is expected to grow at a slower rate this year, market research firm Canadean Ltd has forecast an average annual growth rate of 11% between 2013 and 2018.…
CENTRAL AMERICA RAISES ITS AML/CFT GAME, BUT HAS MUCH WORK AHEAD
Central America’s increasing exposure to money laundering is at least being recognised by the governments on the region, who are working both individually and collectively to combat the problem.
The region has strengthened cooperation, for instance. A key initiative is the Central American Integration System (SICA), a regional political organisation which coordinates government actions for Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Belize and the Dominican Republic regarding certain policy development and programmes, notably improving law enforcement.…
EMA TIGHTENS RULES ON USING PHTHALATES IN MEDICINE CAPSULES
THE EUROPEAN Medicines Agency (EMA) has released guidance on the maximum amount of three phthalates that should be allowed in pharmaceuticals, because of safety concerns. These plasticisers – diethyl phthalate (DEP), polyvinyl acetate phthalate (PVAP), and dibutyl phthalate (DBP) – can be used to make medicine capsules.…
DEVELOPING COUNTRIES LOSE MORE FROM TAX EVASION THAN THEY GAIN IN AID - GFI
Tax evasion drained a record USD991.2 billion in illicit financial flows from developing economies in 2012 – facilitating crime and corruption, according to a new study by Global Financial Integrity (GFI), a Washington DC-based research and advisory organization. “To put this in perspective, the cumulative total of official development assistance to the developing countries in this report… was just USD809 billion,” said a GFI note.…
ADAPTIVE LICENSING USEFUL FOR ORPHAN DRUGS, CONFERENCE HEARS
ADAPTIVE licensing methods such as that proposed by the European Medicines Agency (EMA) are indeed useful in the development of medicines for rare diseases, Martin Andrews, the senior vice-president at GSK Rare Diseases, has told the World Orphan Drugs Congress 2014.…
REACH REPLICAS IN ASIA SHOULD BE CLOSELY MONITORED, SAY EXPERTS
THE EUROPEAN Union (EU) seems to have sparked a regulatory trend with its REACH chemical control system, with more and more countries in Asia adopting REACH-inspired chemical management laws. Thus textile finishing units, companies and suppliers will have to pay increasingly close attention to chemical regulations in Asia-Pacific countries such as China and South Korea.…
OIL AND GAS COMPANIES CAN BENEFIT FROM PROACTIVITY AGAINST CORRUPTION SAY EXPERTS
Oil and gas companies are facing increasing risks related to corruption. However, there are numerous ways in which a business in the sector can avoid being exposed to graft. And new laws are tackling such problems more effectively. Jonathan Dyson reports.…
BEEF AND POULTRY SECTOR GROWING, PORK EXPECTED TO SHRINK: EU REPORT
Beef and poultry production in the European Union (EU) have been growing steadily this year, putting the sectors on track for further growth in 2015, says a new report released today by (Wed Oct 8) the European Commission.
Its directorate-general for agriculture and rural development says the EU beef sector has seen impressive growth after a two-year slump, with beef and veal production likely to increase by more than 134,000 tonnes by December 31 to 7.6 million tonnes for all of 2014, compared to 2013.…
ICAO GLOBAL AVIATION COOPERATION SYMPOSIUM FEATURE COVERAGE
COUNTRIES lacking systems engineering capacity to boost their air traffic management by following international blueprints have been offered practical policy implementation kits by the International Civil Aviation Organisation (ICAO).
The launch was a highlight of ICAO’s first Global Aviation Cooperation Symposium (GACS), staged at its Montréal headquarters to assess synergies between technological developments across the civil aviation sector.…
BIOMETRIC SYSTEMS: SAVING TIME AND IMPROVING SECURITY IN AIRPORT SECURITY
International airports worldwide are working hard to install biometric border controls that they hope will speed passenger movement, while maintaining, or even enhancing security.
A key example of such new installations has been at Ireland’s biggest hub Dublin Airport, where since April 2013, travellers arriving at the 74-year old airport – which handles more than 20 million passengers per year – have had the option of passing through biometric identification gates in the airport’s immigration hall.…
DOUBTS LOOM LARGE ON BRAZIL’S USD 3 BILLION PLAN TO REVAMP 270 REGIONAL AIRPORTS
Two years ago Brazil was so worried that its main airports would not be ready for the 2014 World Cup that its government froze plans to build and renovate 270 airfields nationwide. Now that the football fiesta is over and the concessions running key hubs has delivered good results, South America’s powerhouse looked set to start focusing on airports and airfields in smaller cities, especially those that are not state capitals.…
US, EUROPE AND CHINA KEY FOR PARAGUAY TO BECOME WORLD’S 5TH BEEF EXPORTER
Tiny Paraguay is now the world’s eighth top beef exporter says US government figures, ahead of meaty superpowers such as Argentina (11th), but their aim is to be number five by 2020 and have 20 million head of cattle available in that year alone.…
SUCKLER COWS SECTOR COULD BE HIT BY EU-US TRADE AGREEMENT, STUDY SAYS
THE CONCLUSION of a Transatlantic Trade & Investment Partnership (TTIP) currently being negotiated between the European Union (EU) and the US could have serious adverse consequences for the EU suckler cows sector, European experts claim. A new study presented yesterday (Wednesday) in the European Parliament in Brussels argues US-sourced beef imports could increase in volume and fall in price.…
EUROPEAN MEAT MARKET STABLE DESPITE RUSSIAN EMBARGO, BRUSSELS EXPERT SAYS
THE EUROPEAN meat market is not in crisis following the embargo imposed by Russia on meat from the European Union (EU), a European Commission expert has told globalmeatnews.com.
Looking at price levels and producers’ margins, Dr Kai-Uwe Sprenger, market officer for animal products at the European Commission’s directorate general (DG) for agriculture, said that there are no significant variations in these two areas so far.…
FAST FASHION IN TRANSITION AS GLOBAL SOURCING DECISIONS ARE IN FLUX
Sourcing trends in fast fashion in Europe and north America are in flux, being affected by the economic downturn, changes in consumer behaviour and growing awareness of industry practices, especially in the wake of the Rana Plaza collapse in Bangladesh last year.…
FARM ACCOUNTING IS INCREASINGLY SPECIALIST AND PROFITABLE NICHE SERVICE
As farms and agricultural organisations face changing accounting demands from legislatures and financial institutions around the world, accountants face greater pressures to develop specialised agricultural knowledge.
Indeed, accounting services provided to the farming industry within the European Union (EU) are becoming increasingly important, notably because of reforms to the EU Common Agricultural Policy (CAP), experts have told Accounting & Business.…
CAN THE NEW BRICS BANK PROMOTE INTERNATIONAL CONSTRUCTION PROJECTS IN CHINA, GLOBALLY?
A potential bonanza of new projects may be offered to Chinese construction companies following the set-up of a new development bank with lots of cash for infrastructure projects. This July marked the launch of the so-called ‘BRICS Bank’, a new multilateral development bank, operated by Brazil, Russia, India, China, and South Africa.…
BRAZIL PUBLISHERS AND BOOKSELLERS UNIT TO FIGHT AMAZON AT BOOK FAIR
Brazilian booksellers teamed up at São Paulo’s international book biennial from August 22 to 31 to lobby its government to help protect them against Amazon’s physical and e-book sales service, now serving South America’s largest economy.
Amazon launched its physical books service on August 21 with 150,000 titles available, the vast majority on Brazilian Portuguese.…
VENEZUELAN STATE-RUN OIL PRODUCTION SLOWS
PRODUCTION at Venezuela state oil company Petróleos de Venezuela SA (PDVSA) has slumped under mounting financial pressures, building during the past 15 years when revenues have been tapped by its socialist government to fund social programmes, diplomatic initiatives and other non-commercial policies.…
NATIVE AMERINDIAN CULTURE IS INSPIRATION FOR BRAZIL TEXTILE DESIGN
Brazilian fashion has been focusing on sustainability – not just from the environmental standpoint but also from the stance of social responsibility, according to Rafael Cervone, CEO of Texbrasil, the Brazilian Fashion Industry Internationalisation Programme.
Many Brazilian companies are looking to Brazilian cultural roots in the way of inspiration.…
MALAYSIA, THAILAND DETERMINED TO INCREASE SALES IN GLOBAL HALAL FOOD MARKET
The global market for halal food is expected to grow from USD698 billion in 2012 to reach USD830 billion in 2016, according to Malaysia’s department of Islamic development, and manufacturers in its country and neighbouring Thailand are competing to service this demand.…
INDIA FATTY ALCOHOL DUTY PLANS SPARK ARGUMENTS BETWEEN PRODUCERS AND USERS
INDIA’s new government may impose a 20% anti-dumping duty on saturated fatty alcohols from Indonesia, Malaysia and Thailand – an important raw material for shampoos and cosmetics. Administrative proceedings that may spark the creation of this tariff started in this February, before the May general election, which brought the current BJP administration to power.…
CANADIAN COSMETICS ASSOCIATION WELCOMES PROGRESS AT INTERNATIONAL REGULATORS MEETING
Regulators participating in the International Cooperation on Cosmetics Regulation (ICCR) met in Ottawa, Canada for their annual meeting (July 8 – 10) to discuss how member countries could better harmonise regulatory requirements and standards, promoting trade, among their cosmetics and personal care industries.…
ACCOUNTING SYSTEMS STRENGTHENING IN CARIBBEAN AND LATIN AMERICA – BUT MORE WORK NEEDED
IN the 1970s and 1980s, the governments of Latin America and the Caribbean did not have a comprehensively robust reputation for sound financial management. Many Caribbean island states had newly emerged from colonialism, finding their way as independent countries. And many Latin American countries were riven by social discord, even civil war, with many under military rule.…
JOHNSON & JOHNSON DEMONSTRATE GOOD PRACTICE IN PRAGUE SHARED SERVICE CENTRE
WHEN American personal care product giant Johnson & Johnson opened its shared-services centre in Prague during 2006, it employed 12 people and provided only in-group procure-to-pay services. Currently this Johnson & Johnson finance centre is the largest of the five centres the company operates worldwide in terms of staff numbers as well as the scope of services it provides to internal business partners.…
OECD PUSHES AHEAD ON BANK SECRECY RULES
THE ORGANISATION for Economic Cooperation & Development (OECD) has secured agreement from its 34 rich world member countries to apply a new single global standard on automatic exchange of tax information. Endorsed by G20 finance ministers, the standard obliges countries and jurisdictions to obtain all financial information from their financial institutions and exchange that information automatically with other jurisdictions annually.…
LATIN AMERICA COSMETICS MARKET CONTINUES TO BOOM
Latin America’s cosmetics and personal care products sector has boomed as consumers take advantage of their rising disposable incomes. The region (including Mexico) accounted for 17% of global sales in the beauty and personal care industry, according to market analysts Euromonitor International in 2013. …
EU REVISES GUIDE PRICES FOR POULTRY IMPORTS
THE EUROPEAN Commission has revised guide prices for a range of poultry imports – if the value of exports exceed these levels, the European Union (EU) can impose additional duties on their sale.
Under the new rules, which should come into force in July, the EU has set a representative price for 100 kilograms of frozen chicken legs coming from Brazil at EUR135, while 100 kg of frozen boneless cuts coming from Argentina have been given a guide price of EUR294; from Brazil EUR220.50; Chile EUR315.70; and Thailand EUR254.60.…
TWO YEARS AFTER NEW BRAZIL AML LAW, PROGRESS COULD BE BETTER
IN 2012, after years of delays, Brazil instated a new money laundering law, finally bringing this economically vibrant and influential country more or less in line with international standards. Two years later, what difference has it actually made?
Brazil’s first official money laundering law (Law 9613) was enacted in 1998.…
BEKAERT BOOSTS STEEL CORD MARKET-SHARE WITH PIRELLI ACQUISITION
Global steel transformation giant Bekaert is awaiting a European Commission decision on whether its plans to acquire Pirelli Tyre’s steel tyre cord business can go ahead. Bekaert expects a ruling this month (July) on the USD350 million deal to expand the company’s share of the global market from Brussels’ competition directorate general.…
BRAZIL’S CONFECTIONERY INDUSTRY FACES MIXED OUTLOOK AS WEALTH GROWS AND SPREADS
While Brazilians have been happy with the success of their FIFA World Cup party, the prospects of the country’s confectionery industry are rather more mixed.
Sales of sweet confectionery have been soft as consumers turn away from sugary snacks in favour of healthier snacks.…
VENEZUELA’S ECONOMIC CHAOS FAILS TO DAMPEN LOCAL APPETITE FOR HIGHER END COSMETICS
Even during the desperate economic times currently afflicting Venezuela, quality personal care products remain vital to its consumers: “Beauty is part of the culture,” said Jean Clauteaux, president of L’Oréal’s Venezuela section. Unlike neighbouring markets, he said a key characteristic of Venezuelan consumers is their strong demand for high-end products.…
WTO DEAL MIGHT GIVE PERSONAL CARE PRODUCTS HELPING HAND WITH EXPORTS – ESPECIALLY IN EMERGING MARKETS
A NEW agreement at the World Trade Organisation (WTO) to reduce many of the formalities facing exporters could give fresh impetus to cosmetics companies engaged in world trade, although some business leaders say it was only one of a number of problems they faced.…
A NEW DENT IN JAPAN'S TRADE BARRIERS HELPS AUSTRALIAN EXPORTERS, BUT JAPAN FOOD FIRMS TOO
THE NEW Japan-Australia Partnership Agreement (JAEPA) agreed on April 8 allows unprecedented access to Japanese markets, but it’s not necessarily only the Australian meat producers who will profit.
This deal lowers the tariffs for frozen beef to 19.5 per cent (a cut of 19 percentage points) over an 18 year period, and for chilled beef to 23.5 per cent over 15 years (down 15 percentage points).…
ARGENTINA AML REFORMS SHOW WILLING, BUT INTERNATIONAL ASSESSORS ARE STILL WATCHING FOR REAL PROGRESS
The Argentine government is continuing to try and boost its anti-money laundering/combatting the financing of terrorism (AML/CFT) systems, but the challenges that it faces, including a large informal economy and porous borders – especially with Brazil and Paraguay, make this a tough task.…
ARGENTINA AML REFORMS SHOW WILLING, BUT INTERNATIONAL ASSESSORS ARE STILL WATCHING FOR REAL PROGRESS
The Argentine government is continuing to try and boost its anti-money laundering/combatting the financing of terrorism (AML/CFT) systems, but the challenges that it faces, including a large informal economy and porous borders – especially with Brazil and Paraguay, make this a tough task.…
SINGAPORE AIMS TO BOOST ITS INTERNATIONAL AML REPUTATION
SINGAPORE has been working hard to lose its past reputation for lax anti-money laundering (AML) controls.
Its ‘steering committee for combating money laundering and terrorist financing,’ jointly headed by the ministry of home affairs, ministry of finance, and the monetary authority of Singapore (MAS) published the country’s first ‘national risk assessment report’ on money laundering and terrorist financing in January 2014.…
OECD STEEL COMMITTEE TO DISCUSS EXCESS CAPACITY, TRADE POLICIES
The continuing excess capacity in the world’s steel industry and its drag on the sector’s economic health will again be a key focus of the Organisation for Economic Co-operation & Development’s (OECD) steel committee when it next meets in Paris from June 5 to 6.…
BRAZIL IS CLOSED FOR EUROPEAN TEXTILE MARKET, LAMENTS EUROPEAN TEXTILE INDUSTRY
THE DIRECTOR general of the European Apparel and Textile Confederation (EURATEX) has called on the European Union (EU) to keep pushing for a free trade deal between the EU and the Mercosur trade bloc, notably because it is dominated by Brazil (also including Argentina, Paraguay, Uruguay and Venezuela), which today remains a tough market for the European textile industry.…
CHINA TACKLES PHARMA LOGISTICS AS REGULATORY PUSH FORCES CONSOLIDATION
Beijing’s traffic-clogged streets have in the past year become used to the sight of white vans emblazoned with the words ‘China Cold Chain Pharma’ and the website www.pharma56.com. The fleet of vans is one visible product of the China Pharmaceutical Cold Chain Alliance (CPCCA), an industry alliance founded in 2011 with the official goal of “achieving effective integration” of the cold chain logistics across the country’s fast-growing but very fragmented pharmaceuticals sector.…
NEW PLAYERS PUSH FOR BUSINESS AS ESTABLISHED COMPETITORS LOST COST AND SAFETY ADVANTAGE
The increasingly fluid global market for outsourcing enables brands to switch countries for their manufacturing needs, and it is in the interest of exporting countries to make it easy for them.
Cambodia’s garment industry has been the beneficiary of sourcing shifts from more expensive countries such as China in recent years, attracting manufacturers with some of the lowest labour costs in the world, a past reputation for reasonable working conditions and favoured access to US and European Union (EU) markets.…
ITALY’S COSMETICS INDUSTRY EXPORTS KEEPS SALES BUOYANT DURING TOUGH ECONOMIC TIMES
WHEN the Percassi family, owners of the successful make-up brand KIKO Make Up Milan, purchased in October 2013 a UNESCO-listed historic industrial site called Crespi d’Adda in northern Italy, it was not only a sign of their success, but proof of the old adage that tough economic times can be good for the beauty industry. …
INTERNATIONAL REGULATORY ROUND UP – SUGAR SECTOR WANTS OUT OF TRANS-ATLANTIC TRADE DEAL
REPRESENTATIVES from Europe’s sugar industry want sugar to be excluded from the current free trade negotiations between the United States and the European Union (EU). Speaking at an EU-US Transatlantic Trade and Investment Partnership (TTIP) briefing in Brussels, Oscar Ruiz de Imaña – the deputy director general of the European Association of Sugar Producers (CEFS), warned of the uncertainties in the sugar markets on both sides of the Atlantic.…
LATIN AMERICA AND ESPECIALLY ARGENTINA TRAILS DIGITAL PUBLISHING TRANSFORMATION
The e-book market in Latin America is trailing far behind those in Europe and the United States, frustrating editors gathered at the 40th Buenos Aires International Book Fair – ‘Feria del Libro de Buenos Aires’ (April 24 to May 12).
In Argentina, where publishers and readers seem reluctant to abandon print, the e-book market has remained stagnant over the past year.…
EMERGING MARKET COUNTRIES MOVING TOWARD MORE LOCAL VACCINE MANUFACTURE
ALTHOUGH two-thirds of vaccine research and development (R&D) globally is carried out by European firms, manufacturers in China, India and Brazil are becoming increasingly muscular and “moving from dependency to self-sufficiency” experts at a two-day conference in Brussels on vaccine research heard last week.…
BANGLADESH RMG EXPORTS RISE IS MORALE-BOOSTING: BKMEA
BANGLADESH’S readymade industry expects a 10-15% growth in exports for the current fiscal year ending June, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) acting president Mohammad Hatem has told just-style.
The first eight months of the fiscal year fetched a “morale- boosting” 16.68% rise to USD16.13 billion compared to last year’s USD13.83 billion.…
LVMH SNAPS UP CASHMERE CLOTHIER LORO PIANA
THE LVMH Group has strengthened its position in the luxury clothing segment by acquiring a majority stake in one the world’s most exclusive luxury brands, Italy’s Loro Piana. All relevant regulatory approvals were secured by December 2013, including the unconditional merger clearance by the European Commission.…
CHINA, KOREA AND JAPAN FACE SIMILAR CHALLENGES IN MARINE COATINGS SECTOR
THREE of the world’s biggest marine coatings markets – China, South Korea and Japan – have a lot in common even though they face diverse market conditions across Asia, according to market analysts. China’s shipyards will power growth in the Asia-Pacific marine coatings market, but it is the major international coatings companies and their China-based joint ventures that remain in prime position to benefit, according to new research from consultancy Frost & Sullivan. …
NICARAGUA RAISES FOOT-AND-MOUTH ALARM OVER US LIFTING BRAZIL BEEF IMPORT BAN
THE NICARAGUAN government has raised fears that the planned reopening of the US market to Brazilian beef could risk spreading foot-and-mouth disease (FMD) to north and central America. Its representatives spoke out at a meeting this week (Thursday March 26) of the World Trade Organisation’s (WTO) sanitary and phytosanitary committee, in Geneva.…
NORDIC NONWOVENS REPORT FEATURE
NORDIC nonwoven companies Suominen, Ahlstrom and Fibertex are fast emerging from the post-2008 economic downturn fitter and leaner. This follows five years of cost-cutting and market re-alignment projects that included unit divestments, strategic acquisitions, and increased use of automation to reduce costs and strengthen profitability.…
EU ROUND UP – EU AGREES NEW FUEL EMISSIONS LIMIT – BUT PLANS TIGHTER CONTROLS
THE EUROPEAN Parliament has approved a new target for CO2 emissions from cars in the European Union (EU) of 95g CO2/km in 2021, but the European Commission is already plotting tighter controls. Welcoming MEP’s vote, European Union (EU) climate action Commissioner Connie Hedegaard said: “It is clear that long-term clarity is important for the car industry.…
INTERNATIONAL OLIVE OIL AGREEMENT NEGOTIATIONS FOCUS ON NEW MEMBERS, STANDARDS
NEGOTIATIONS for a renewed International Agreement on Olive Oil are intensifying in Madrid. The agreement runs out at the end of this year and its member jurisdictions, of which the European Union (EU) is the biggest, are working to forge a new agreement by December.…
RAPESEED AND OLIVE OIL TO BENEFIT THE MOST FROM THE CETA AGREEMENT
CANADIAN rapeseed oil and European olive oil stand to benefit the most from the Comprehensive Economic and Trade Agreement (CETA) concluded between the European Union (EU) and Canada last October (2013) experts predict.
The reason is that these are the two main products with major trade significance between the two when it comes to oils and fats, stressed an EU official.…
EU HEALTH ALERT SERVICE WARNS OF BRAZIL E-COLI MEAT CONTAMINATION CASES
THE EUROPEAN Union’s (EU) RASFF food safety alert service has warned of e-coli being detected in Brazilian meat cargoes exported to Europe. Dutch customs officials rejected three consignments of chilled beef from Brazil after discovering they had been contaminated with shigatoxin-producing Escherichia coli.…
EU AND BRAZIL INTENSIFY MEAT AND LIVESTOCK HEALTH CONTROL COOPERATION
THE EUROPEAN Union (EU) and Brazil are to boost their cooperation over health controls in their trade in meat and livestock, said a joint communiqué released after a summit meeting in Brussels. Both sides said they would boost “longstanding bilateral relations” and “raise the level of communication, cooperation and engagement to solve sanitary and phytosanitary issues in line with the principles, regulations, rights and obligations” set out by the World Trade Organisation (WTO).…
WTO TRADE FACILITATION AGREEMENT BROADLY WELCOMED BY PLASTICS SECTOR
A NEW World Trade Organisation (WTO) agreement cracking down on trade-based red tape, inappropriate fees and bad practice could have a significant and beneficial impact on the plastics industry if implemented in full, say experts. WTO officials may warn that it could take between three and five years for member countries to ratify this agreement on trade facilitation, but they argue changes should be worth the wait.…
WTO TRADE FACILITATION AGREEMENT WILL HELP MOVE LEAF AND MANUFACTURED PRODUCT WORLDWIDE
THE WORLD’S tobacco trade is not always a straightforward affair, being held up by export and import licence applications, port dues, quality checks, corruption and unusual red tape. A new World Trade Organisation (WTO) Agreement on Trade Facilitation, struck last December, is designed to ease some of these difficulties.…
SRI LANKA’S APPAREL EXPORTS SURPASS USD4 BILLION TARGET
Sri Lanka’s apparel and textile sector exported a record USD4.3 billion in 2013 and its Joint Apparel Association Forum (JAAF) has predicted overseas sales will continue rising this year.
Its president Noel Piyatilake told just-style said the industry is targeting an ambitious mark of USD6 billion exports by 2020, making Sri Lanka one of the world’s top 10 apparel exporting countries.…
EU AND BRAZIL TALKS BEGIN IN EARNEST
TALKS between the European Union (EU) and Brazil to forge comprehensive air transport agreement have begun, with the aim of swiftly finalising a formal deal. Officials from both sides met in Brazil on January 30 and 31. They wanted to make enough progress for politicians to anoint an agreement in principle at the EU-Brazil summit on February 27, in Brussels.…
HOW TO GET ETHICS INTO THE ORGANISATION
RECENT scandals involving the mis-selling of financial products, the rigging of the LIBOR interest rate for interbank lending, insider fraud, and bribery and corruption throughout and beyond companies’ supply chains are costing organisations dearly both financially, reputationally and legally.
In the US, the Foreign Corrupt Practices Act (FCPA) lies in wait for wrongdoers; in the UK it is the 2010 Bribery Act.…
EU ROUND UP – BRUSSELS WANTS GLOBALISATION OF INTERNET GOVERNANCE
THE EUROPEAN Commission has called for significant globalisation of Internet governance. It has released a detailed policy paper that suggests a clear timetable over the next two years for globalising the currently US-based ICANN (Internet Corporation for Assigned Names and Numbers) and its associated IANA (Internet Assigned Numbers Authority).…
CANADIAN GOVERNMENT LAUNCHES OVERSEAS STUDENT RECRUITMENT PLAN
Canada’s higher education sector has welcomed a comprehensive strategy released by the Canadian government for recruiting more foreign students into its institutions.
Announcing a new International Education Strategy on Wednesday (Jan 15), the country’s international trade minister Ed Fast accepted that Canada could profit more from the lucrative global international student market.…
INDIA BUFFALO TRADERS PREPARE FOR CHINA EXPORT BOOM BY ROUTING DELIVERIES THROUGH VIETNAM
Indian buffalo meat exports to Vietnam have doubled in volume and tripled in value within a year as Chinese traders use the southeast Asian country for channelling their meat trade to bypass an official ban on direct imports, globalmeatnews.com has been told.…
BRAZIL CAR TARIFFS HAVE CURBED CAR IMPORTS, TAKEN RESEARCH JOBS AWAY, SAYS EU OFFICIAL
BRAZIL’S taxes on imported products, meant to encourage domestic production, has curbed imports of motor vehicles from the European Union (EU) and in some cases even moved research and engineering jobs from Europe to Brazil, an EU official has told wardsauto.com. …
BRAZIL TO HOST TEXTILE FAIRS FEATURING INNOVATIONS, LATEST TRENDS
BRAZIL-based textile industry conferences in 2014 will focus on innovation, with the country’s fabric sector seeking to trade up to higher end products.
Fairs such as Première Vision, have been growing in size. The bi-annual event was staged this month in São Paulo from January 21-22, with a follow up meeting from November 4 to 5.…
2013 PRICES CHEER SPANISH BEEF AND PORK PRODUCERS
SPANISH meat producers secured increasingly healthy prices in 2013 as the country crept out of recession in the second half, figures from its ministry of agriculture, food and the environment (MAGRAMA) show.
Category E pork (55% – 59% leanness) rose by 11.4% on 2012 to average EUR1.936 per kilo, 10.3% greater than the European Union (EU) average, peaking at EUR2.171/Kg.…
EUROFER WELCOMES WTO TRADE FACILITATION DEAL - UK STEEL DOUBTS ITS SHORT-TERM IMPACT
The European steel association Eurofer has welcomed the striking of the new global trade deal by the World Trade Organisation (WTO) which should ease import and customs procedures that can slow the delivery of steel and steel products to export customers.…
GLOBAL STEEL INDUSTRY STRUGGLE WITH EXCESS CAPACITY, RESTRICTIVE TRADE: OECD STEEL COMMITTEE
The global steel industry continues to faces significant financial difficulties, exacerbated by excess capacity and restrictive trade policies, according to the Organisation for Economic Co-operation & Development’s (OECD) steel committee, following a two-day meeting in Paris ending today (Friday).
The situation is so dire that “the financial performance of the industry could be viewed as worse now than during the crisis of the late 1990s,” according to a statement from committee chairman Risaburo Nezu.…
GLOBAL STEEL INDUSTRY STRUGGLE WITH EXCESS CAPACITY, RESTRICTIVE TRADE: OECD STEEL COMMITTEE
The global steel industry continues to faces significant financial difficulties, exacerbated by excess capacity and restrictive trade policies, according to the Organisation for Economic Co-operation & Development’s (OECD) steel committee, following a two-day meeting in Paris ending today (Friday).
The situation is so dire that “the financial performance of the industry could be viewed as worse now than during the crisis of the late 1990s,” according to a statement from committee chairman Risaburo Nezu.…
BRAZIL'S PAINT AND COATINGS SECTOR BOOMS IN PREPARATION FOR WORLD CUP, OLYMPICS
BRAZIL will host not only the 2014 FIFA World Cup, but also the 2016 summer Olympic Games, and the resulting significant infrastructure projects are boosting its paint and coatings industry. “These events are having a very positive effect on the Brazilian paint and coatings industry,” said Fabio Humberg, spokesperson for the Brazilian Coatings Manufacturers Association (ABRAFATI).…
BRAZIL'S PAINT AND COATINGS SECTOR BOOMS IN PREPARATION FOR WORLD CUP, OLYMPICS
BRAZIL will host not only the 2014 FIFA World Cup, but also the 2016 summer Olympic Games, and the resulting significant infrastructure projects are boosting its paint and coatings industry. “These events are having a very positive effect on the Brazilian paint and coatings industry,” said Fabio Humberg, spokesperson for the Brazilian Coatings Manufacturers Association (ABRAFATI).…
GREENING MEASURES IN THE NEW EU AGRICULTURAL POLICY TO IMPACT BIOFUEL CROPS
EVEN if the heated political debate over the reform of the European Union’s (EU) common agricultural policy (CAP) has cooled off in Brussels after the final agreement reached in September, the European Commission is still thrashing out the practical rules on how the policy will be implemented.…
BRICS COUNTRIES SEEK TO BOOST BIOFUEL USE, DESPITE FEEDSTOCK AND REGULATORY CHALLENGES
BRAZIL, Russia, India, and China are eager to boost biofuels production, with their governments laying out energy targets and detailed plans to achieve them. And while each country has made progress, manufacturers in all the BRICs countries can still struggle with irregular feedstock supplies and spotty regulation.…
VENEZUELA GOVERNMENT TO USE MERCOSUR PRESIDENCY TO BOOST MEDICINE SUPPLIES
While grappling with chronic shortages of many consumer staples, Venezuela is now looking to boost its supply of medicines and strengthen national healthcare system through its role in as president of the South American trade block, Mercosur.
The government journal El Correo del Orinoco, reported last month that Esperanza Briceño, president of the Rafael Rangel National Institute of Hygiene, would work with Mercosur members to “guarantee medicine access for the entire population.”…
REVIEW OF 2013 CLOTHING AND TEXTILE SECTOR
WINNERS AND LOSERS
RETAIL
WINNERS
ASOS
Fashion retailer ASOS showed online convenience and price are still a winning combination with shoppers. The UK-based online retailer continued its impressive trajectory this year, announcing pre-tax profit had reached GBP54.7m (US$88.3m) for the year ending 31 August, compared to GBP40m in the same period of last year, with retail sales jumping 40% to GBP753.8m, up from GBP537.9m last year. …
EU STARTS WTO TALKS WITH BRAZIL OVER TAX DISCRIMINATION CLAIMS
THE EUROPEAN Union (EU) has launched formal talks at the World Trade Organisation (WTO) with Brazil over claims it imposes discriminatory taxes helping the Brazilian automotive and electronics sector. Brussels claims these companies are benefiting from unfair and illegal advantages by taxing them at special low rates when they operate in Brazilian free trade zones.…
EUROPEAN RESEARCH COUNCIL TO GET TOP BRAINS FROM SOUTH KOREA
THE EUROPEAN Research Council (ERC) will be able to recruit top young scientists from South Korea following an agreement signed by the European Commission and the South Korean government last Friday (Nov 8) in Brussels.
The agreement will make it easier for South Koreans to join research teams led by ERC grantees and be funded by the ERC for six to twelve months.…
DIET CHANGES, ANIMAL FEED DEMAND DRIVE CHINA’S HUNGER FOR PALM, SOY
THOSE who have spent some time walking Chinese supermarket aisles in the past decade will have noticed astonishing changes in the local diet. Increased sales of dairy products and meat are driving demand for soy as an animal feed ingredient, and demand for higher-end consumer products such as ice cream, and confectionery are increasing palm oil requirements.…
GLOBAL AND REGIONAL STANDARDS PUT OIL AND GAS COMPANIES UNDER MORE PRESSURE TO OPERATE SUSTAINABLY
You’ve only got to read the annual reports of the major oil and gas companies to know that sustainability and corporate social responsibility (CSR) are part of the industry’s stock-in-trade these days. No company that values its global reputation or cares about its standing with foreign governments is going to ignore them.…
AUSTRALIAN BEEF EXPORTERS CONCERN OVER RUSSIA LIFTING US BEEF BAN
AUSTRALIAN beef exporters are nervous about a decision by the Russian government – confirmed directly to globalmeatnews.com – that it is planning to lift the existing ban on imports of US beef. It has been banned since this February (2013), with the official reason being the use of beta agonists in US beef production – and since then, Australian exports of high-end (chilled, not frozen) high value beef exports to Russia over the last 10 months have soared.…
COLOMBIA'S PHARMACEUTICAL SECTOR GROWTH THREATENED BY PRICE CONTROLS
ALTHOUGH Colombia’s pharmaceutical sector has enjoyed growth over the past few years, new price controls could disrupt the sector’s expansion if they are poorly planned, industry representatives claim.
Their concerns focus on the reaction to maximum price controls on medication recently approved by the government.…
THAILAND’S TAX BREAKS MAP CHANGES IN INVESTMENT POLICY
THAILAND’S new tax incentive scheme, due to take effect in just over a year, is provoking mixed reactions from tax experts and foreign investors.
As the country looks to move away from low-cost, low-value, environmentally damaging manufacturing industries towards those that might foster a sustainable, knowledge-based economy, Thailand’s Board of Investment (BOI) has drawn up a new investment promotion policy that will go into effect in January 2015.…
SPAIN E-BOOK SALES GROW SLOWLY, IMPEDED BY CONTINUED ECONOMIC GLOOM
E-books now look more like evolution than a revolution in Spain. Overall sales of books were Euro EUR2.47 billion last year, down 10.9% on 2011 and 28.9% below 2008. E-book sales were EUR74.3 million, just 3% of the sector, representing 54,714 copies sold.…
INTERNATIONAL REGULATORY ROUND UP – EU-CANADA TRADE DEAL WILL HELP CONFECTIONERS
EUROPEAN Union (EU) and Canadian confectioners can look forward to increasing their trans-Atlantic trade once a new free trade agreement between the EU and Canada comes into force, probably in 2015.
The EU-Canada Comprehensive Economic and Trade Agreement (CETA), announced on October 18, will remove most tariffs for confectionery and sweet bakery products imposed by both sides on each other’s exports.…
MIXING TECHNOLOGY MAKES INCREMENTAL INNOVATIONS – KEEPING CORE PRINCIPLES INTACT
PRODUCERS of confectionery mixing machinery around the world continue to improve their machines, but generally opt for incremental improvements in sanitation and multi-purpose functions rather than creating entire new products.
Dutch confectionery equipment producer Tanis Confectionery, plans to unveil new mixing technology at Germany’s Interpack processes and packaging trade fair in May, Leo Tanis, CEO of Tanis Confectionery told Confectionery Production.…
MOOCS NOT A THREAT TO UNIVERSITIES, CONFERENCE HEARS
MASSIVE open online courses (MOOCs) are not a threat to bricks-and-mortar universities as some in Europe fear, a conference organised yesterday (Thursday) in Brussels by the Academic Cooperation Association (ACA) and the European University Association (EUA) heard.
One reason that should reassure universities is the difference between the students who study on campus and those who choose to study through MOOCs.…
INFOVISTA OFFERS MOBILE TELCOS THE INFORMATION TO MAKE THE RIGHT OPERATIONAL AND STRATEGIC DECISIONS
THE INCREASING complexity of mobile telecommunications networks and the companies that operate them highlights why telcos should leverage their user and performance data to optimise service. But with companies having to operate second and third generation services while rolling-out LTE 4G systems, this optimisation planning is no simple task, especially as it also has to include boosting monetisation while keeping customers happy with core services.…
INNOVATION WIDENS SOURCES OF MATERIALS FOR FIBRE MANUFACTURING
Any market and industry benefits from supply diversification, so major textile and clothing companies can take heart from continued innovation amongst fibre and fabric producers over sourcing. This extends, for instance, to sourcing material from unusual places such as milk and fishing nets, while creating more opportunities for traditional sources such as flax.…
INTERNATIONAL COTTON GROUP CONSIDERS PROMOTING THEIR FIBRE FOR FIRST TIME
SENIOR figures within the global cotton industry are considering promoting sales of their fibre proactively for the first time, as price shifts are allowing synthetics to seize more market share. Kevin Latner, president of Cotton Council International, argued at the International Cotton Advisory Committee’s (ICAC) 72nd plenary session, in Colombia, for the industry to persuade consumers that cotton is a sustainable and quality fibre.…
EU FOOD SAFETY NETWORK WARNS OF CONTINUED SALMONELLA MEAT CONTAMINATION
THE EUROPEAN Union’s (EU) food and feed safety rapid alert network (RASFF) has warned of continued detections of salmonella contamination of imported meat and meat products across Europe. In most instances, consignments were exported from other EU member states. It reported six salmonella meat contamination cases between October 21 and 24 for instance.…
SPORTSWEAR INNOVATORS SEEK HIGH PERFORMANCE ERGONOMIC DESIGNS THAT STAY WITHIN THE RULES
HIGH tech innovators in sportswear and outdoor equipment are developing fabrics and garments that do more and perform better, from health monitoring to slowing the effects of aging. Many inventions spring from unlikely source materials, for instance waste milk. And for sports, manufacturers have to be especially clever – ensuring their innovations avoid creating uncompetitive advantages that break sporting rules.…
BRAZILIAN AIRPORT EXPANSION MOVES AHEAD AS WORLD CUP LOOMS
ACCORDING to World Bank data on Brazil, air transport measured in passengers carried jumped from 32.3 million in 2003 to 94.6 million passengers in 2012. And airport infrastructure has failed to keep up with this rapid growth in demand. Adding the extra 600,000 tourists which the Brazilian Institute of Tourism expects to visit the country during the 2014 FIFA World Cup and Brazil’s creaking airports could struggle to cope.…
BRUSSELS APPROVES BRAZIL-BASED INTERNATIONAL MEAT COMPANY EXPANSION
A SIGNIFICANT set of acquisitions by Brazilian meat major JBS has been given European Union (EU) regulatory approval by the European Commission. Acting as Europe’s international competition regulator, the Commission approved JBS’ purchase from Brazilian food processor Marfrig Alimentos of Netherlands-based Columbus Netherlands BV also known as Zenda) and six Brazilian-based companies that together form the Seara group.…
COMPANIES FALL SHORT ON CORRUPTION SAFEGUARDS
SEPTEMBER 12, 2013: MULTINATIONAL companies are less worried about the risk of having to pay bribes to ‘buy business’ than they are about lower level corruption affecting their routine operations. Despite concern, only half of them have safeguards in place.
These findings in a new survey from global risk consultancy Control Risks and the Economist Intelligence Unit are at odds with international enforcement efforts focused on “classic” corruption, i.e.…
EU MINISTERS AUTHORISE CONTINUED NEGOTIATIONS WITH BRAZIL ON OPEN SKIES DEAL
THE EUROPEAN Union (EU) Council of Ministers has authorised the European Commission to reopen negotiations with Brazil on forging an open-skies deal. The vote follows the failure of an original round of negotiations, launched in 2010, to secure an agreement. But with Brazil now seeking a broad based trade deal between its Mercosur bloc and the EU, prospects for an aviation agreement look brighter.…
BRAZIL CALLS HALT TO AIRPORT PRIVATISATION
THE BRAZILIAN government will not push ahead with further airport privatisations while it considers the impact of its first five sales, the country’s civil aviation secretary Wellington Moreira Franco has announced. He said remaining airports will stay with state-owned manager Infraero, while the five privatised airports are monitored: São Paulo’s Guarulhos and Campinas-Viracopos airports; Brasília International; Rio de Janeiro’s Galeão airport and Belo Horizonte’s Tancredo Neves.…
OPEN ACCESS TO RESEARCH PUBLICATIONS INCREASINGLY AVAILABLE
More academic papers are now available for free than in paid-for peer reviewed journals, according to a study released yesterday (Wednesday) by the European Commission’s directorate general for research and innovation.
“This new research suggests that open access is reaching the tipping point, with around 50% of scientific papers published in 2011 now available for free,” Brussels said in a statement.…
BANGLADESH TO IMPORT 200,000 TONNES OF COTTON ANNUALLY FROM UZBEKISTAN
BANGLADESH is planning to import 200,000 tonnes of cotton annually from Uzbekistan in a new multi-annual deal to be finalised shortly. Negotiations are underway to set its terms in a Memorandum of Understanding between the two governments, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Atiqul Islam told just-style.…
DEMAND GROWS FOR TECHNICAL TEXTILES IN BRAZIL
BRAZIL is an innovative technical textile producer, declares a report from a senior São Paulo’s business school the Getúlio Vargas Foundation (FGV), despite the sector experiencing teething problems as it expands. Looking at the Brazilian textile sector as a whole, the study estimates that 77% of investment into the sector during 2012 was used to buy innovative machinery – and the technical textile sector especially has a lot of demand to meet.…
RASFF NETWORK WARNS OF SALMONELLA CONTAMINATION IN EU MEAT TRADES
THE EUROPEAN Union’s (EU) food and feed safety rapid alert network (RASFF) has warned of a spate of problems involving salmonella contamination of imported meat and meat products. In some instances, consignments were exported from outside the EU, and others, within it.…
CHINA’S HUGE INVESTMENT IN LATIN AMERICA IS A GREAT OPPORTUNITY BUT WHAT ARE THE RISKS?
THERE was much fanfare in Managua in June when Nicaraguan officials granted a concession to build a USD40 billion canal, which would challenge the great Panama Canal. The unlikely builder: a Chinese businessman, Wang Jing, chairman of China-based Xinwei Telecom Enterprise Group and president of the newly established Hong Kong Nicaragua Canal Development Investment Co.…
SINGAPORE JOINS THE TOP TABLE FOR TAX TRANSPARENCY, AND PREDICTS CONTINUED FINANCIAL STABILITY
IN signing up to the Organisation for Economic Cooperation & Development’s (OECD) multilateral agreement on tax information transparency, Singapore has moved to address a major paradox that applies to its banking, business and financial operations.
Singapore scores exceptionally highly in global anti-corruption indexes – in 2012 it was ranked fifth by Transparency International out of 176 nations, behind only Denmark, Finland, New Zealand and Finland, for its lack of perceived corruption.…
MANUFACTURERS SEEK IMPROVEMENTS IN SPEED, PRESSURED BY FAST FASHION RETAIL
To meet apparel and textile brands’ desire to move into fast fashion, manufacturers have begun to embrace new production processes that improve efficiency and performance. Apparel and textile manufacturers have been slower than many other manufacturing industries to embrace supply chain improvements in speed, but are now succumbing to pressure from brands moving into fast fashion retail.…
VENEZUELA COSMETICS SECTOR HIT BY SUPPLY CRUNCH
Venezuela’s cosmetic craze is renowned throughout the region. A beauty culture exists that – besides boosting sales – has produced six Miss Universe winners, six Miss World winners, six Miss Internationals and one Miss Earth. But despite the extra attention given to personal care in this Andean nation, residents have recently been hard pressed to find the most basic of necessities, such as soap and shampoo.…
LATIN AMERICA – MAJOR GROWTH ZONE FOR PERSONAL CARE PRODUCT SECTOR
WHILE it is hard to generalise about a region as diverse as Latin America, the truth is that many of its consumers are more concerned about personal appearance than is typical elsewhere in the world, and that is good news for the personal care product industry.…
PERU EYES BRAZIL AS FERTILE TEXTILE MARKET, WHILE BRAZIL’S TEXTILE INDUSTRY STRUGGLES TO COMPETE
The Brazilian textile manufacturing industry may come under threat as neighbouring Peru eyes up opportunities for expansion in Latin America’s biggest textile market. Peru currently exports USD102 million in textiles and apparel to Brazil annually (in 2012), and these exports have been increasing annually by 15% on average since 2010 according to the Brazilian Textile and Apparel Industry Association (ABIT).…
OECD RAISES CONCERNS ABOUT TAX HAVEN TAX INFORMATION EXCHANGE
THE ORGANISATION for Economic Cooperation & Development (OECD) has released detailed reports on 13 countries, mostly key financial centres, highlighting some shortcomings their providing tax information with foreign tax authorities. Particular problems were underlined with the British Virgin Islands (BVI), where there where “difficulties obtaining and exchanging information for tax purposes” from July 2009 to June 2012, with a “significant proportion” of responses to tax information requests being “incomplete”.…
CHINA’S TOBACCO BUREAUCRACY PAYS OUT GENEROUS SUBSIDIES TO ENCOURAGE BETTER VARIETIES, DRYING TECHNIQUES
CHINA’S tobacco growers are set for a bumper crop of subsidies this year (2013), which will see state payments to leaf growers pass Chinese Yuan Renminbi CNY15 billion (USD2.44 billion) for the first time, up from CNY14.7 billion (USD2.39 billion) paid out in 2012.…
OECD STEEL COMMITTEE CHAIR TELLS GOVERNMENTS TO EASE STEEL INTERVENTION
The chairman of the influential steel committee of the Organisation for Economic Cooperation & Development (OECD) has told steel-making countries to ease off subsidising the sector to fight overcapacity.
In a statement released after a two day meeting of the committee in Paris, Risaburo Nezu noted that: “Excess capacity is one of the biggest challenges facing the steel industry today.”…
SMART MONEY TARGETS OIL AND GAS TECHNOLOGY
THESE are brighter days for oil and gas technology entrepreneurs as investors ranging from business angels through venture capitalists, private equity firms and the corporate venture wings of exploration and production (E&P) majors show renewed appetite to back bright ideas with global applications.…
INDONESIAN GOVERNMENT CONSIDERS TEXTILE PROGRAMME REVAMP
THE INDONESIAN Textile Association (API – or Asosiasi Pertekstilan Indonesia) has told WTiN that the Indonesian government is considering revamping its policy programme designed to boost investment in the sector. He added that the industry is also looking to improve its own competitiveness by focusing increasingly on higher value products.…
BRAZIL CAR SAFETY RULES MAY PUSH SOME MODELS OFF BRAZILIAN ROADS
POPULAR models in the Brazilian car market are likely to vanish from the streets in Latin America’s largest nation as new safety standards come into play. Brazilian automotive experts have said that the upcoming car safety law, which will be enforced from the start of 2014, will make popular models such as the Volkswagen Kombi, still commonly driven in Brazil, unfit for driving and too costly to upgrade.…
ATTEMPT TO INTRODUCE BRAZIL TEXTILE REFORM PACKAGE DELAYED BY PROTECTIONISM CONCERNS
A COMPREHENSIVE Brazilian government plan to boost Brazil’s textile industry has been delayed because the programme would have included protective duties that could put the country in breach of its World Trade Organisation (WTO) free trade commitments.
A meeting of 313 textile industry and government representatives on June 19 in the capital Brasilia failed to back a proposed ‘competitive tax regime for the textile sector’ (RTCC, is its Brazilian acronym).…
HVDC DEVELOPMENT AND INNOVATION RAMPS UP
RECENT technical advances and headline projects show how companies with market leadership in high voltage direct current (HVDC) and Ultra HVDC (UHVDC) are pushing the envelope of what these technologies can do.
Since Sweden’s ASEA (now part of Swiss multinational ABB) installed the world’s first commercial HVDC link, under the Baltic Sea to the Swedish island of Gotland in 1954, it has become the technology of choice for transmitting current over very long distances on land or subsea.…
US TO DISCUSS EXCESS STEELMAKING CAPACITY WORLDWIDE, TRADE DISTORTING POLICIES AT OECD STEEL COMMITTEE
The United States will express concerns about foreign government subsidies that fuel excess steelmaking capacity worldwide at Monday and Tuesday’s (July1-2) Organisation for Economic Co-operation & Development’s (OECD) steel committee. The US and other key steel-making countries are scheduled to meet in Paris for two days of talks.…
NEW PARAGUAY PRESIDENT FACES CHALLENGES WITH ILLICIT CIGARETTE TRADE
THE ELECTION of tobacco magnate Horacio Cartes as Paraguay’s President cy was mired by scandalous accusations of corruption, and now experts say he will do little to confront the country’s flourishing contraband cigarette trade.
Mr Cartes, 56, is a business tycoon and newcomer to politics who owns more than 20 companies, including Paraguay’s largest cigarette manufacturer Tabacalera del Este (Tabesa).…
NEW FATF RECOMMENDATIONS SPARKS AML REFORM WORLDWIDE, BUT SOME CHANGES ARE SLOW
THE CHANGES made in 2012 by the Financial Action Task Force (FATF) to global anti-money laundering and terror finance guidance might have been agreed by consensus, but governments are responding in a wide variety of ways. Some jurisdictions considered to be leaders in anti-money laundering (AML) and combating the financing of terrorism (CFT) practice are taking time to respond, while others have taken advantage of the new recommendations to revamp their AML laws and regulations.…
EUROPEAN PARLIAMENT MEMBER RAISES CONCERNS ABOUT THE SAFETY OF BRAZILIAN BEEF
A CENTRE-left Portuguese member of the European Parliament (MEP) Nuno Teixeira has raised concerns about the safety of Brazilian beef after learning that two shipments of Brazilian beef meat have been blocked in the port of Rotterdam after testing positive for the presence of Ecoli bacteria.…
EMERGING MARKETS GIVEN MORE TIME TO ADOPT WTO INTELLECTUAL PROPERTY RULES
THE WORLD’S 49 least developed countries have been given another eight years to implement the intellectual property protection rules demanded by the World Trade Organisation (WTO). This means that their governments have the freedom to choose whether to protect trademarks, patents, copyright, industrial designs, geographical indications and other rights, potentially harming pharma companies.…
US AVIATION FIRMS FIND OPPORTUNITIES IN BOOMING BRAZIL WITH USTDA PARTNERSHIP
The privatisation and expansion of the Brazilian airport sector has proved to be a significant opportunity for the American civil aviation sector, which has been vying for opportunities in Brazil’s air navigation, airport and airport-related services. These opportunities are set to increase with the United States Trade and Development Agency’s (USTDA) having brokered a US-Brazil Aviation Partnership, signed last April and now being rolled out in earnest.…
PERSONAL CARE PRODUCT SECTOR SEEKS GREENER PACKAGING, BUT THE WAY FORWARD IS COMPLEX
may be a big concept, but the road to making personal care product packaging greener is made of small incremental steps that can both provide green marketing benefits and reduce costs.
Recent innovations include reducing the size of containers, while maintaining the volume of product they hold, alongside innovations in using renewable resources and keeping packaging waste out of landfills.…
SUSTAINABILITY may be a big concept, but the road to making personal care product packaging greener is made of small incremental steps that can both provide green marketing benefits and reduce costs.
Recent innovations include reducing the size of containers, while maintaining the volume of product they hold, alongside innovations in using renewable resources and keeping packaging waste out of landfills.…
EU PROTECTIVE DUTIES PROVOKE IRE IN ARGENTINE BIOFUEL SECTOR
is traditionally a major supplier of biodiesel to the European Union (EU) market, but trade flows have reduced sharply in the past year and could fall further with an anti-dumping duty soon expected. An additional anti-subsidy countervailing duty may also be imposed on the Southern Cone nation.…
– DRINKS PACKAGERS LOOK TO COMMUNICATE BETTER WITH CONSUMERS
Drinks packaging design has always been about communicating with consumers – whether it is broadcasting a brand image or delivering information. And with new technologies aiding communication in many ways, interaction is a key theme with international beverage packaging designers today.…
PAKISTAN PUSHES AHEAD WITH BAGASSE CO-GENERATION – BUT WILL IT BE FOR REAL THIS TIME?
AFTER many false starts and delays, Pakistan appears to be finally ready to expand its bagasse and biomass co-generation output by persuading the 83 sugar mills in the country to start production of electricity on commercial basis. The government is planning incentives such as an attractive upfront power purchase tariff and help in capital financing.…
COLOMBIA GOVERNMENT RESPONDS TO SMUGGLED STEEL ALLEGATIONS
A growth in alleged steel smuggling into Colombia has sparked concern by steel workers unions, who have successfully pressured the government to take action against illicit trades. The Colombian authorities are investigating recent steel imports from China and Mexico, fearing they may have breached the country’s trading laws.…
SOUTH AMERICAN FRAUD BOLSTERED BY LAX LAWS
DESPITE the presence of anti-fraud legislation, fraud and corruption are an everyday part of life throughout South America, where fraudsters are unlikely to be convicted, let alone penalised.
“Penalties don’t really have an effect on fraudsters,” said Fernando Gamiz, an analyst at the Association of Certified Fraud Examiners (ACFE), with over 20 years of experience working on South American fraud.…
OAS’ CICAD IS KEY AML PLAYER IN THE AMERICAS
The Inter-American Drug Abuse Control Commission (CICAD), a technical agency of the Organisation of American States (OAS), is playing an increasingly influential role in the Americas in terms of fighting drug-trade linked money laundering. Specifically, CICAD has a central role in the unfolding of the Hemispheric Plan of Action on Drugs 2011-2015 which was adopted by the OAS in 2011, and includes key anti-money launderingAML components.…
AMERICAN CONFECTIONERS SAY LIBERALISE US SUGAR SUPPLIERS BEFORE ATTACKING BRAZILIAN SUBSIDIES
US confectionery industry chiefs have accused an American sugar lobby group of crying wolf with its claims Brazil’s annual USD2.5 million sugar subsidies depress world prices by up to 30%. A recent American Sugar Alliance report slammed Brazilian government programmes saying they give Brazil sugar exporters an unfair advantage
But the USA’s National Confectioners Association (NCA) told just-food that not only do American sugar growers receive USD3.5 billion-a-year in subsidies, US legislation guarantees a minimum price for sugar, forcing consumers and businesses to pay almost double the world price.…
IN GREECE – THE PUBLIC FINANCE AND ACCOUNTING ROT GOES DEEP
THE ECONOMIC and social chaos that has riven Greece in the past few years appears at last to be subsiding, but one part of the healing process is accepting want went wrong in the first place – and new revelations do not make encouraging reading.…
ERP/PLM USAGE GROWS IN EMERGING MARKETS
Emerging markets, with their major outsourcing sectors, offer an excellent marketplace for operational software vendors.
This is especially the case as American and European markets mature.
In China, textile and clothing manufacturers are not known for their heavy IT investment, but the financial crisis of 2008 has slowly pushed them into adopting management software such as ERP and PLM to cut costs through optimising their operations, said Patrick Hu, sales director at the Huansi International Group, a Hong Kong-based software vendor specifically targeting Chinese manufacturers.…
BRAZIL AUTO MARKET BECOMES MORE DIVERSE AS INCOMES RISE
BRAZIL’S growing economy has given many Brazilian motorists purchasing power they have never had before. This – plus effective social welfare policies and an end to past hyper-inflation – has grown Brazil’s middle class, which is now about 54% of the 196 million population, according to the country’s presidential office for strategic affairs.…
BRAZIL FACES BOOM IN AUTO PRODUCTION
WITH the Brazilian government actively deterring automotive imports and working to encourage the construction of auto plants on Brazilian soil, domestic and international car companies are setting up new plants in Brazil at a steady clip.
The country is already the world’s seventh largest automotive producer.…
SOPHISTICATED FAKE EUROPEAN TOBACCO SMUGGLING SYSTEM UNVEILED IN GERMANY COURT
A COMPLEX international supply web supporting an illicit business of tobacco counterfeiters, losing European Union (EU) governments Euro EUR50 million in duties, has been unveiled in a German court. Details were revealed in a case at the Berlin-Moabit criminal court convicting a German-Russian co-national to nine years jail.…
BRIBERY GOES THIRD PARTY TO AVOID LAW ENFORCEMENT SQUEEZE
IS the suitcase or manila envelope full of cash still a favoured means of exchange between briber and bribed, or has bribery become so sophisticated that such basic methods are now foresworn? It would appear so – at least, third parties are now readily employed to obscure a bribe trail.…
CAR PRODUCTION DOWN IN BRAZIL, BUT FUTURE MARKET POTENTIALLY HEALTHY FOR DOMESTIC PRODUCERS
BRAZIL’S government is betting its domestic automotive manufacturing sector will recover its production after output declined 1.9% for all vehicles (barring agricultural vehicles) in 2012 compared to 2011, according to Brazil’s National Association of Automotive Vehicle Manufacturers (ANFAVEA).
With overall industrial production in Brazil falling 2.7% last year (2012), the Brazilian Institute for Geography and Statistics (IBGE) said “vehicles exerted the highest negative influence on the overall index, pressed by the decrease in the production of approximately 80% of the products surveyed in this sector, highlighted by the smaller production of trucks, tractor trucks for trailers and semi-trailers, chassis with motor for trucks and buses, diesel motors for trucks and buses, car pieces and vehicles for transportation of goods.”…
LATIN AMERICA’S BIGGEST MARKETS SEE SLOW BUT STEADY COATINGS SALES GROWTH
WHILE Latin America has not seen the growth witnesses by emerging markets in Asia, their paint and coatings sectors are still strengthening, and can build on a higher historic levels of prosperity than most Asian countries.
And the industry is more robust than many.…
VENEZUELA'S STRUGGLING STEEL SECTOR SEES HOPE POST-CHAVEZ
Venezuela’s steel industry and investors are hoping the country’s Interim President Nicolás Maduro will break with the policies of his late predecessor Hugo Chávez, which have severely buffeted a once largely private and highly profitable sector.
“The disaster of the industry is a combination of policy and mismanagement,” explained analyst Robert Bottome, director of the Caracas-based VenEconomy Publications Group.…
CHINA LAUNCHES NEW FLY ASH URBAN MINING POLICY
CHINA is poised to promote the collection and utilisation of fly ash generated from coal power plants.
The government urban mining plan, which comes into effect on March 1, overhauls an existing fly ash management strategy that has been in place for almost a decade, said a communiqué from the powerful National Development and Reform Commission (NDRC).…
GHANA'S LONG PROMISED SECOND INTERNATIONAL AIRPORT UNDERWAY
AFTER years of promises, the Ghanaian government, with some help from Brazil, is ready to make good on its pledge to equip Ghana with a second international airport. Construction under the government’s USD174 million plan to upgrade Tamale Airport, in northern Ghana, to enable it to better handle the international traffic for which it was designated in 2008, should begin this summer, according to Bernard Nyavor, the passengers director of Ghana’s Kotoka International Airport (KIA), in the capital Accra.…
BRICS DRINKS LOGISTICS - SWOT ANALYSIS
Strengths:
China has a booming e-commerce sector, and growing online drinks retailers are building more warehouses nationwide. They need to balance ‘just-in-case’ and ‘just-in-time’ demands and also the need for flexibility versus low inventory. Negotiating these logistical pressures is vital in this huge yet highly fragmented market.…
EUROPEAN MEAT PRODUCERS EYE HIGHER SHARE FOR PORK IN JAPAN
THE EUROPEAN Union (EU) should be the second supplier of pork to the Japanese market, up from the fourth place now, once a planned EU-Japan free trade agreement (FTA) is in place, Jean-Luc Mériaux, secretary general of the European Livestock and Meat Trading Union (UECBV) told globalmeatnews.com…
MOSLEM LEADERS ALLEGE HARASSMENT OF MEAT TRADERS IN INDIA BY HINDU EXTREMISTS
THE LEADERS of India’s 160-million plus Muslim community that dominates the country’s meat trade is complaining of persistent harassment by Hindu hardliners.
Zafarul-Islam Khan, president of the All India Muslim Majlis-e-Mushawarat (AIMMM), a Delhi-based religious organisation AIMMM, told globalmeatnews.com that on the pretext of saving cows, deemed sacred by Hindus, activists harass people working in buffalo abattoirs.…
MOSSI & GHISOLFI LAUNCH GROUNDBREAKING SECOND GENERATION BIOETHANOL PLANT IN NORTHERN ITALY
Mossi & Ghisolfi, an Italian petrochemical multinational with headquarters in the northern city of Tortona, has commenced operations at a second generation bio-ethanol demonstration plant that uses rice straw and the common giant cane ‘Arundo Donax’ as a feedstock.
The plant is located in Crescentino, about 120 km southwest of Milan in Italy’s Piedmont region.…
EU OLIVE OIL ACTION PLAN BROADLY WELCOMED BY BIG EUROPEAN PRODUCERS
THE EUROPEAN Commission has put forward an action plan aimed at creating a lasting remedy for Europe’s troubled olive oil sector which has suffered a near-calamitous loss of profitability in recent years. Unveiled last June, the plan follows a sequence of temporary and not wholly successful boosts to the sector in the form of injections of private storage aid between October 2011 and May last year.…
ELI LILLY PAYS MORE THAN USD29 MILLION IN SEC SETTLEMENT
THE USA’s Securities & Exchange Commission (SEC) has settled a bribery case with Indiana-based pharmaceutical Eli Lilly & Company, where the company has agreed to pay more than USD29 million in fees, penalties and charges. Lilly was charged with violations of America’s Foreign Corrupt Practices Act (FCPA) over alleged bribes by its subsidiaries to foreign government officials in Russia, Brazil, China, and Poland, in return for business.…
INTERNATIONAL FRAUD NEWS ROUND UP – CHINA ANTI-GRAFT PLAN DRAFTED
THE CHINESE government is drafting a new five-year anti-corruption plan for 2013 to 2017, which is expected to increase supervision of lower-ranking Communist party cadres. To be finalised and published before June, the new plan, said a Politburo statement is likely to “intensify supervision of officials’ adherence to various disciplines…” The statement backed more “limits and supervision of officials’ power and campaigns to promote a clean work style at grassroots levels…”
Other recent international fraud news:
*Global law enforcement representatives and football executives have met for the first time at a conference held to combat match fixing frauds, which generate millions of dollars of illicit gambling revenue for organised crime syndicates.…
BANGLADESH’S SEEKS TO DIVERSIFY KNITWEAR EXPORT MARKETS
DECLINING demand from the USA and European Union (EU) for Bangladesh knitwear has not dampened the world’s second largest clothing exporter from aiming high. Rather, Bangladesh is planning to more than double its current knitwear exports, to USD20 billion by 2020, seeking out new markets.…
COLOMBIA CLOTHING SECTOR EYES EUROPE AS TARGET FOR MARKET DIVERSIFICATION
Colombia’s clothing export sector is eyeing Europe as a key market for diversifying its sales away from a reliance on the United States and neighbouring South American countries. Senior industry officials speaking at the major Latin America textile and apparel trade fair, Colombiatex, staged last week in Medellin, said they would pro-actively seek out European sales.…
GHANA COCOA INDUSTRY GROWS, BUT WORRIES ABOUT CLIMATE CHANGE
BY PACIFICA GODDARD
GHANA is particularly vulnerable to climate change according to recent studies, putting its vital cocoa and oil palm industries under threat. The International Centre for Tropical Agriculture (CIAT), based in Bogotá, Colombia, released a study in September 2011, which claims that much of Ghana and Cote d’Ivoire will be too hot for cocoa production by 2050.…
EU MARKETING BAN ON ANIMAL TESTED COSMETICS TO BE ENFORCED DESPITE LACK OF ENOUGH ALTERNATIVE METHODS
BY CARMEN PAUN IN BRUSSELS
IN a move which critics might claim animal welfare is being given priority over human safety, the European Union (EU) is about to implement a marketing ban on all cosmetics which have been tested on animals since March 11, 2013.…
COSMETICS IN CAMEROON: BOOMING AND UNREGULATED
BY TRICIA OBEN, IN DOUALA
THE GROWTH in the Cameroon personal care product sector in the past few years has been phenomenal. Imports of cosmetic products alone grew by more than Central African Franc XAF10 billion (United States Dollar USD19.1 million) in 2011, up from XAF31 billion (USD 62 million) in 2010, according to figures supplied by Cameroon customs.…
AUTO MANUFACTURERS WORLDWIDE GRAPPLE WITH THE CONCEPT OF 'PEAK CAR'
BY MARK ROWE
For decades the car industry in the developed world has expanded remorselessly. But a recent flurry of academic papers has come to the conclusion that the West (and other rich countries such as Japan and Australia) may have hit a plateau known as ‘peak car’.…
STEADY GROWTH FOR ETHIOPIAN TOBACCO SECTOR - HELPED BY CRACKDOWN ON ILLICIT TRADE
BY JONATHAN DYSON, IN ADDIS ABABA
THE TOBACCO market in Ethiopia is set for significant growth over the coming years, due to rising incomes and a range of measures designed to reduce the volume of contraband cigarettes being consumed in the country.…
THE EU SET TO DEFEND ITS CAR MANUFACTURERS FROM ARGENTINA'S IMPORT RESTRICTIONS
BY JONATHAN GILBERT, IN BUENOS AIRES; AND CARMEN PAUN, IN BRUSSELS
The World Trade Organization’s (WTO) dispute settlement body discussed today in Geneva a complaint lodged by the European Union (EU) against Argentine import restrictions which is harming EU auto and auto-part exports.…
EU MINISTERS APPROVE LATEST EFFORT TO SOLVE PROBLEMS OVER BRAZILIAN AND THAI POULTRY EXPORTS
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has approved detailed poultry trade agreements with Thailand and Brazil that will tighten EU import rules, calming concerns that previous agreements were too vague and were being exploited by exporters. The new deals are supposed to fulfill commitments made by the EU at the World Trade Organisation (WTO) to allow certain amounts of processed poultry meat from both countries into Europe.…
COUNTERFEIT COSMETICS SALES IN LATIN AMERICA SURGE AS ECONOMIES GROW
Latin America’s robust economy and fascination with beauty has made it a very lucrative region for cosmetics and perfume companies. However corruption, weak border control and smuggling networks are helping to make the piracy of cosmetics and perfumes into a pervasive problem, causing major loss of revenue to both governments and companies alike.…
OPENET EXPLOITS OPPORTUNITIES OF TRANSFORMED TELECOMS LANDSCAPE
BY ROBERT STOKES
STANDING firmly in the middle of the Wi-Fi, cloud, and M2M revolutions has delivered explosive growth for Openet, an Irish based global leader of real-time transaction management software and services.
The middleware firm’s story and strategy neatly illustrates challenges facing operators and the solutions that innovation can provide.…
KEEN TO INCREASE YIELDS, CHINESE GOVERNMENT BACKS GM CROPS, BUT NOT PUBLICLY
BY MARK GAO, IN BEIJING
China is starting to indulge the art of genetically modified (GM) food production, with potential long-term benefits for its oils and fats sector. But it is more likely to boost imports of soybean and palm oil in the short-term to make good shortfalls in supplies of bio-based oils and fats.…
EU CONFIRMS BEEF EXPORTERS AS LOSERS IN NEW GSP LOW DUTY REGIME
BY KEITH NUTHALL
THE EUROPEAN Commission has confirmed key beef exporters Brazil, Argentina and Uruguay will be excluded from the European Union’s future GSP low import duty regime for emerging markets, as they are now too rich to benefit. Brussels has released a list of countries that will qualify for this special status and the Brazilians, Argentines and Uruguayans are not included, along with middle-income countries such as Venezuela, Belarus, Russia, Kazakhstan, Malaysia and others.…
OVERMATTER
BY MARK GAO, IN BEIJING
Having long vowed to produce 95% of its food needs locally, Beijing has been forced to look more to grain imports as demand for grains grows. This is most strikingly so in soybeans, which the country imports from Brazil and the US to feed the 600 million pigs it slaughters every year.…
CHANGE IN EU GSP SYSTEM TO IMPACT EUROPEAN INDUSTRIAL MINERALS
BY CARMEN PAUN IN BRUSSELS
THE EUROPEAN Commission is hoping that the recent overhaul of the European Union’s (EU) Generalised Scheme of Preferences (GSP) will increase the flow of rare earth metals and aluminium oxide into the EU. Concerns persist about supplies of these important industrial minerals.…
NEW SESAR DEMINSTRATION PROJECTS ANNOUNCED
BY KEITH NUTHALL
A THIRD series of pre-operational demonstration projects across Europe designed to encourage the take-up of environment-friendly air traffic management systems has been announced by the Single European Sky ATM Research Joint Undertaking (SESAR JU).
This series of AIREIII (Atlantic Interoperability Initiative to Reduce Emissions) demonstrations on aircraft emission reductions will, said a SESAR note "show that it is possible to fly more environmentally friendly trajectories with commercial flights, using current technologies."…
ETHIOPIA PLOTS MAJOR INTERNATIONAL AIRPORT CAPACITY EXPANSION
BY JONATHAN DYSON, IN ADDIS ABABA
A NEW airport in Ethiopia is to become the main international hub in the country. With rapidly growing traffic at Addis Ababa Bole International Airport over recent years, plans are underway to build a major new airport that would supersede Bole as the country’s main international airport, while Bole itself would be expanded.…
EU BIOFUEL INDUSTRY GEARING UP FOR SURVIVAL FIGHT WITH POLICY-MAKERS
BY CARMEN PAUN, IN BRUSSELS
EVER since the European Commission announced last month that it would stop subsiding food-based biofuels from 2020 and support the production of secondary biofuels based on waste matter and algae, Europe’s biofuel sector has been preparing to fight for survival.…
EU MINISTERS APPROVE REFORMS TO LOW DUTY SYSTEM
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has today approved a shake-up of its special low duty system for poor exporting countries, which is expected to change tariffs paid on steel and iron and relate ore paid on its entry into the EU.…
EU MINISTERS APPROVE REFORMS TO LOW DUTY SYSTEM
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has today approved a shake-up of its special low duty system for poor exporting countries, which is expected to change tariffs paid on a wide range of industrial minerals paid on their entry into the EU.…
EMA BOSS RASI SAYS AGENCY WILL ACT EASE CURRENT PHARMACEUTICAL SUPPLY SHORTAGES
BY ALAN OSBORN, IN LONDON
Professor Guido Rasi, executive director of the European Medicines Agency (EMA), has told Manufacturing Chemist of his concerns about the availability of medicines in the European Union (EU).
Speaking in his office at EMA headquarters in London’s Canary Wharf, Professor Rasi said EMA wanted "to see what role we can play and what counsel we can give in respect of the problem of the (drug) shortages."…
EU MINISTERS APPROVE REFORMS TO LOW DUTY SYSTEM
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has today approved a shake-up of its special low duty system for poor exporting countries, which is expected to change tariffs paid on a wide range of metals paid on their entry into the EU.…
CANADIAN BEEF PRODUCERS WELCOME RESUMPTION OF WORK AT XL LAKESIDE PLANT
BY LEAH GERMAIN, IN EDMONTON
CANADIAN beef producers have welcomed the resumption of work at the XL Foods Inc. Lakeside plant, which had been closed in September, following an E-coli outbreak. The Brooks, southern Alberta, plant received a new operating licence from Canadian Food Inspection Agency (CFIA) last week.…
EU ROUND UP - BRUSSELS DROPS IDEA OF SPECIAL NANOTECHNOLOGY LAW
BY KEITH NUTHALL
PAINT and coatings companies using nanoparticles in the European Union (EU) will not have to contend with a special nanotechnology environmental health law after the European Commission opposed creating such legislation. This follows a long review, where some environmentalists have pushed the idea, citing the unusual behaviour of nanoparticles, notably how they migrate within consumers’ bodies.…
EU TEXTILE FINISHING CHEMICAL FINSHING IMPORT DUTIES TO RISE
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has streamlined the EU’s special low duty system for poor exporting countries, which will increase tariffs for some EU textile finishing chemical imports. Ministers backed a new generalised tariff preferences (GSP) system, with special low duties henceforth "concentrated on least developed, low income and lower middle-income countries…"
This means richer emerging market paint exporting countries such as Russia, Malaysia and Brazil will attract higher EU tariffs for their exports from January 2014, with India and China likely to follow suit soon.…
EU ROUND UP - BRUSSELS DROPS IDEA OF SPECIAL NANOTECHNOLOGY LAW
BY KEITH NUTHALL
PLASTICS companies using nanoparticles in the European Union (EU) will not have to contend with a special nanotechnology environmental health law after the European Commission opposed creating such legislation. This follows a long review, where some environmentalists have pushed the idea, citing the unusual behaviour of nanoparticles, notably how they migrate within consumers’ bodies.…
US PROJECTS INDIA WILL BECOME THE WORLD'S LARGEST BEEF EXPORTER IN 2012
BY RAGHAVENDRA VERMA, IN NEW DELHI
INDIA will become the largest exporter of beef in the world in 2012, the United States Department of Agriculture (USDA) has concluded in its latest report ‘Livestock and Poultry-World Market and Trade 2012’. The fact creates a rather ironic situation as cows are considered holy by India’s majority Hindu population and killing them can actually lead to a seven years prison sentence.…
EU MINISTERS APPROVE REFORMS TO LOW DUTY SYSTEM
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has today approved a shake-up of its special low duty system for poor exporting countries, which is expected to change tariffs paid on a wide range of meat paid on their entry into the EU.…
EU MINISTERS CONFIRM RACTOPAMINE BAN MUST STAY FOR EU MEAT AND LIVESTOCK
BY ALAN OSBORN
The EUROPEAN Union’s (EU) Council of Ministers for agriculture has upheld a ban on EU meat producers using the growth promoting drug ractopamine and on the import of meat from cattle treated with it. This overrode a decision by the UN’s global food standards body the Codex Alimentarius Commission to allow its use under strict limits.…
LOLLIPOPS LOSING GROUND TO SOFT CONFECTIONARY AND CHOCOLATES
BY KITTY SO
Confectionery consumers worldwide are moving away from the traditional, sugary lollipop to other sweets, driven by health concerns and greater spending power. Market researchers say they are flocking to innovative, functional soft candies offering health benefits while consumers with more money turn to chocolates.…
EXPORTS AND EBOOKS LIGHTEN THE GLOOM IN SPAIN
BY ROBERT STOKES, IN MALAGA
12 SEPTEMBER 2012
SPAIN’s ailing book industry has seen things go from bad to worse throughout 2012 as the country moved centre stage in the Eurozone crisis, government austerity measures hit hard, and unemployment hovered around 25%.…
MEASURING UP? BHUTAN'S PURSUIT OF HAPPINESS
BY TENZING LAMSANG IN THIMPHU
BHUTAN is a small Himalayan nation striving to strengthen its financial infrastructure and transparency while pursuing happiness as an economic policy goal for some 710,000 inhabitants living in a parliamentary constitutional monarchy.
For a perspective on progress, Accountancy Futures talked to Jigmi Rinzin, a hugely influential Bhutanese and Asia accountancy voice as: a member of the Bhutanese parliament serving on several economic committees including the Public Accounts Committee (PAC); former chief auditor at Bhutan’s Royal Audit Authority (RAA); and secretary general of the Asia Regional Association of Public Accounts Committees (ARAPAC).…
LATIN AMERICA
BY MJ DESCHAMPS, IN CALGARY, AND PACIFICA GODDARD
But while the USA offers a degree of complexity within its states, drinks companies face much sterner logistics challenges in Latin America, Marcelo Nascimento, spokesman for leading New Zealand-owned but international system supplier of carton packaging and filling machines for beverages, SIG Combibloc, which has been focusing on Brazil.…
BOLIVIAN COSMETICS INDUSTRY POSES MAJOR GROWTH OPPORTUNITIES FOR COMPANIES, BOTH AT HOME AND ABROAD
BY JONATHAN DYSON, IN LA PAZ
STRONG growth in Bolivia’s personal care market is attracting an increasing number of both international and domestic cosmetics brands, capitalising on rising demand for products across all consumer demographics. This market success can be linked to the country’s overall economic growth in recent years, which has seen GDP rise about 5% per year since the country’s indigenous socialist president Evo Morales came to power in 2006.…
CHINA BREEDING CLONED CALVES, WITH MEAT INDUSTRY LOOKING FOR COMMERCIAL APPLICATIONS
BY WANG FANGQING, IN SHANGHAI
THE BEIJING University of Agriculture (BUA) has welcomed the success of a groundbreaking project to develop a more robust domestic meat and livestock industry by using cloned animals China’s first two genetically modified Qingchuan calves carrying adipocyte fatty acid-binding protein were recently born at an experimental base at the university.…
INTERNATIONAL BRANDS SEEK SALES IN EMERGING MARKETS
BY SHEENA ROSSITER, IN SÃO PAULO; RAGHAVENDRA VERMA, IN NEW DELHI; HELEN CLARK, IN HANOI; AND WANG FANGQING, IN SHANGHAI
WHILE the focus on emerging markets for the big international clothing brands has often been to view them as outsourcing opportunities, the truth is that there are a lot of people with a lot of money in these countries.…
JAPAN'S LUXURY KIMONO SECTOR HAS SHRINK IN SIZE, BUT CORE MARKET IS DEVOTED
BY ROB GILHOOLY, IN TOKYO
Junsaku Koshihara kneels on the tatami mat floor and shows off some of the colourful textiles handcrafted at his family’s atelier in Ome City, north-western Tokyo. Hand-dyed using special hake brushes on hand-woven silk, one shows mandarin ducks sitting on a wind-swept pond sprinkled with cherry blossoms; in another, a red wooden bridge zig-zags across a lake of purple and white lilies.…
EMERGING MARKET COUNTRIES MANAGEMENT BRIEFING OUTSOURCING SUPPLIERS STILL WANT TO DESIGN AND OWN BRANDS - BUT PROGRESS IS SLOW
BY SHEENA ROSSITER, IN SÃO PAULO; RAGHAVENDRA VERMA, IN NEW DELHI; HELEN CLARK, IN HANOI; AND WANG FANGQING, IN SHANGHAI
THE GROWTH in outsourcing has been maybe the most important trend in the clothing and textile sector in the past decade, with emerging market countries offering increasingly reliable and sophisticated services.…
OUTSOURCING WITH THE BRIC COUNTRIES: HOW DO COMPANIES GAIN THEIR FOOTING?
BY MJ DESCHAMPS
OUTSOURCING textile and apparel production is a necessary step along the supply chain for many large international brands, which – more than often – have long-standing relationships with manufacturers abroad. These partnerships have to start from somewhere, though – and with economic development continuing to grow in the BRICs (Brazil, Russia, India, China) and other emerging market countries, there are many third-party companies and services that can help international buyers choose the right manufacturer.…
BRAZIL'S GROWING MIDDLE CLASSES OFFER MAJOR BOUNTY FOR NONWOVENS PRODUCERS
BY SHEENA ROSSITER, IN SÃO PAULO
WITH Europe and north America’s economies continuing to perform poorly, the importance of large emerging markets as growth areas for the international nonwovens sector is growing, especially as their middle-classes expand. Brazil is a case in point, middle class demand for nonwoven consumer products is helping attract the foreign direct investment required to develop new plants and distribution networks.…
AFTER RIO+20, MANDATORY NORM FOR CORPORATE SUSTAINABILITY REPORTING STILL LARGELY DEPENDENT ON GOVERNMENTS
THE GOAL of making sustainability reporting a norm for companies worldwide was boosted by an agreement forged at the United Nations Sustainable Development Conference (Rio+20) in June, but ultimately, national governments will still be responsible for this key policy area.
The investor-led Corporate Sustainability Reporting Coalition (CSRC) led the charge for a deal at the Rio de Janeiro meeting that included solid international commitments on expanding sustainability reporting, and some green activists will doubtless have been disappointed by the result.…
PHASE OUT HARMFUL FOSSIL FUEL SUBSIDIES SAYS RIO+20
BY CARMEN PAUN, IN RIO DE JANEIRO
THE WORLD’S energy ministers are pondering policy responses to ‘The Future We Want’, a document summarising recommendations from the United Nations (UN) Conference on Sustainable Development (Rio+20) which ended June 22 in Rio de Janeiro, Brazil.…
ARGENTINA'S PROTECTIONIST MEASURES HURT AUTO EXPORTS AND IMPORTS
BY JONATHAN GILBERT, IN BUENOS AIRES
ARGENTINA’S protectionist economic policy and controls on imports are causing difficulties for car manufacturers across South America. Auto production is falling in the country – to a certain extent, because parts are being held up at customs – and overseas producers have taken action by cancelling exports.…
KEROSENE STILL KING: HOW TRADITIONAL JET FUEL IS CONTINUING TO TAKE PRECEDENCE OVER BIOFUELS IN AVIATION
BY MJ DESCHAMPS
THE LAST decade has seen significant developments, initiatives and legislation towards integrating biofuels and other environmentally-friendly fuel alternatives into transport and the aviation sector. But while renewable fuels are projected to have a significant stake in fuelling aircrafts going into the future, traditional kerosene jet fuel still maintains a tight grip on the industry.…
RIO+20 AGREEMENT WILL ENCOURAGE DEVELOPMENT OF SUSTAINABLE LIVESTOCK PRODUCTION SYSTEMS
BY CARMEN PAUN, IN RIO DE JANEIRO
AGRICULTURE ministers worldwide are digesting the details of the agreement struck at the United Nations (UN) Conference on Sustainable Development in Rio de Janeiro, Brazil, which stressed the need for livestock production systems to be more sustainable.…
FASHION TRENDS BECOME HARMONIZED ACROSS BORDERS THROUGH GLOBAL FAST FASHION EXPANSION
BY MJ DESCHAMPS
WHILE cities such as Milan, Paris, New York City, and London have historically been seen as the global ‘fashion hubs’ – acting as meeting spots for high-end designers, fashion shows, luxury retail outlets and fashionistas – the rise of fast fashion has been diffusing that concentration a bit; making cutting-edge trends more accessible to the rest of the world.…
USA AND BRAZIL LAUNCH AIRPORT EXPANSION PARTNERSHIP
BY LEAH GERMAIN
BRAZILIAN airport officials are meeting with US trade and development representatives to discuss a new partnership designed to create new export opportunities for US businesses while helping improve Brazil’s civil aviation infrastructure.
The US-Brazil Aviation Partnership was launched in April and focuses on familiarising Brazilian aviation officials with US technologies, best practice and regulatory approaches regarding airport modernisation.…
PERU'S APPETITE FOR COSMETICS GROWS ALONG WITH ITS GDP - AND INTERNATIONAL BEAUTY BRANDS ARE CASHING IN
BY JONATHAN DYSON, IN LIMA
A GROWING demand for personal care products in Peru, paired with the country’s rising GDP (6.9% in 2011, and forecast to grow another 5.5% in 2012), is creating significant new opportunities for both international and domestic cosmetics brands, who are reaping the benefits of Peru’s strong economic growth.…
OIL AND GAS COATINGS KEEP UP WITH GROWING ENERGY DEMANDS AND HARSHER EXPLORATION CONDITIONS
BY MJ DESCHAMPS
AS global demand continues to grow for oil and gas, and energy prices increase – with companies drilling deeper; sending oil rigs out further out to sea; and exploring new regions with extreme climates – industry coatings are undergoing much development and innovation.…
INGREDIENT SUSTAINABILITY PROGRAMMES EXPANDING, DESPITE CONCERNS OVER INDONESIAN PALM OIL
BY MARK ROWE
FOR products that are marketed for their ability to sooth and generate the feel-good factor, the sustainable sourcing of cosmetics ingredients causes plenty of headaches for manufacturers and suppliers. The industry is in a period of transition, in which several of the world’s multinationals are engaging in a step change in how they go about sourcing the oils they need, and the public wants.…
AFTER RIO+20, CIVIL AVIATION INDUSTRY LOOKING AT A SUSTAINABLE GOAL ON MOBILITY
BY CARMEN PAUN, IN RIO DE JANEIRO
THE AIRPORT and civil aviation industry wants sustainable development goal to be established on mobility and transport when a new set of United Nations sustainable development goals (SDG) are agreed by 2015. Its call has come after world leaders meeting at the United Nations (UN) Sustainable Development conference Rio+20 in Brazil last week decided to replace the current millennium development goals, which expire that year.…
AUTOMOTIVE BIOPLASTICS FUNCTIONAL AS WELL AS ECOFRIENDLY
BY KITTY SO
FORD, Fiat, Mercedes-Benz, BMW, Toyota, Mazda, and Hyundai: the list of car manufacturers switching to bioplastics for internal components is full of heavyweights and growing.
Attracted initially by environmental benefits, car makers and their suppliers now ask what added functionality they can get from non-compostable, bio-based materials.…
ENGLISH-ONLY POSTGRADUATE COURSES AT MILAN POLYTECHNIC SPARK PROTEST
BY LEE ADENDORFF, IN LUCCA
The Politecnico di Milano, one of Italy’s leading technical universities, has announced that from the beginning of the 2014 academic year, all Master of Science and PhD courses will be taught exclusively in English. The switch to English at the expense of Italian however has met with opposition from some of the institution’s professors, and 285 have signed a petition to the Rector.…
EU ROUND UP - CONFECTIONERY INDISTRY FIGHT PROPOSALS TO DELAY END OF EU SUGAR QUOTAS
BY KEITH NUTHALL
EUROPE’S confectionery industry is fighting rearguard moves at the European Parliament to delay the abolition of European Union (EU) quotas on EU sugar production. A report from French conservative MEP Michel Dantin on the new EU Common Agricultural Policy (CAP) has proposed that the quotas stay until 2020 – they are currently to be phased out by 2015.…
ERNST & YOUNG PESSIMISTIC OVER EXTENT OF GRAFT IN INTERNATIONAL BUSINESS
BY KEITH NUTHALL
ACCOUNTING giant Ernst & Young has claimed nearly half of chief financial officers worldwide – still struggling with the global economic crisis – would undertake unethical and potentially illegal actions to protect their companies.
Its latest global fraud survey said that of almost 400 CFOs questioned, 47% "felt one or more… possibly questionable actions that may help the business survive…could be justified in an economic downturn".…
COURSE CREDITS FOR VOLUNTEERS MOVE UP THE AGENDA
BY HANA KAMARUDDIN, IN SELANGOR, MALAYSIA
Students in some Asian countries, such as Japan, Indonesia and South Korea now earn credit hours for voluntary work, an incentive that builds volunteering into the university assessment system and promotes community work as an integral part of higher education, a conference has been told.…
PERU'S INKABOR DIVERSIFIES AND GROWS AS BORATES MARKET EXPANDS
BY JONATHAN DYSON, IN AREQUIPA, SOUTHERN PERU
PERU’S Inkabor, one of the world’s leading borates producers, is significantly increasing its product range as it capitalises on growing demand in several key sectors, senior managers told Industrial Minerals. Speaking at its Rio Seco boric acid and borax plant in Arequipa, southern Peru, Flavio Magheri, Inkabor managing director, said that Inkabor’s sales grew by 15% in 2011, with 10% growth forecast for 2012.…
EU U-TURN ON BIOFUELS ILLUSTRATES PERILS OF LEGISLATING IN HASTE
BY KEITH NUTHALL, MJ DESCHAMPS, PACIFICA GODDARD AND KARRYN MILLER
GOVERNMENTS can get things wrong – badly wrong – and alter the planet’s human and natural geography in ways that were never intended. And one of those embarrassing events is now unfolding: over the promotion of biofuels.…
ACI ECONOMIC DEVELOPMENT BRIEF ENCOURAGES AIRPORT MANAGERS TO THINK OUT OF THE BOX
BY LEAH GERMAIN
AIRPORTS must focus on creating new sources for commercial revenue at their facilities outside their core air industry service, such as food and beverage, retail and rental services, to diversify revenues in today’s competitive market, the director of economics and programme development at Airports Council International’s (ACI) explained.…
MINING EXPERTS CALL ON PERU GOVERNMENT TO FIGHT ILLEGAL GOLD
BY JONATHAN DYSON, IN LIMA
THE PERUVIAN government is facing increasing pressure to combat illegal mining following the publication of a report which says that exports of illegal gold from Peru have reached around USD1.8 billion per year – greater than the value of the country’s drug trade, which it says is worth around USD1.2 billion per year.…
BRUSSELS RELEASES GUIDANCE ON TRANPORTING GENERIC MEDICINES ACROSS EUROPE
BY KEITH NUTHALL
THE EUROPEAN Commission has told European Union (EU) customs officials not to seize generic drugs being transported across the EU, if they think they will not be diverted for illicit sale in member states. The advice follows World Trade Organisation (WTO) complaints brought by India and Brazil against the EU over seizures of generic medicines transiting the EU, which are protected by intellectual property rights if there were actually sold to EU consumers.…
ALGAL R&D DEMONSTRATES MOMENTUM
BY ROBERT STOKES
ALGAE have been heralded as the universal raw material of the future for biofuels, agricultural feed, nutritional supplements, biochemicals and cosmetics. They gobble up CO2, can clean up waste water, and many will thrive in seawater when the fresh variety is usually limited to the sunnier climes where algae can be grown more cheaply.…
ALGAL R&D DEMONSTRATES MOMENTUM
BY ROBERT STOKES
ALGAE have been heralded as the universal raw material of the future for biofuels, agricultural feed, nutritional supplements, biochemicals and cosmetics. They gobble up CO2, can clean up waste water, and many will thrive in seawater when the fresh variety is usually limited to the sunnier climes where algae can be grown more cheaply.…
MYANMAR'S CLOTHING INDUSTRY HAS TOUGH ROAD TO FOLLOW TO BECOME NEW ASIAN OUTSOURCER
BY KARRYN MILLER AND JEN SWANSON, IN YANGON
MYANMAR’S clothing industry looks set to grow as the country once shunned by the west starts to reform. Following pro-democracy leader Aung San Suu Kyi’s release from house arrest in November 2010, the government has taken steps to boost foreign relations and attract investors from abroad?although…
SUGAR OFFERS AFRICAN BIOFUEL PRODUCERS A FEEDSTOCK - BUT DEVELOPMENT WILL BE CHALLENGING
BY BILL CORCORAN, IN CAPE TOWN; MOHAMMED YUSUF, IN NAIROBI; AND KEITH NUTHALL
A BOOK launched at last December’s Durban international climate change conference has focused on the growing potential for sugar to be a biofuel feedstock in Africa. ‘Bioenergy for Sustainable Development and International Competitiveness:
The Role of Sugar Cane in Africa’ was written by 44 authors representing 30 organisations in 16 countries and was published by Routledge.…
EUROPE'S EMISSION TRADING SCHEME HITS CHOPPY WATERS - BUT OTHER NATIONAL SCHEMES SHOW MORE PROMISE
BY MARK ROWE
WHEN the European Union (EU) set up the world’s first carbon trading market in 2001, the Emissions Trading System (ETS), advocates heralded a new dawn: carbon pollution could be brought under control in a way that benefited the environment while not damaging industrial interests.…
INDONESIA COMES UNDER FIRE OVER MEAT IMPORT LICENSING
BY LEAH GERMAIN
THE UNITED States Trade Representative (USTR) has joined forces with the European Union (EU) to press Indonesia to simplify its licensing for meat and livestock imports. The US and Canada, with the support of the EU, Brazil, New Zealand, Japan and Switzerland, have complained to the World Trade Organisation’s (WTO) import licensing committee, claiming that Indonesia’s tough licensing for meat and livestock imports could seriously damage trade.…
EUROPE'S EMISSION TRADING SCHEME HITS CHOPPY WATERS - BUT OTHER NATIONAL SCHEMES SHOW MORE PROMISE
BY MARK ROWE
WHEN the European Union (EU) set up the world’s first carbon trading market in 2001, the Emissions Trading System (ETS), advocates heralded a new dawn: carbon pollution could be brought under control in a way that benefited the environment while not damaging industrial interests.…
SPAIN VIEWS LONG TERM PRIZE IN LATIN AMERICA
BY ROBERT STOKES, IN MÁLAGA
JUST like El Dorado, the never-was city of gold, Latin America’s 390 million Spanish speakers, are a siren call to Spanish publishers, whose domestic market numbers just 46 million souls. There is even a side bet on 190 million Portuguese speaking Brazilians
Some publishers, lured by these big numbers, have tried and failed in the past, foundering on the reefs of censorship, economic and currency volatility, and the local business culture, though taking forever to get paid – if at all – should not have come as a shock to Spanish firms.…
EU ASKS FOR JUSTIFICATION IN SBV-RELATED BAN
BY CARMEN PAUN, IN BRUSSELS
THE EUROPEAN Commission has demanded that Mexico and Brazil provide a scientific explanation for a new ban on reproductive livestock material imports from the EU. The two countries have banned imports of genetic material from the EU over concerns related to the Schmallenberg Virus, which has been detected in livestock in Britain, Belgium, Germany, France, Italy, Luxembourg, the Netherlands and Spain.…
TEQUILA CHIEF SAYS EMERGING MARKETS ARE KEY TARGET
BY JONATHAN DYSON, IN CANCUN
Eduardo Orendain, president of Mexico’s National Chamber of the Tequila Industry (CNIT), has told just-drinks how his sector is increasingly focused on growing non-USA exports. American consumers drink 80% of Mexico’s tequila exports, with US sales lifting 5.5% last year to 125 million litres, but Orendain said: "We realise there is a growing need to diversify our export markets," adding that there is a particular focus on emerging markets.…
LIBYA REBUILDS ITS AIRPORTS AND ECONOMY POST-CIVIL WAR
BY MEGAN DETRIE, IN CAIRO
A YEAR after the break out of the civil war in Libya which ousted Colonel Muammar Gaddafi from power – but paralysed the economy – the north African country’s airports are just now beginning to reopen, with construction projects likely to resume in the coming months.…
EU OPPOSES BRAZILIAN AND ARGENTINE AUTO PARTS PROTECTIONISM
BY KEITH NUTHALL
THE EUROPEAN Union’s (EU) executive is taking diplomatic action to oppose trade red tape restrictions on EU auto parts manufacturers exporting to Brazil and Argentina. The European Commission has raised concerns bilaterally with Brasilia and Buenos Aires and also at the World Trade Organisation (WTO), where formal disputes proceedings could be launched.…
BUSINESS COACHING GROWING RAPIDLY IN BRAZIL; BUT VARIABLE QUALITY REMAINS AN ISSUE
BY STEPHEN EISENHAMMER, IN RIO DE JANEIRO
BUSINESS coaching in Brazil has been growing significantly in the past few years, with a significant escalation in the number of coaches, coaching companies and training providers. Business coaching has spread rapidly from its beginnings in the Brazilian subsidiaries of big international firms, to big national companies such as industrial conglomerate Votorantim, and even now to many mid-size businesses and the public sector.…
CASE STUDY: LHH COACHING FOR THE 2016 OLYMPIC GAMES COMMITTEE
BY STEPHEN EISENHAMMER, IN RIO DE JANEIRO
INTERNATIONAL talent solutions company Lee Hecht Harrison (LHH) (which acquired Drake Beam Morin) in September of last year, is currently in the process of being commissioned to offer coaching solutions to Brazil’s 2016 Olympic Games Committee, on the back of LHH’s pioneering success offering coaching to Brazil’s 2007 Pan American Games Committee.…
BRAZIL TIGHTENS GELATIN CONTROLS AFTER EU EXERTS PRESSURE
BY KEITH NUTHALL
THE BRAZILIAN government is tightening its gelatin production controls after pressure from the European Union (EU) about health concerns regarding this key capsule ingredient. The European Commission was threatening import restrictions on Brazilian gelatin after consumer health concerns were raised by the European Veterinary Office.…
CHINA STARTS DEVELOPING ORGANIC MEAT SECTOR
BY MARK GODFREY, IN BEIJING
CHINA’S growing numbers of wealthier consumers are now being targeted by local brands producing meat to organic standards but at prices to match and according to a flurry of standards that can be confusing to understand.…
BRUSSELS ACCUSES BRAZIL OF USING RED TAPE TO RESTRICT EUROPEAN TEXTILE EXPORTS
BY KEITH NUTHALL
BRAZIL has been targeted for criticism over increased textile and clothing trade red tape in a new European Union (EU) Trade and Investment Barriers Report (TIBR) released by the European Commission. The paper includes promises by Brussels to use diplomacy to ease such problems.…
NEW QUITO AIRPORT TO BOOST ECUADOR CITY'S TOURISM
BY PACIFICA GODDARD
AFTER five years of work – not to mention delays and complications – the New Quito International Airport is finally poised for completion this coming October, and is set to pave the way for significant increases in trade and tourism in Ecuador’s capital city.…
BRAZIL'S AIRPORTS UNDERGO MAJOR EXPANSIONS IN PREPARATION FOR WORLD CUP
BY SHEENA ROSSITER, IN SÃO PAULO; LEAH GERMAIN AND MJ DESCHAMPS
THE FIFA World Cup never fails to draw huge international crowds to whichever country chosen to play host; boosting tourism and the local economy. However, significant influxes of visitors inevitably strains airport systems – which is why Brazil’s airports are currently undergoing significant expansions to prepare to host the football tournament in 2014, as well as the 2016 summer Olympics in Rio de Janeiro.…
WORKING IN INDIA CAN BE ENRICHING FOR FOREIGN NURSES - ALTHOUGH THE INDIAN GOVERNMENT STILL IMPOSES TIGHT EMPLOYMENT CONTROLS
BY RAGHAVENDRA VERMA, IN NEW DELHI, MINI PANT ZACHARIAH, IN MUMBAI, AND KEITH NUTHALL
WITH nursing qualifications and experience increasingly gaining international recognition, the opportunity for nurses to work abroad during their careers is growing. Also, the export of nurses from poorer to richer countries is increasingly common.…
INDIA CONSIDERES REPREIVE FOR ASBESTOS MINING SECTOR
BY RAGHAVENDRA VERMA, IN NEW DELHI
THE INDIAN government is considering lifting its 25 year ban on issuing new asbestos mine licences, Industrial Minerals can reveal. A senior government mining official said in an exclusive interview that "the matter is under consideration"
BP Sinha, deputy director general of the Indian Bureau of Mines, based in Nagpur, Maharashtra, told Industrial Minerals that the central Ministry of Mines is exploring the possibility of reopening the asbestos mines, now mining companies have access to better technology for ensuring the health and safety of the workers.…
INTERNATIONAL CADMIUM IN CHOCOLATE ROW SET TO RUN AND RUN
BY JAMES FULLER
IF evidence were needed to show how globalised the confectionery sector has become – then look at the row between Ecuador and the European Union (EU) over possible EU controls limiting levels of toxic metal cadmium in cocoa powder and chocolate.…
KIKKOMAN GROWS STEADILY, EVEN WHILE JAPAN'S ECONOMY STAGNATES
BY JULIAN RYALL
THERE is no single secret to creating the best soy sauce in the world, according to the head of the Japanese company that first produced the seasoning as far back as the 17th century. Rather, the secret is a combination of three things, Yuzaburo Mogi, honorary CEO and chairman of the board of directors of Kikkoman Corp.,…
SOURCING - WINNERS AND LOSERS
BY KEITH NUTHALL
WINNERS
TUNISIA
Of all the countries disrupted by the Arab Spring revolts in 2011, Tunisia liberated itself in the swiftest and most business-friendly fashion. This key European supplier rid itself of despotic President Zine El Abidine Ben Ali on January14, and one week later, its textile and clothing sector was back at work.…
INTERNATIONAL ROUND UP - EU SUGAR QUOTAS TO GO
BY KEITH NUTHALL
THE EUROPEAN Commission has confirmed it is scrapping sugar production quotas across the European Union (EU) in 2015 when proposing a comprehensive reform of the EU’s Common Agricultural Policy (CAP). There have been calls from some member states and MEPs for the quota regime to be renewed, but the Commission has stuck to its guns and will continue with abolition.…
BRAZIL'S LEAD IN ALUMINIUM CAN RECYCLING TO BE EXTENDED
BY SHEENA ROSSITER
BRAZIL is set to extend its global leadership in can recycling with millions being pumped into the recycling process. Novelis, one of the world’s largest producers of rolled aluminium products and a global leader in aluminium beverage can recycling, has the leading hand in investment with back-to-back investment of USD360 million having been injected into the aluminium recycling industry over the past two years and in the year to come.…
MEXICO, CHINA TALKS FAIL TO RESOLVE WTO SUBSIDIES DISPUTE
BY KEITH NUTHALL
Talks between Mexico and China at the World Trade Organization have failed to resolve a dispute over Mexico’s claims that China is illegally subsidising its textile and apparel producers, the Mexican government has told just-style. A spokesperson for Mexico’s ministry of economy said the two days of WTO consultations did not result in a settlement, opening the way for Mexico to request a WTO dispute panel to rule on its claims.…
BANGLADESH CLOTHING EXPORTERS PUSH THEIR GOVERNMENT TO HOLD FIRM ON PAKISTANI GSP+
BY RAGHAVENDRA VERMA
BANGLADESH will not oppose the European Union’s (EU) plans to grant Pakistan GSP+ status, just-style has been told. However, the country’s powerful clothing exporters have called on their government to press for the EU to withhold these privileges for products that are important to Bangladesh’s manufacturing industry, including some clothing lines.…
BRAZIL'S DYEING AND FINISHING INDUSTRY FOCUSES ON INNOVATION AND SUSTAINABLITY
BY JILL LANGLOIS, IN SÃO PAULO
BRAZIL’S dyeing and finishing sector is working hard to maintain a commercial edge – especially through environmental good practice – while its key market, the Brazilian textile industry, faces some tough times.
Foreign competition, weak international branding and unhelpful Brazilian government regulations are weakening the textile sector in Brazil: "The industry’s deficit will hit a record USD5 billion [last] year [2011] – we’ve already had to cut 19,000 jobs…" said Aguinaldo Diniz Filho, president of the Brazilian Textile and Apparel Industry Association (ABIT).…
INDIA'S LUXURY CLOTHING MARKET IS TAKING OFF - NEW DELHI CONFERENCE TOLD
BY RAGHAVENDRA VERMA
INTERNATIONAL luxury fashion brands are trying to tap India’s fast growing westerns-style clothing ready-to-wear market and at the same time improving their sourcing chains for luxury fabrics.
At an October (11) conference – ‘Dialogue on Luxury – Making India a Source and Destination of Luxury’ – held in New Delhi, big brands Altagamma, Burberry, Salvatore Ferragamo and Jimmy Choo announced their expansion plans in India and discussed strategies to make their Indian business more profitable.…
JINDAL ALUMINIUM INVESTS IN KARNATAKA PLANTS
BY RAGHAVENDRA VERMA
INDIAN manufacturing giant Jindal Aluminium is investing USD160 million to set up two new plants near the southern city of Bangalore, in Karnataka.
The first unit, costing USD100 million, will have an annual production capacity of 50,000 tonnes of aluminium sheets and foils, and is expected to begin operations by April 2012.…
BRUSSELS APPROVES BRASKEN POLYPROPYLENE PURCHASE FROM DOW
BY KEITH NUTHALL
THE EUROPEAN Commission has removed an obstacle preventing Brazil-based Braskem from becoming the largest polypropylene producer in the USA – approving its purchase of Dow Chemical’s polypropylene business. Brussels, acting as the European Union’s senior competition authority, authorised the acquisition by Braskem America, Inc, the Brazilian chemical giant’s US subsidiary.…
BIOFUELS FACE TOUGH CHALLENGES TO BE A VIABLE EUGREEN ENERGY ALTERNATIVE
BY KEITH NUTHALL
DOUBTS are growing about the wisdom of encouraging biofuel use in the European Union (EU) as a cornerstone of environmental policy aimed at reducing greenhouse gas emissions.
The EU has painted itself into a corner with its renewable energy directive.…
EUROPEAN TELCO MAJOR FIGURES SHOW KEYS TO GROWTH
BY LEE ADENDORFF
THE growth of data revenues and emerging markets contrasted with lacklustre domestic business, particularly in southern Europe, have dominated latest financial figures from the EU’s ‘big five’ telcos – Telecom Italia, Telefónica, France Telecom, Deutsche Telekom and Vodafone.…
EU ROUND UP - BRUSSELS FOCUSES BIOFUEL SUPPORT ON GREENER FUELS
BY KEITH NUTHALL
THE EUROPEAN Commission has taken another step towards focusing the European Union’s (EU) support for biofuel production on those fuels that create at least 35% less carbon emissions than fossil fuels. A key part of this process is using certification schemes to ensure that biofuels are green, taking account of the environmental impact of their production as well as use, and the Commission has now recognised seven of these systems.…
WORLD BANK CALLS FOR REFORMS TO BOOST LATIN AMERICAN FREIGHT TRAFFIC
BY KEITH NUTHALL
THE WORLD Bank has called on Latin American and Caribbean countries to reform their aviation systems and technology to boost predicted slow growth of air freight. A report predicts cargo traffic between the Latin America/Caribbean and the United States – the most important destination market – will grow 5.8% annually between 2010 and 2027.…
YAKULT CONTINUES GLOBAL EXPANSION, TARGETING EMERGING MARKETS
BY WANG FANGQING
Japanese probiotic drinks manufacturer Yakult Honsha Co. has revealed a plan to further expansion in emerging markets including India, Indonesia and Brazil. "As the population in Japan continues to shrink, we have to seek sales growth in emerging markets, where the economy and young populations are booming," said a Yakult spokesman in Tokyo.…
EMERGING MARKET GIANTS SHOW MUSCLE IN AFRICA RECYCLING MARKET
BY TRICIA OBEN
MATERIALS buyers from large emerging market BRIC countries (Brazil, Russia, India and China) have been dominating poorer developing world countries for years now, with Indian and Chinese buyers especially, cornering the car battery recycling market in west Africa’s Cameroon, for instance.…
BRUSSELS LAUNCHES PROBE OF COST OF EU ANIMAL WELFARE RULES
BY KEITH NUTHALL
THE EUROPEAN Commission has launched a Euro EUR1.5 million study into concerns that European Union (EU) animal welfare and food safety rules could harm the global competitiveness of EU meat and other livestock sectors.
Brussels has asked research teams to bid for a major study comparing compliance costs for EU and non-EU country meat producers.…
EMERGING BEVERAGES MARKETS DEVELOP INCREASINGLY EXPENSIVE TASTES
BY WANG FANGQING, MINI PANT ZACHARIAH, PACIFICA GODDARD and MARK ROWE
WITH average incomes in the world’s emerging markets starting to approach western levels – at least in major urban areas – drinks companies are catering to increasingly expensive and refined tastes.…
DRINKS IN 20 YEARS: FUNCTIONALITY, HEALTH AND INDIVIDUALISATION TO REIGN
BY MJ DESCHAMPS
In 20 years’ time, consumers might be looking back on today’s beverage market and laughing at the fact that people were once buying drinks just because they were thirsty.
"We’re going to start seeing a whole lot of new, nutritional ingredients popping up in our drinks soon – functionality will be the biggest theme in 20 years," said Tom Pirko, president of California-based international food and beverage advisory firm Bevmark LLC.…
PACIFIC OCEAN RARE EARTHS COULD BE PROHIBITIVELY EXPENSIVE TO RECOVER WARN EXPERTS
BY KEITH NUTHALL, DAVE YIN and WANG FANGQING
A GOOD deal of excitement has been created by the announcement this week in the UK academic journal Nature Geoscience that significant deposits of rare earths have been found in the Pacific Ocean floor.…
GLOOMY OUTLOOK FOR FREE TRADERS IN KNITTING SECTOR - BUT EU ORIGIN LABEL PLANS DROPPED
BY KEITH NUTHALL and DAVE YIN
THIS has been the year where the European Union (EU) considered imposing a draconian origin labelling law that would have been a major headache for knitwear manufacturers and retailers. In the winter, the European Parliament was seriously discussing insisting on a regulation forcing knitwear and crocheted clothes and accessories imports into the EU to carry country of origin labels.…
EU ROUND UP - BIOETHANOL GROWTH COULD DAMAGE EU FOSSIL FUEL SECURITY OF SUPPLY, SAYS EU REPORT
BY KEITH NUTHALL
A CONSULTANTS report for the European Commission on the impact of biofuel expansion has warned that a reliance on bioethanol could damage the European Union’s (EU) fossil fuels security of supply.
Written by experts from Wood Mackenzie, Ricardo and Celeres, the paper – just released by Brussels – says that with bioethanol sources focused on Brazil and a few other countries, "there is a risk of a high degree of reliance on few sources of ethanol supply."…
EUROPEAN UNION TO CLARIFY MEDICINE TRADE TRANSIT RULES
BY MJ DESCHAMPS
AN ATTEMPT has been made by the European Commission to end disputes between the European Union (EU) and India and Brazil over EU customs’ seizure of generic medicines destined for non-EU markets.
The problems have been sparked by muddles over regulations.…
HAITI AIRPORT FOCUS OF NATIONAL DEVELOPMENT IN POST-EARTHQUAKE FUTURE
BY GARRY PIERRE-PIERRE and KEITH NUTHALL
IT is more than 18 months since the earthquake that ravaged Haiti seriously damaged Toussaint L’Ouverture International Airport in Port-au-Prince, notably its air traffic control tower, rendering it unusable. The airport suffered structural damage to its terminal building walls and there were some major electrical faults.…
BRAZIL JOINS OECD CHEMICAL TESTS SYSTEM
BY KEITH NUTHALL
BRAZIL is the latest major emerging market country to have joined the Organisation for Economic Cooperation & Development’s (OECD) chemical safety data mutual acceptance system. It means regulators and cosmetics companies in Brazil will use OECD methods for non-clinical tests on their chemicals.…
BIOFUELS PROGRESS IN CHINA RESTRAINED BY LACK OF FEEDSTOCK AND GOVERNMENT INFIGHTING
BY MARK GODFREY
THE ENDLESS undulating hills of southwestern China’s Yunnan province may represent the future of biofuels in the country. These sparsely populated, red-soiled hills of pine and scrub are being touted as the place to grow feedstocks such as jatropha to make up for a clamp-down in using edible alternatives such as corn, rice and wheat.…
LATIN AMERICAN COSMETICS MARKET SURGES IN GLOBAL IMPORTANCE
BY PACIFICA GODDARD
LATIN America is proving to be one of the most intriguing and exciting markets globally for beauty and personal care products. "The Latin American cosmetic market grew 20% in 2010, so now it is a market of US dollars USD64 million – almost as big as the north American market," said Mr Jaime Concha Prada, who recently served as president of CASIC, the Chamber of the Latin American Cosmetics Industry.…
COMMISSION CLEARS BRAZIL ORANGE EXTRACT WHOLESALE DEAL
BY KEITH NUTHALL
A NEW giant Brazilian company is to be created, supplying orange oils and essences to personal care product companies worldwide. This will be a joint venture of Brazilian orange juice giants Votorantim and Fischer, an initiative which has now been given competition approval for the European Union (EU) by the European Commission.…
BRAZIL COULD LOSE GSP PREFERENCES FOR KNIWEAR EXPORTS TO EU
BY KEITH NUTHALL
BRAZIL and Argentina are among almost 100 countries expected to lose tariff breaks for their knitwear exports to the European Union (EU), under a planned reform of the EU’s Generalised System of Preferences (GSP) system.
The European Commission announced yesterday (May 10) it wanted to focus import duty concessions on poorer countries and so henceforth those regarded by the World Bank as high or upper middle income states would no longer qualify from January 2014.…
INDIA AND BRAZIL JOIN OECD CHEMICAL TESTS SYSTEM
BY KEITH NUTHALL
INDIA and Brazil have joined the Organisation for Economic Cooperation & Development’s (OECD) chemical safety data mutual acceptance system. It means regulators and companies in these countries will used OECD methods for non-clinical tests on chemicals. As a result, other participating countries (all 34 OECD developed country members plus South Africa and Singapore) will accept Indian and Brazilian test results, promoting their chemical exports.…
RUSSIA TO JOIN OECD ANTI-BRIBERY CONVENTION
BY KEITH NUTHALL
RUSSIA has been invited by the Organisation for Economic Cooperation & Development (OECD) to join its anti-bribery convention. This is despite Russia languishing at 154th out of 178 countries ranked in Transparency International’s 2010 corruption perception index. The OECD acted after its President Dmitry Medvedev signed in May legislation criminalising foreign bribery, with a significant increase in fines for companies and individuals who bribe foreign public officials to gain business advantages.…
BRAZIL AND ARGENTINA COULD LOSE GSP PREFERENCES FOR COSMETICS EXPORTS TO EU
BY KEITH NUTHALL
BRAZIL and Argentina are among almost 100 countries expected to lose tariff breaks for their cosmetics exports to the European Union (EU), under a planned reform of the EU’s Generalised System of Preferences (GSP) system. The European Commission wants to focus import duty concessions on poorer countries and so those regarded by the World Bank as high-or-upper middle income states would no longer qualify from January 2014.…
INTERNATIONAL ROUND UP - ECHA DEMANDS MORE INFORMATION FOR CHEMICALS CLASSIFIED AS INTERMEDIATES
BY KEITH NUTHALL
THE EUROPEAN Chemicals Agency (ECHA) has told manufacturers of intermediate chemicals – including those used in the paint, coatings and solvent sectors – they may have to submit more information under REACH chemical control system. ECHA screened more than 400 dossiers of substances declared as intermediates and has said that 86% have not proved that this special status should apply – the agency requires less information on intermediates than standard chemical substances.…
EU MINISTERS ASKED TO EXTEND USA BIODIESEL DUTIES TO CANADIAN BIOFUEL
BY KEITH NUTHALL
European Union (EU) member states have been asked to approve extending import duties on US-made biodiesel after hearing evidence that US exporters had been evading special EU import tariffs imposed in 2009 by shipping via Canada or mixing it with weaker blends.…
BRAZIL AND ARGENTINA TO LOSE TARIFF BREAKS IN EU GSP REFORM
BY KEITH NUTHALL
Brazil, Argentina, Uruguay and Iran are among almost 100 countries expected to lose tariff breaks for their plastics exports to the European Union (EU), under a planned reform of the EU’s Generalised System of Preferences (GSP) system.
The European Commission announced yesterday (May 10) it wanted to focus import duty concessions on poorer countries and so henceforth those regarded by the World Bank as high or upper middle income states would no longer qualify from January 2014.…
BRAZIL COULD LOSE GSP PREFERENCES FOR CLOTHING EXPORTS TO EU
BY KEITH NUTHALL
BRAZIL and Argentina are among almost 100 countries expected to lose tariff breaks for their textile and clothing exports to the European Union (EU), under a planned reform of the EU’s Generalised System of Preferences (GSP) system.
The European Commission announced yesterday (May 10) it wanted to focus import duty concessions on poorer countries and so henceforth those regarded by the World Bank as high or upper middle income states would no longer qualify from January 2014.…
EU WARNS OF BRAZILIAN PERSONAL CARE PRODUCT FAILINGS IN FRANCE
BY KEITH NUTHALL
EUROPEAN Union (EU) consumer protection network RAPEX has warned three Brazil-made personal care have been subject to recalls in France because their formaldehyde content was found exceeding EU cosmetics directive limits. These included a hair conditioner with chocolate called ‘Lissage Ultime’, sold under the SOCAP Professionnel Paris brand; a ‘Nanokeratin system’ hair straightener; and a BHOME hair shampoo and styling treatment package.…
GREEN PACKAGING DEVELOPMENTS AND DEMAND GROWS IN THE BEAUTY INDUSTRY, DESPITE SLOW RECOVERY FROM RECESSION
BY MJ DESCHAMPS
WITH waste regulations becoming increasingly tight worldwide, and consumers’ environmental consciousness growing, the global personal care product industry has taken note of the lean towards ‘green’, and is starting to reduce packaging complexity.
This is despite leading organic products marketing research firm Organic Monitor recently releasing a not-so-optimistic report on sustainable packaging in the beauty sector – saying that although packaging has the highest environmental footprint within the realm of cosmetics products, it appears to be largely ignored when beauty companies look at sustainability.…
EU AVIATION DEAL WITH BRAZIL FALLS SHORT OF OPEN SKIES AGREEMENT
BY KEITH NUTHALL
BRAZIL and the European Union (EU) have struck a civil aviation access deal, but not an ‘open skies’ agreement like that reached recently between the USA and the Brazilians. Instead, the EU and Brazil merely confirmed direct flight access for their respective airlines: cabotage services will be allowed for freight.…
INTERNATIONAL CONFECTIONERY NEWS ROUND-UP - EU FIGHTS SUGAR SHORTAGES
BY KEITH NUTHALL
HIGH sugar prices and tight supplies are a constant worry for confectionery manufacturers this year, and the European Union (EU) has been trying to keep these problems under control. The International Monetary Fund (IMF) has estimated that global prices rose 81.4% from last July (2010) to this January (2011) and the EU has taken action.…
COPA-COGECA WARNS EUROPE'S BEEF SECTOR COULD BE DEVASTATED BY PLANNED MERCOSUR DEAL
BY KEITH NUTHALL
A ROW has broken out between the European Commission and European Union (EU) food and farm federation Copa-Cogeca over its claims a planned trade deal with South America’s Mercosur would destroy Europe’s beef sector.
The Commission’s trade spokesman John Clancy told just-food such allegations were "exaggerated".…
ECO-TEXTILE RETAILERS WALK A FINE LINE WITH CUSTOMERS
BY EMMA JACKSON
CLOTHING and accessory consumers are fickle at the best of times, and trying to nail down their desires in the growing eco-fashion niche market is proving especially difficult as the industry moves toward environmental responsibility.
On the one hand consumers, (especially young people in mature western markets), are increasingly aware of the environmental and social footprints of fashion and textile production.…
BRICM MARKETS OFFER RETAIL GROWTH TO GLOBAL FASHION SECTOR
BY WANG FANGQING, RAGHAVENDRA VERMA, MARK ROWE and PACIFICA GODDARD
THE BRICM countries (Brazil, Russia, India, China, and Mexico) have long been regarded as sources of cheap quality fabrics and clothes, but as they grow wealthier they are increasingly being regarded as vital international export markets.…
NATURA CONTINUES EXPANSION IN ITS BRAZILIAN DOMESTIC MARKET
BY PACIFICA GODDARD
NATURA, Brazil’s leading producer of personal care products, from cosmetics to perfumes, including face, body and hair products, had a very productive 2010 – launching 191 new products. This included two new lines, Una cosmetics and Amó perfumes, while adding a soap category to its Ekos line, while re-launching Chronos, its anti-aging products line.…
EU SIGNS OFF ON BANANA TRADE DEAL
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has drawn a curtain over the longest running trade dispute in the World Trade Organisation’s (WTO) history – approving December 2009 deals on reducing EU banana import tariffs. These had been struck with the USA, Brazil, Colombia, Costa Rica, Ecuador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Peru and Venezuela solving complaints the EU unfairly favoured Caribbean island banana exports with quota and tariffs.…
BRAZIL'S LUXURY CLOTHING MARKET STARTS TO DEVELOP TASTE FOR LOCAL PRODUCTION
BY PACIFICA GODDARD
BEING beautiful is a full-time occupation for many Brazilians, and clothing retail necessarily benefits from their dedication – as their country grows wealthier, its luxury clothing market can only grow.
In 2010, AT Kearney rated Brazil as the number one developing apparel market in the world, due to rising incomes and a youthful population (60% under the age of 30), unusually fascinated with fashion.…
GLOBAL OLIVE OIL PRODUCTION IS BOOMING
BY LEE ADENDOORF, ALYSSA MCMURTRY, MAKKI MARSEILLES, and KEITH NUTHALL
GLOBAL olive oil manufacturing is on a roll, with the International Olive Council (IOC) saying 2009-10 world production was 3.02 million tonnes, a season-on-season increase of 354,500 tonnes (+13%). This would be the second best olive oil production year ever, next only to the record of 3.17 million tonnes produced in 2003/04.…
BRUSSELS LAUNCHES FORMAL PROBE INTO JUICE JOINT VENTURE
BY KEITH NUTHALL
A FORMAL probe has been launched by the European Commission into a planned joint-venture involving two of the world’s largest orange juice manufacturers – Brazil’s Votorantim and Fischer.
An initial investigation has highlighted "potential competition concerns" in the European Union (EU) regarding orange juice and related oils and essences.In…
LEARN FRAUD FROM THE MASTER FRAUDSTERS, SAYS BRITISH CRIMINOLOGIST
BY ANDY HOLDER
IT is a truism that fraudsters are most knowledgeable about fraud – and that to learn about the problem, the best people to learn from are those who actively obtain property through deception. But that is exactly what Britain’s Professor Martin Gill does.…
BRAZIL EMBARKS ON MAJOR OIL AND GAS PIPELINE NETWORK EXPANSION
BY PACIFICA GODDARD
PETROBRAS, Brazil’s national oil company, has been heavily investing in pipeline technology via a large-scale project to expand its pipeline network. This investment of time, energy and money has put Brazil on the cutting edge of global pipeline technology developments.…
EU ROUND UP - BRUSSELS EXAMINES INDIRECT POLLUTION CAUSED BY BIOFUELS
BY KEITH NUTHALL
SYSTEMIC advantages given to biofuels in the European Union (EU) through tax breaks and subsidies could take a knock this year, with the European Commission examining their indirect contribution to greenhouse gas production.
Brussels already takes account of their direct effect, through production and use emissions, and land use changes on fields used to grow feedstocks: only biofuels with a proven 35% emissions advantage over fossil fuels qualify for environment-linked tax breaks and handouts, under the EU’s renewable energy directive.…
FINNISH BIOFUELS ARE FUELS FOR THOUGHT
BY JOHN PAGNI
NORDICS take their global civic responsibilities seriously – paying more than mere lip-service to requests to cut global warming emissions especially. Finland is a case in point, putting its money where its mouth is when it comes to renewable fuels.…
TURKISH KNITWEAR INDUSTRY UPS ITS GAME TO SEIZE EUROPE SALES - BUT HOW LONG WILL IT LAST?
BY SAMI HALABI
THE KNITTING industry in Turkey is undergoing a paradigm shift as its business model moves from one that relied on margins to one that is dependent on quantity. The economic downturn of late 2008 and 2009 left the industry in a situation with stock orders down to a minimum and the industry having to adapt to a new market dynamic.…
TOYOTA WORKS HARD TO DESIGN MID-MARKET CAR FOR INDIA'S SPECIAL CONDITIONS
BY RAGHAVENDRA VERMA
ATTEMPTING to symbolize the Indian essence of Toyota’s latest sedan made for India’s burgeoning auto market, a Japanese dancer performed classical Indian dance at a special launch concert in the IT hub of Bangalore. The Japanese auto giant will be hoping that the ‘Etios’ will marry high tech and Indian consumer preferences, as a culmination of a four-year-long development process that cost US dollars USD700 million and involved more than 2,000 engineers.…
TAINTED TOBACCO LEAVES GENERATE CHINA PUSH TO RESTORE POLLUTED SOIL
BY WANG FANGQING, ALAN OSBORN
Tainted tobacco leaves generate China push to restore polluted soil
A new report has warned that Chinese tobacco plants are sucking up heavy metals from contaminated soils. The Chinese tobacco industry is challenging the findings, and analysts predict sales will not be weakened.…
WEST AFRICAN AIRPORTS IN UN DRUG SEIZURE INITIATIVE
BY KEITH NUTHALL
INTELLIGENCE advice teams are to be posted at international airports in seven west African countries, to boost the number and effectiveness of illicit drugs seizures at their terminals. This ‘Aircop’ initiative has been organised by the UN Office on Drugs and Crime (UNODC), the World Customs Organisation (WCO) and Interpol.…
WEST AFRICAN AIRPORTS IN UN DRUG SEIZURE INITIATIVE
BY KEITH NUTHALL
37.40
INTELLIGENCE advice teams are to be posted at international airports in seven west African countries, to boost the number and effectiveness of illicit drugs seizures at their terminals. This ‘Aircop’ initiative has been organised by the UN Office on Drugs and Crime (UNODC), the World Customs Organisation (WCO) and Interpol.…
OECD CALLS FOR EMERGING MARKET ANTI-OBESITY POLICIES
BY KEITH NUTHALL
THE ORGANISATION for Economic Cooperation & Development (OECD) has called for emerging market governments to act against rising obesity levels, lest they rival those in rich mature food markets. The Paris-based think-tank has released analysis in the medical journal The Lancet that claims obesity levels in Brazil, China, India, Mexico, Russia and South Africa are rising.…
EUROPE: University experts seek commercial research success
BY David Haworth
Too few universities teach about turning science into specific products to be sold on the markets and lack entrepreneurship departments which instruct ways in which ideas can be turned into money. Dr Bernd Huber, president of the Ludwig-Maximilians-University, Munich, tells an audience of some 300 researchers attending a Brussels conference on the future of Europe’s science and technology.…
POLLEN RULING HITS HONEY TRADE SAY AMERICAN EXPORTERS
BY KEITH NUTHALL
THE AMERICAN Honey Producers Association has told just-food of its fears that a European Court of Justice (ECJ) ruling about honey pollen could flood the US market with honey imports. Richard Adee, the association’s Washington legislative committee chairman, said the ruling, (which said honey made from GM-pollen would require special authorisation for sale in the European Union (EU)), could disrupt global honey markets.…
HYUNDAI TO TARGET BOOMING CHINESE PROVINCIAL MARKETS
BY MARK GODFREY
THE CEO of a Hyundai-Beijing Auto joint venture has told wardsauto that while three out of 10 cars sold globally will be sold in China by 2015, sales will be dominated by car-markers who get key emerging trends in the country’s provincial markets right.…
THE SOUR SIDE OF CONFECTIONERY - A LOOK AT THE TOXINS THAT CAN SHOW UP IN SWEETS
BY MJ DESCHAMPS
ALTHOUGH the production of confectionery products is on the lower end of the spectrum when it comes to susceptibility to food contamination scares, there are still certain, specific vulnerabilities that exist in the production of chocolates and sweet bakery items.…
SMOKING IN BRAZIL FALLING, BUT INNOVATIVE MANUFACTURERS KEEP REVENUES BOUYANT
BY DOM PHILLIPS
BRAZIL is a huge and complicated tobacco market. Cigarette consumption is in decline – 2% down, in 2010, according to market researcher Euromonitor, whose August 2011 report Cigarettes in Brazil says sales have fallen from 89.8 billion sticks in 2005 to a predicted 83.4 billion in 2011.…
RUSSIA RECEIVES UNUSUAL PRAISE FOR OPENNESS
BY KEITH NUTHALL
THE RUSSIAN government received unusual praise from a Revenue Watch Institute and Transparency International assessment of public disclosures of oil, gas and other mineral management. It placed Russia third, out of 41 countries, behind Brazil and Norway. Mexico and Chile were fourth and fifth.…
DIGITAL BUZZ SURROUNDING SPANISH PUBLISHING FOCUS OF THIS YEAR'S MADRID INTERNAITONAL BOOKFAIR
BY ROBERT STOKES
A SURGE in e-book reading in Spain coincides with exhibition space being devoted to digital publishing for the first time ever at LIBER, the International Book Fair for the Spanish speaking world, from Wednesday to Friday this week in Madrid.…
JINDAL DENIES BOLIVIA GOVERNMENT CLAIMS OVER INVESTMENT SHORTFALLS
BY RAGHAVENDRA VERMA
INDIA’S Jindal Steel and Power has refuted allegations made by the Bolivian government that the company has failed to meet it investment commitments made in 2007 while winning the development rights for the Latin American country’s 20 billion tonne El Mutún iron ore mine.…
LOCAL SPIRITS CAN OFFER IMPORTERS A COLOURFUL ARRAY OF NICHE OPTIONS
BY PACIFICA GODDARD, KARRYN MILLER, GARRY PIERRE-PIERRE, KEITH NUTHALL
FOR niche spirits, obscure can be good – and so products made in countries not renowned for their spirits production can gather export market cache. Latin America and the Caribbean are regions where effort by buyers can pay dividends.…
GLOBAL - NICHE SPIRITS HIT BY THE RECESSION, BUT THE LONG-TERM OUTLOOK IS ROSY
BY ALAN OSBORN
DEFINING a niche drink is an arbitrary matter and what may pass as niche today may well be considered mainstream tomorrow. Flavoured vodka, for instance, had a relatively specialised following in Europe until a few years ago – now it is classified as an official spirit drink under European Union (EU) regulations.…
FRANCE AND BRAZIL CALL FOR GLOBAL ACTION ON FOOD PRICE STABILITY
BY KEITH NUTHALL
THE FRENCH and Brazilian governments have forged an unusual European-emerging market alliance, calling for increased coordination among G20 states during food supply crises, and tighter regulation of the global food market. They have issued a joint communiqué calling for the creation of global and regional food stocks, close monitoring of global cereal stocks especially, greater regulation of food market derivatives, and the creation of financial mechanisms (including price guarantees) to protect food producers from excessive price fluctuations.…
2010 REVIEW OF THE YEAR - CLOTHING AND TEXTILE SECTOR
BY KEITH NUTHALL
RETAIL – WINNERS AND LOSERS
WINNERS
H&M
The Sweden-based brand expanded across the world this year, planning to open 220 new stores, mostly in western Europe and the US. Hennes & Mauritz’ (H&M) third quarter sales of SEK26.89bn (US$4bn) showed a sharp 14% increase on the previous quarter.…
IFC CREATES NEW CLIMATE BUSINESS GROUP
BY KEITH NUTHALL
CLIMATE control concerns will be integrated into all investment and advisory services offered by the International Finance Corporation (IFC), of the World Bank. It has created a new ‘Climate Business Group’ to undertake this work and grow IFC climate-related investments to more than US dollars USD3 billion within three years.…
EMERGING MARKETS MAKE TYRE RECYCLING A BIG GLOBAL BUSINESS
BY DEIRDRE MASON
SALES of new cars are still holding up surprisingly well despite the global downturn, but within a few years of their purchase, how many of them will be running on retread tyres?
The signs are that the market for retread and recycled tyres will grow, as world demand for rubber grows, particularly in China.…
CHINA POWER; REPATRIATED HIGH-END PRODUCTION; ECOTEXTILES AND GM COTTON - A TASTE OF THE FUTURE FOR CLOTHING AND TEXTILES
BY EMMA JACKSON
THE TEXTILE and clothing industry maybe almost unrecognisable from its organisation today in 10 years’ time: Chinese-owned offshore production; unstoppable e-commerce, demand for eco-textiles, shifting luxury markets to Asia’s new middle class, and higher prices for everyone, are just some predictions.…
TRADE BENEFITS LOOM FOR TOBACCO SECTOR IF WORLD TRADE ORGANISATION GRASPS DOHA NETTLE
BY KEITH NUTHALL
SIGNIFICANT benefits to tobacco and tobacco product companies will present themselves if a deal on the long-running Doha Development Round is clinched next year at the World Trade Organisation (WTO). And some diplomats at the WTO’s base in Geneva are asking if agreement is not reached next year, whether the current negotiations will be scrapped.…
CHINA POWER; REPATRIATED HIGH-END PRODUCTION; ECOTEXTILES AND GM COTTON - A TASTE OF THE FUTURE FOR CLOTHING AND TEXTILES
BY EMMA JACKSON
THE TEXTILE and clothing industry maybe almost unrecognisable from its organisation today in 10 years’ time: Chinese-owned offshore production; unstoppable e-commerce, demand for eco-textiles, shifting luxury markets to Asia’s new middle class, and higher prices for everyone, are just some predictions.…
TOBACCO CONSUMPTION IN INDIA PROJECTED TO RISE OVER THE LONG-TERM
BY MINI PANT ZACHARIAH
BOB DYLAN was spot on: "One man’s loss always is another man’s gain." The stringent anti-smoking laws passed in India as a result of the World Health Organisation’s (WHO) framework convention on tobacco control’s have stubbed out cigarettes from public places.…
CHINA POWER; REPATRIATED HIGH-END PRODUCTION; ECOTEXTILES AND GM COTTON - A TASTE OF THE FUTURE FOR CLOTHING AND TEXTILES
BY EMMA JACKSON
THE TEXTILE and clothing industry maybe almost unrecognisable from its organisation today in 10 years’ time: Chinese-owned offshore production; unstoppable e-commerce, demand for eco-textiles, shifting luxury markets to Asia’s new middle class, and higher prices for everyone, are just some predictions.…
TOBACCO CONSUMPTION IN INDIA PROJECTED TO RISE OVER THE LONG-TERM
BY MINI PANT ZACHARIAH
BOB DYLAN was spot on: "One man’s loss always is another man’s gain." The stringent anti-smoking laws passed in India as a result of the World Health Organisation’s (WHO) framework convention on tobacco control’s have stubbed out cigarettes from public places.…
GLOBAL - DEMAND FOR 'NATURAL' DRINKS INGREDIENTS RISING IN MATURE DRINKS MARKETS
BY ALAN OSBORN, KARRYN MILLER, GAVIN BLAIR, KEITH NUTHALL
MOST drinks manufacturers would bridle at the accusation that they used anything unnatural to make their products: after all poisoning consumers is bad for business. But in the world of marketing, everything is relative, and some ingredients are so fresh and untainted with processing chemicals that they can, simply, be sold as being more ‘natural’ than standard inputs.…
INTERNATIONAL CONFECTIONERY NEWS ROUND-UP - SUGAR FRAUDS UNCOVERED IN EU
BY KEITH NUTHALL
SUGAR has been at the centre of continuing concern about fraud draining European Union (EU) budgets of duty revenue. The latest operational report from EU anti-fraud unit OLAF (which reviewed 2009) recalled how fraudsters made millions of Euros from exporting 3,400 tonnes of sugar from the EU to neighbouring non-member state Croatia via the Russian exclave of Kaliningrad.…
ISO STEPS IN TO PROMOTE NATURAL GAS FILLING STATIONS
BY KEITH NUTHALL, EMMA JACKSON, MJ DESCHAMPS
IT is the classic chicken and egg scenario. To what extent do widespread networks of fuel filling stations need to be established offering compressed and liquefied natural gas (CNG/LNG) for a mass market of autos using these fuels to develop?…
EMERGING MARKETS OFFER VARIED SOURCE OF NOVEL NATURAL INGREDIENTS
BY DINAH GARDNER, PACIFICA GODDARD, KARRYN MILLER
AS the ranks of China’s middle class swell, their desire for leading healthier lifestyles – including what they drink – is also growing. Manufacturers have a wealth of ingredients from which to pick. Not only can they use globally-renowned healthy choices such as fruit juices and mineral-enriched drinks, they also have thousands of herbs, roots, flowers and fruits popular in Chinese medicine to choose from as ingredients and additives.…
EMERGING MARKETS WITNESSING CREATIVITY IN DRINKS PACKAGING DEVELOPMENT
BY WANG FANGQING, RAGHAVENDRA VERMA, BILL CORCORAN, PACIFICA GODDARD, KEITH NUTHALL
DRINKS packaging can be quite different in emerging and developing markets than in the rich world. One issue simply is scale. Poorer consumers are often, simply, more interested in smaller sized portions than richer.…
STEADFAST SRI LANKA VOWS TO CONQUER GSP+ SETBACK
BY MUNZA MUSHTAQ
IF proof were needed that politics and business do not always mix well, look no further than Sri Lanka’s knitwear industry. The European Commission has announced as of August 15, Sri Lanka has been suspended from its Generalised System of Preferences (GSP+) preferential trading regime, providing access to European Union (EU) markets for countries that abide by certain principles of good governance and human rights.…
INNOVATIVE PACKAGING TRANSFORMING GLOBAL DRINKS PACKAGING INDUSTRY
BY MARK ROWE
INNOVATIVE packaging is transforming the drinks industry. Heavy tins and bottles are being replaced by lighter composite and biodegradeable materials; hi-tech cartons are being manufactured that tell consumers if the milk’s gone off; and RFID (radio frequency identification) tags are being embedded with temperature sensors.…
RECESSION IS OVER FOR JET FUEL MARKET
BY MARK ROWE
IS the recession’s worst over for the jet fuel aviation industry? Passenger traffic during this late spring and summer has risen sharply compared with flights year-on-year, giving hope to an industry that Giovanni Bisignani, director general of the International Air Transport Association (IATA), described last year as "structurally sick".…
CANADA'S FLAVOURED TOBACCO BAN DRAWS GLOBAL CRITICISM
BY KEITH NUTHALL and ALYSHAH HASHAM
CANADA – long a difficult jurisdiction for the tobacco sector – became tougher still on July 5, when a national ban on manufacturing and selling most flavoured cigarettes, cigarillos and blunt wraps came into force.…
LATIN AMERICAN MALE COSMETICS MARKET IS BOOMING
BY PACIFICA GODDARD
LATIN American men like to think they are known for good looks, machismo and self-confidence. And these consumers are today turning to cosmetics to sustain and accentuate this image. The Latin American market for male grooming products and services is one of the most dynamic in the world.…
LATIN AMERICA'S BIODIVERSITY OFFERS COSMETICS COMPANIES RICH CHOICES OVER INGREDIENTS
BY PACIFICA GODDARD
THE ORGANIC cosmetics market has been booming over the last few years, generating substantial consumer interest in the US and Europe. As cosmetics companies scramble to offer the latest, most effective natural ingredients, many are turning to the biodiverse region of Latin America for inspiration.…
IFC PLANS INVESTMENT IN NEW BRAZIL BOTTLE-TO-BOTTLE PET RECYCLING PLANT
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC) of the World Bank is planning to help create a new US dollar USD23 million bottle-to-bottle plastic recycling facility in São Paulo, Brazil. Unnafibras Textil already recycles more than one billion bottles-a-year into raw materials, but the quality of the new resin would be good enough to sell a soft-drinks bottling plant on Paraiba province, north-east Brazil, said the IFC.…
IFC PLOTS MAJOR INVESTMENT IN BRAZIL PET BOTTLE RECYCLING
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC) of the World Bank is considering helping to create a new US dollar USD23 million bottle-to-bottle plastic recycling facility in São Paulo, Brazil. Unnafibras Textil already recycles more than one billion bottles-a-year into raw materials, but the quality of the new resin would be good enough to sell a soft-drinks bottling plant on Paraiba province, north-east Brazil, said the IFC.…
INNOVATION IN THE DRINKS INDUSTRY BRIEFING
BY EMMA JACKSON,RAGHAVENDRA VERMA,WANG FANGQING and PACIFICA GODDARD,
AS people migrate across the globe, the drinks industry has witnessed a slow influx of regionalised flavours into untraditional markets. White and green tea from Asia is now sold across the globe in soft drinks, and ‘exotic’ fruits such as pomegranate, mango and lychee are becoming popular juice flavours in Europe and the US.…
INTERNATIONAL CONFECTIONERY NEWS ROUND-UP - EFSA SUGAR INTAKE PANEL
BY KEITH NUTHALL
A EUROPEAN Food Safety Authority (EFSA) panel has refused to set an advisory limit for the intake of sugar by European Union (EU) consumers. EFSA’s panel on dietetic products, nutrition and allergies has concluded in a comprehensive assessment of dietary requirements for EU consumers “there was insufficient evidence to set an upper limit for sugars”.…
HIGH NOON FOR THE FUTURE OF ASBESTOS IN A TOWN CALLED ASBESTOS
BY KEITH NUTHALL
THE TOWN of Asbestos in French-speaking Québec, Canada – named after the mineral that underpins its economy – is waiting to see whether its provincial government will approve a Canadian dollar CAD58 million (US dollar USD56 million) loan enabling an underground mine to tap an immense deposit.…
BRAZIL
BY PACIFICA GODDARD
Flavio Franceschetti, Sindicom’s convenience store consultant, said: "The "Big C-stores" sell around US$100,000/month. This result is less than supermarkets, but in line with the average sales of the large network franchise stores of food service, big bakeries and delis.…
PALM OIL HAS GREAT POTENTIAL AS BIOFUEL FEEDSTOCK - BUT ENVIRONMENTAL CHALLENGES ARE SIGNIFICANT
BY MARK ROWE
THE OIL palm is a prolific shrub that can be converted into palm oil, one of the most versatile fats known to man – rich in solid saturated fatty acids and able to withstand refining at high temperatures.…
WTO WARNS BRAZIL HYDROCARBON WINDFALLS DO NOT HELP CITIES NEAR OIL WELLS
BY KEITH NUTHALL
A WORLD Trade Organisation (WTO) study has found Brazilian municipalities near oil wells are little better off than those with no hydrocarbon resources. "Oil windfalls translate into little improvement in the provision of public goods or the population’s living standards," it concludes, warning flows of local oil royalties can increase corruption and crime.…
EUROPEAN COMMISSION WARNS OF NON-FERROUS METAL SHORTAGES
BY KEITH NUTHALL
A EUROPEAN Commission expert group has warned of serious potential shortages in supplies of rare non-ferrous metals in the next 20 years, especially of those required by emerging technologies.
An ad hoc group of the European Union (EU) Raw Materials Supply Group has concluded that 16 non-ferrous metals should be placed on a "critical list" of concern.…
EMERGING MARKETS SEE BOOM IN C-STORE OUTLETS
BY WANG FANGQING,RAGHAVENDRA VERMA and PACIFICA GODDARD
Convenience stores are no longer the preserve of cash rich but tine poor consumers in developed markets. They are increasingly popular in emerging markets too. Foreign convenience store operators in China, for instance, are now moving beyond major metropolitan centres – where they have long been established – to smaller lower-tier cities.…
BRAZIL FRUIT JUICE PRODUCTION FUELS DRINKS EXPORTS
BY PACIFICA GODDARD
While most of the alcoholic and non-alcoholic beverages produced in Brazil are consumed domestically, the exception is the juice sector. Brazil is one of the world’s top three producers of tropical fruit, according to Brazilian Fruits Institute (IBRAF), and an important global provider of fruit juice.…
COUNTRIES EDGE TOWARDS DEAL ON GLOBAL TREATY ON TRADE IN ILLICIT TOBACCO PRODUCTS
BY DANIEL PRUZIN
REPRESENTATIVES from around 160 countries are moving toward clinching a deal on new World Health Organisation (WHO) Protocol on Illicit Trade in Tobacco Products, which could be wrapped up within the next 12 months. Unlike its predecessor, the Framework Convention on Tobacco Control (under whose authority this latest agreement is being negotiated), the protocol is something of a mixed blessing for the tobacco industry.…
UNEP REPORTS SAY METAL RECYCLING RATES TOO LOW
BY ALYSHAH HASHAM and KEITH NUTHALL
A NEW report from the United Nations Environment Programme (UNEP) has underlined the enormous disparities in stocks of metals used in rich and poor countries.
The report ‘Metals in Society’ examines the amount of individual metals present in society, and the potential for using the in-use stock to offset demand from virgin metal stocks.…
MEAT TRADES COULD PROSPER IF EU AND MERCOSUR STRIKE COMMERCIAL AGREEMENT
BY KEITH NUTHALL
EUROPEAN meat importers will be looking to boost supplies from the Mercosur countries of South America, if they strike a planned trade deal with the European Union (EU). A resumption of negotiations on slashing tariffs for goods traded between the EU’s 27 member countries and the four-country Mercosur block, (Argentina, Brazil, Uruguay and Paraguay), has been announced by the European Commission, the EU’s executive.…
AN EU-MERCOSUR TRADE DEAL COULD OFFER OPPORTUNITIES FOR EUROPEAN CAR-MAKERS
BY PACIFICA GODDARD, ALAN OSBORN and KEITH NUTHALL
EUROPEAN automakers will be looking to boost exports to the Mercosur countries of South America, if they strike a trade deal with the European Union (EU). A resumption of negotiations on slashing tariffs for goods traded between the EU’s 27 member countries and the four-country Mercosur block, (Argentina, Brazil, Uruguay and Paraguay), has been announced by the European Commission, the EU’s executive.…
BRICM DRINKS MARKETS GENERALLY PERFORM WELL IN RECESSION
BY PACIFICA GODDARD, RAGHAVENDRA VERMA, WANG FANGQING, JOHN PAGNI and KEITH NUTHALL
THE RISE of the world’s large emerging markets – Brazil, Russia, India, China and Mexico (or BRICM to give them a popular acronym) has been especially significant for the drinks industry.…
BIOFUELS PRODUCTION INCREASES IN EASTERN AFRICA
BY WACHIRA KIGOTHO
EAST Africa is developing as an important source of biofuels and biofuel feedstock, with governments keen to attract foreign direct investment for this potentially strategic rural development option.
Ethiopia, Kenya, Mozambique, Sudan, and Tanzania are countries where foreign companies are competing to acquire land for biofuel projects.…
BRAZIL AND EU COULD STRIKE AIR TRANSPORT DEAL
BY KEITH NUTHALL
THE EUROPEAN Commission has requested authorisation from European Union (EU) ministers to launch negotiations to forge an EU-Brazil air transport agreement. Despite 4.4 million passengers flying between the EU and Brazil annually, there is no EU-Brazil agreement, just bilateral deals with 15 of the 27 EU member states.…
MEXICO DRINKS INDUSTRY GROWS GLOBAL REPUTATION FOR EXPORT SALES
BY PACIFICA GODDARD
According to the US department of agriculture (USDA), about 70% of the 2.5 billion litres of fruit and vegetable juices sold in Mexico in 2009 were produced domestically. Mexico exported USdollar USD266.99 million worth of juices in 2009, compared to USD308.23 million in 2008 and USD247.29 million in 2007, according the UN Comtrade database.…
LATIN AMERICA DRINKS INDUSTRY AND MARKET
BY PACIFICA GODDARD
INTRODUCTION
LATIN America has never been a strong player in the global drinks marketplace, but maybe, as much of the region struggles towards unprecedented prosperity, this could change. Mexico has shown the way with the international profile of its beers, notably Corona, and its world-beating Tequila and Mezcal industries.…
BOTTLED WATER MARKET
BY PACIFICA GODDARD
The most important markets for bottled water have traditionally been developed economies like Western Europe and the United States. However, growth in these markets has recently flattened out, exacerbated by the global economic crisis and growing environmental concerns over the product.…
SECRET ANTI-COUNTERFEITING INTERNATIONAL DEAL RELEASED
BY KEITH NUTHALL
AUTO manufacturers have long worried about the growth of counterfeiting in their industry, especially of vehicle part copies that might not perform. They have also complained about their designs being copied by rival car makers, especially in emerging markets.…
EU ROUND UP - BRUSSELS SILENT ON RUSSIA?UKRAINE GAS PIPELINES TAKEOVER DEAL
BY KEITH NUTHALL
THE EUROPEAN Commission has signalled it is unlikely to intervene to prevent the proposed takeover of Ukraine’s gas pipeline network by Russia’s Gazprom. Displaying his relatively relaxed attitude to closer energy links with Moscow, new German EU energy Commissioner Günter Oettinger told a press conference: "The decision has to come between Kiev and Moscow and not in Brussels."…
BRAZIL AND INDIA OPEN KNITWEAR MARKETS FOR POOREST COUNTRY EXPORTERS
BY KEITH NUTHALL
MAJOR emerging markets Brazil and India have told the World Trade Organisation (WTO) they are fulfilling commitments to open their markets duty-free to the 49 poorest countries worldwide (called ‘least developed countries’ of LDC) mostly sub-Saharan African, Asian and Pacific islands.…
LATIN AMERICAN DRINKS MARKET GROWS TOWARDS MATURITY
BY PACIFICA GODDARD
INTRODUCTION
LATIN America has never been a strong player in the global drinks marketplace, but maybe, as much of the region struggles towards unprecedented prosperity, this could change. Mexico has shown the way with the international profile of its beers, notably Corona, and its world-beating Tequila and Mezcal industries.…
CARBONATED SOFT DRINKS INDUSTRY AND MARKET
BY PACIFICA GODDARD
The carbonated soft drink segment has suffered recently in the United States and Europe, as consumers have become more health conscious and switched to less sugary alternatives, but in Latin America carbonated beverages have continued to perform well.…
BEER INDUSTRY AND MARKET
BY PACIFICA GODDARD
A decade ago, Latin America was considered to be one of the beer industry’s toughest markets, due to frequent bouts of economic uncertainty and political turmoil. But a lot has changed in the region since the year 2000, and recently instead of recoiling from this region, the biggest beer companies in the world have been fighting tooth and nail for shares of it.…
SPIRITS INDUSTRY AND MARKET
BY PACIFICA GODDARD
Despite the difficult economic climate, spirits are still selling well in Latin America, and in 2008, 3 billion litres of spirits were sold, according to Canadean. However, spirits for the most part are not a very dynamic segment, and consumption per capita has remained steady between 4.5 and 4.6 litres for the last five years, and growth was flat at 0.4% in 2009.…
BALTIC BIOFUEL ON THE CHEAP
BY MONIKA HANLEY
THE BALTIC States and their eastern neighbours have long been viewed as a cheap supply of labour and goods to the rich countries within the European Union (EU), but now local companies and governments are looking to expand biofuel production to satisfy both growing domestic and export demand.…
WINE INDUSTRY AND MARKET
BY PACIFICA GODDARD
Wine is not a particularly popular alcoholic beverage in most of Latin America, and only 1.94 billion litres were consumed in the region in 2009, according to Euromonitor International. Wine is also the only major beverage segment that has dropped in consumption per capita in Latin America in the last five years, from 3.8 litres in 2005 to 3.6 litres in 2009 (compared to almost 50 litres consumed per capita per year in France for example) said beverage information specialist Canadean.…
JUICES/NECTARS/FRUIT DRINKS INDUSTRY AND MARKET
BY PACIFICA GODDARD
Although in most parts of the world consumers cut back on juice and nectar consumption, and growth in this segment has been the slowest in 10 years, juices and fruit-flavoured drinks were one of Latin America’s fastest growing segments in 2009, according to Euromonitor International.…
SÃO PAULO GAS NETWORK GETS MAJOR REVAMP
BY KEITH NUTHALL
THE GAS utility for Brazil’s largest city São Paulo is upgrading and extending its gas distribution network. The European Investment Bank (EIB) is lending Euro 100 million to the Companhia de Gás de São Paulo (Comgás) to build 2,500 km of new pipelines; replace 158 km of old cast iron pipes, replace meters and upgrade regulator stations.…
MEN'S GROOMING HELPS KEEP COSMETICS INDUSTRY AFLOAT
BY MARK ROWE
MANY cosmetics sectors would consider themselves successful to have managed fractional increases in sales over the past 18 months. But one sector has apparently bucked the trend – men’s grooming.
While the global personal care market has slowed due to the recession, men’s grooming is one of the few bright spots, with 6% value growth from 2007 to 2008.…
POLITICAL STABILITY MEANS ZIMBABWE'S TOBACCO SECTOR IS GROWING AGAIN
BY CLEMENCE MANYUKWE
AFTER being allocated a piece of land in the year 2000 as part of the country’s controversial and often violent land reform, it has taken nearly a decade for small scale tobacco farmer Tendai Dambanjera to commercially justify the claim of what he says is his ancestral land.…
AMERICA'S NEW BIOFUEL STANDARD MAY NOT BOOST CONSUMPTION OF BIO-BASED FUELS
BY KARRYN MILLER
THE FINALISED National Renewable Fuel Standard (RFS2) programme of the US Environmental Protection Agency (EPA) may show the Obama administration’s continuing support for boosting biofuel production – but will it give concrete results? The updated rules have considered the mixed reviews expressed when a proposed programme was announced last year, however some interested parties still feel the latest outcome will fail to propel the biofuel industry forward.…
RUSSIAN REGULATION FACES TOUGH TASK TO REIN IN MONEY LAUNDERING, SAY EXPERTS
BY MIRIAM ELDER
WHILE the government of the Russian Federation has made real efforts to fight money laundering – as documented recently in the Money Laundering Bulletin – the problem remains rampant in this resource-rich country, according to Russian and international experts.…
TEXTILE AND APPAREL MARKETS A MIXED BAG IN LATIN AMERICA
BY PACIFICA GODDARD
INTRODUCTION
There are signs around the world that the textile market is beginning to recover from the global economic crisis, and developing markets will be leading that recovery. Asia is, of course, at the forefront, but many countries in Latin America have also weathered the crisis and have come out in a surprisingly decent position, with their dynamic textile and apparel industries well positioned for future expansion.…
SUSTAINABLE PALM OIL TAKING SEED IN SOUTH AMERICA
BY MARK ROWE
BOTH the oils and fats industry and environmentalists have long been aware of concerns over the oil palm, the prolific shrub that can be converted into palm oil, one of the most versatile fats known to man.
For almost as long, there have been campaigns to improve its cultivation in south-east Asia, which accounts for around 75% of global supply; but concern is now focussing on South America, where cultivation is growing rapidly, placing pressure on the Amazon rainforest and other wildlife-rich habitats in a belt stretching across central Brazil and Ecuador to Colombia’s Caribbean coast.…
LATIN AMERICA TOBACCO SECTOR RIDES OUT THE RECESSION
BY PACIFICA GODDARD
LAST year in Latin America, British American Tobacco (BAT) and Philip Morris International (PMI), the region’s two dominant companies, battled to maintain profits through declining volumes. Overall, Latin America was profitable for both companies. For BAT, profits were mainly attributable to a strong performance in Brazil, and improved premium brand sales, however volumes sales declined throughout the region.…
INDIA AND BRAZIL OPEN MARKETS TO LEAST DEVELOPED COUNTRIES
BY KEITH NUTHALL
MAJOR emerging markets Brazil and India have told the World Trade Organisation they are fulfilling commitments to open their markets duty-free to the 49 poorest countries worldwide (‘least developed countries’) mostly sub-Saharan African and Asian. New Delhi and Brasilia said ready-to-wear clothing were key exports that would benefit.…
OECD-APPROVED CHEMICAL SAFETY TESTS FACING RECOGNITION IN INDIA AND BRAZIL
BY KEITH NUTHALL
RICH country textile and clothing chemical and dyes companies maybe able to avoid undertaking chemical safety tests in key emerging markets because of an Organisation for Economic Cooperation & Development (OECD) mutual acceptance of data system. Using the unlikely acronym MAD, this procedure enables signatory countries to accept chemical safety tests carried out in fellow member states.…
OECD-APPROVED CHEMICAL SAFETY TESTS FACING RECOGNITION IN INDIA AND BRAZIL
BY KEITH NUTHALL
RICH country cosmetics companies maybe able to avoid undertaking chemical safety tests in key emerging markets because of an Organisation for Economic Cooperation & Development (OECD) mutual acceptance of data system. Using the unlikely acronym MAD, this procedure enables signatory countries to accept chemical safety tests carried out in fellow member states.…
NEW POLICE ACADEMY FOR ORGANISED CRIME VICTIM GUINEA-BISSAU
BY KEITH NUTHALL
THE UNITED Nations and Brazil are helping a small west African country fight against its exposure to organised drugs crime by funding and helping manage the construction of a new police academy. Since a civil war in the late 1990s, Guinea-Bissau – a former Portuguese colony – has seen weak governments under attack from international narcotics rings.…
OECD-APPROVED CHEMICAL SAFETY TESTS FACING RECOGNITION IN INDIA AND BRAZIL
BY KEITH NUTHALL
RICH country textile and clothing chemical and dyes companies maybe able to avoid undertaking chemical safety tests in key emerging markets because of an Organisation for Economic Cooperation & Development (OECD) mutual acceptance of data system. Using the unlikely acronym MAD, this procedure enables signatory countries to accept chemical safety tests carried out in fellow member states.…
World waits until end of 2010 for practical climate change response
By Alan Osborn and Mitch Vandenborn, International News Services
LITHIUM RECYCLING COULD BE IMPORTANT REVENUE SOURCE FOR RECYCLERS
BY DEIRDRE MASON, PACIFICA GODDARD, GAVIN BLAIR and KEITH NUTHALL
NEW technologies devour new resources and the move towards hybrid and electric vehicles could make some currently impoverished countries rich. As the world moves away from fossil fuels, the soft metal lithium will become increasingly in demand as a critical component of auto batteries for green cars.…
MEXICO-BASED TOBACCO COMPANIES STAY POSITIVE DESPITE SETBACKS
BY KARRYN MILLER
WHEN Mexico’s economy faced a sharp decline last year, few industries were spared – tobacco included. A downturn in the world economy teamed with a slew of factors made a dent in the country’s tobacco sales. But in spite of this tobacco companies have remained positive.…
FEED IN TARIFFS PROVING POPULAR WAY TO PROMOTE GREEN ENERGY
BY MARK ROWE and KEITH NUTHALL
THIS April, the UK will launch a feed-in tariff for electricity, which the government said will accelerate take-up of green energy among the general public. According to the European Commission’s energy directorate-general, the European Union (EU) already uses at least 20% more energy than is justified, which has led to twin concerns – the need to reduce consumption of fossil fuels and to encourage consumers to switch to green energy tariffs and sources.…
ILLICIT TOBACCO TRADE BOOMING - GENERATING SWATHES OF ILLEGAL FUNDS
BY ALAN OSBORN,ANCA GURZU and KEITH NUTHALL
THE GLOBAL trade in illicit tobacco is huge and growing and a significant source of dirty money worldwide. Tobacco multinational British American Tobacco (BAT) estimates that 6.3% of cigarettes worldwide are illicit products (either counterfeit, smuggled or sold domestically on the black market), which makes 332 billion sticks, and that is a lot of cigarettes.…
WORLD WAITS UNTIL END OF 2010 FOR PRACTICAL CLIMATE CHANGE RESPONSE
BY ALAN OSBORN
While many had hoped December’s Copenhagen Conference would be the necessary first step in the global fight against climate change, in the wake of the signed partial accord, we are left with many more questions than answers. Now, 2010 is the new deadline for whether the world can agree a practical response to the dangers of global warming.…
LITHIUM RECYCLING COULD BE IMPORTANT REVENUE SOURCE FOR RECYCLERS
BY DEIRDRE MASON, PACIFICA GODDARD, GAVIN BLAIR and KEITH NUTHALL
NEW technologies devour new resources and the move towards hybrid and electric vehicles could make some currently impoverished countries rich. As the world moves away from fossil fuels, the soft metal lithium will become increasingly in demand as a critical component of auto batteries for green cars.…
EU ROUND UP - RUSSIA, UKRAINE BURY HATCHET OVER OIL TRANSIT FEES
BY KEITH NUTHALL
RUSSIA and Ukraine appear to have headed off an oil transit dispute that could have created a repeat of last year’s major disruption of European natural gas supplies. Moscow and Kiev have signed an agreement increasing by 30% the fees Ukraine charges on transporting Russian oil to the European Union (EU) – this alters a 2004 contract and the change had sparked a diplomatic tussle.…
Banana deal brings hope to barren WTO Doha trade talks outlook
By Keith Nuthall, International News Services
For many journalists covering globalisation affairs, the end of the European Union’s (EU) banana trade dispute with the USA and Latin American countries is like the loss of an old friend. This dispute – which ended today – has been subject to formal World Trade Organisation (WTO) proceedings since 1996. Its resolution is a rare ray of sunlight in Geneva, where multilateral trade talks have long been mired in self-interest and complacency.
The Doha Development Round of global trade negotiations – which itself has been lumbering on since 2001 – appears far from completion. The political and commercial impetus that pushed its predecessor, the 1990s Uruguay round, towards great success, is nowhere to be found with Doha.…
LITHIUM TO BECOME THE NEW OIL IN HYBRID/ELECTRIC AUTO WORLD
BY PACIFICA GODDARD, ANCA GURZU, GAVIN BLAIR and KEITH NUTHALL
NEW technologies devour new resources and the move towards hybrid and electric vehicles could make some currently impoverished countries rich. As the world moves away from fossil fuels, the soft metal lithium will become increasingly in demand as a critical component of auto batteries for green cars.…
FINANCIERS GET EU APPROVAL TO TAKE OVER BRAZIL MEAT GIANTS
BY KEITH NUTHALL
EUROPEAN Union (EU) regulatory approval has been granted for two Brazilian financial groups taking over major Brazil meat companies JBS SA and Bertin SA. The European Commission gave competition law clearance for the purchase by J&F Participações S.A.…
LPG AND CNG - MEDIUM-TERM SOLUTIONS FOR GREENHOUSE GAS REDUCTIONS
BY ANCA GURZU
INFRASTRUCTURE and technology costs are the two important factors when talking about promoting intermediate alternative fuels such as liquefied petroleum gas (LPG) and compressed natural gas (CNG), the Center for Automotive Research, a US-based non-profit organisation, has told wardsauto.…
OIL AND GAS SECTOR STILL LEFT WITH QUESTIONS OVER EMISSIONS REDUCTIONS AFTER COPENHAGEN SUMMIT
BY KEITH NUTHALL, EMMA JACKSON and ERIC LYMAN
THE COPENHAGEN climate change conference ended on December 18 with an accord where key world economies promised to make binding agreements to cut carbon emissions. But detail on exactly how much will be settled at a later date, meaning its long term effects on the oil and gas industry are unclear.…
CHINA FACES WTO DISPUTES PANEL OVER NON-FERROUS METAL EXPORT RESTRICTIONS
BY KEITH NUTHALL
CHINA has come under increased pressure to scrap export restrictions on certain key non-ferrous metals, with the World Trade Organisation (WTO) establishing a disputes panel to adjudicate complaints about these rules. With the European Union (EU) being joined by the United States and Mexico as formal parties to this dispute, the outlook could be serious for China if it loses.…
BRAZIL TEXTILES TO OVERCOME THE US TARIFFS BATTLE
BY GREGORY MELUS
THE BRAZILIAN textile industry is confident it can overcome any ill effects from its government placing World Trade Organisation (WTO)-authorised retaliatory tariffs on more than 222 US products. These will be applied to US textile imports, including threads, yarns, cotton, polyester fabrics, and finished products ranging from handkerchiefs to crocheted blouses, in response to US cotton subsidies which have been deemed too high by the WTO.…
TOBACCO TRAVELLER - COLLECTION 2009 - ARGENTINA
BY PACIFICA GODDARD
THE CIGARETTE market in Argentina remained strong in 2008: the retail volume increased 3.12% from 2007 to 42.47 billion sticks, valued at Euro 1.72 billion, a 17.6% increase from 2007, according to the Argentine ministry of the economy.…
TOBACCO TRAVELLER - COLLECTION 2009 - RUSSIA
BY MARK ROW
THERE are 44 million smokers in Russia, and 31% of Russians smoke. Male smoking rates (61%) are among the highest in the world, while female smoking rates have more than doubled from 1991 to 2008 from 7% to 15%, according to Tabakprom, the Russian cigarette manufacturer’s association (NOTE – SPELLING IS CORRECT).…
GREECE AND ITALY FARE POORLY IN LATEST TRANSPARENCY INTERNATIONAL REPORT
BY KEITH NUTHALL
CORRUPTION in Greece is now considered as bad as in Romania and Bulgaria – European Union (EU) member states investigated by the European Commission over graft. Greece’s slide from 57th in last year’s Transparency International (TI) corruption perception index to 71st in this year’s report will concern its new left-wing PASOK government.…
BRAZIL TOBACCO MARKET AND INDUSTRY REPORT - TOBACCO TRAVELLER
BY PACIFICA GODDARD
CIGARETTE MARKET
With a population of 192 million, Brazil is among the top 10 cigarette markets in the world. In 2008, 91.09 billion sticks were sold, valued at US$8.58 billion according to Abifumo, the Brazilian tobacco manufacturers association.…
TOBACCO TRAVELER - UNITED STATES
BY ANCA GURZU
The USA tobacco manufacturing (and leaf) industry has been facing tough times, with its habitual trade surplus dwindling to almost nothing. The USA’s Tobacco Merchants Association (TMA) reported a US$603.7 million trading surplus at the end of 2008, which was 32.5% less than the 2007 surplus of US$894.3 million.…
EU REPORT WARNS ANTI-RECESSION POLICIES HAVE BOOSTED COSMETICS PROTECTIONISM
BY KEITH NUTHALL
A EUROPEAN Commission report has highlighted concerns about some steps taken by European Union (EU) trading partners to protect their personal care product sectors from the recession that could restrict EU exports. A key worry was Indonesia’s draft regulation on cosmetics labelling and packaging that insists product information such as usage advice, product numbers and expiry dates be labelled in Indonesian.…
NEW DRUG PRECURSOR INITIATIVE LAUNCHED IN AMERICAS
BY KEITH NUTHALL
AN INITIATIVE boosting the ability of Latin American and Caribbean countries to prevent precursor chemicals from being diverted from legitimate uses to illegal narcotic production has been launched. The UN Office in Drugs and Crime and European Commission’s three-year PRELAC project will cover: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Jamaica, Mexico, Panama, Peru, Trinidad & Tobago and Venezuela.…
TOBACCO TRAVELLER - COLLECTION 2009 - VENEZUELA
BY PACIFICA GODDARD
The Venezuelan cigarette market experienced an overall decline in 2008 and the first half of 2009. In 2008, 11.95 billion sticks were sold, an 8.6% drop from the 13.07 billion sticks sold in 2007, according to the United Nations Statistics Division.…
HOW TO MEASURE BIOFUEL GREENHOUSE GAS EMISSIONS - A TOUGH TASK
BY KEITH NUTHALL
IT is a mind-bending question. How on earth, given the complexity and variety of available biofuels, their feedstocks and manufacturing processes, can their relative ‘green-ness’ be measured efficiently? But, to the delight of mathematicians and technical consultants the world over, this toughest of queries has to be answered.…
GLOBAL OILSEEDS BUSINESS HITS CRISIS OVER EU ZERO-TOLERANCE GM CONTAMINATION RULES
BY ALAN OSBORN
A NEW crisis over the presence of genetically modified (GM) ingredients in food and livestock feed has once more focused attention on the European Union’s (EU’s) controversial GM policies. It has especially raised the spectre of job losses, farm bankruptcies and higher consumer prices if a relaxation of the current de facto zero tolerance restriction applying to unauthorised GM products is not agreed soon.…
ISRAEL ON FRONTLINE AGAINST TERRORISM, BUT ON BACK FOOT REGARDING MONEY LAUNDERING RULES
BY PAUL COCHRANE
FOLLOWING the September 11, 2001 terrorist attacks on the United States, Israel was quick to come out and identify itself with the ensuing US-led ‘war on terror’. This was not surprising, given the Arab-Israeli conflict and the attacks Israel has sustained from militant Palestinian groups.…
BRAZIL SECURES ADDITIONAL SUGAR EXPORT RIGHTS TO EUROPE
BY KEITH NUTHALL
THE EUROPEAN Commission has proposed giving Brazil additional annual import quotas for its sales of sugar in the European Union (EU) to take account of the expansion of the EU through the accession of Romania and Bulgaria. The Commission wants 550,000 tonnes of extra Brazilian raw cane sugar imported annually for refining.…
EU POISED TO RELAX AFLATOXIN STANDARDS FOR NUTS
BY KEITH NUTHALL
THE EUROPEAN Union (EU) may relax its maximum level for total aflatoxins from 4µg/kg to 10µg/kg within tree nuts such as a Brazil nuts and cashews (but excluding almonds, hazelnuts and pistachios). This follows a European Food Safety Authority assessment that "public health would not be adversely affected" by such a move.…
ARGENTINA CONTINUES TO EXPAND ITS SOY EXPORT TRANSPORT FACILITIES
BY PACIFICA GODDARD
TRANSPORT infrastructure investments to help grow Argentina’s major (but currently troubled) soy export sector have continued, with the hope that the recent growth in the industry will become permanent.
In the mid-1990’s Argentina was producing a modest 11 to 12 million metric tonnes (mt) of soy per year.…
POST OFFICES WORLDWIDE TO HELP FIGHT AIDS
BY KEITH NUTHALL
MOST people use a post office, so they are an ideal outlet for spreading important public health messages such as about avoiding HIV. As a result, the Universal Postal Union (UPU), UNAIDS, the International Labour Organization (ILO) and the UNI Global Union trade union federation are launching a global awareness campaign using post office.…
CONCERN RISES OVER THE COST OF SHIPPING AMERICAN OILS AND FATS BY RAIL
BY RUSSELL BERMAN
THE AMERICAN bio-based oils and fats sector is watching closely the development of key proposals and recommendations that could significantly alter the way goods are shipped across the country.
One of its most pressing transport concerns is an advancing proposal to end a decades-long antitrust exemption for freight rail.…
CARIBBEAN STATES LOOK TO GREEN POWER TO UNDERPIN THEIR ENERGY SECURITY
BY JAMES FULLER
SMALL island states are always vulnerable in energy sustainability terms, but the growth in renewable energy technologies is giving them a better shot at security of supply. The Caribbean is a case in point, where green energy technologies are being explored across the region.…
COPENHAGEN SUMMIT OFFERS TECHNOLOGY TRANSFER OPPORTUNITIES FOR POWER PRODUCERS
BY KEITH NUTHALL
THERE is a sense, in the rivers of documents pouring from international talks to replace the Kyoto Protocol with a new global warming treaty in Copenhagen this December that the chickens are really coming home to roost.
For the first time – at July’s G8 summit in Italy – there was a common near-universal declaration that humankind has been messing up the climate and has to stop filling the atmosphere with carbon dioxide and other greenhouse gases.…
INDIAN DRINKS INDUSTRY EXPANSION FUELS ARGUMENTS OVER SUPPLY CHAIN SUSTAINABILITY
BY RAGHAVENDRA VERMA
INDIAN environmentalists and farmers’ groups are warning major drinks companies that by transforming the country’s horticulture patterns and changing its existing fruit supply chain they are playing with fire.
New Delhi-based environmental activist Vandana Shiva is far from unusual in arguing swift social and economic change caused by large scale earmarking of primary production could cause unrest.…
GLOBAL FOOD COMMODITY PRICE VOLATILITY HERE TO STAY
BY ANDREW CAVE
Food commodity prices are seldom out of the news nowadays, due to a mushrooming global population, the food-for-fuel controversy, an increasing focus on sustainability and the continued growth of the organic sector. However, beyond the generality of crop prices spiralling to new highs in 2007 and 2008 and then plummeting – in some cases – back to where they were before the boom, the picture is far from uniform.…
DIPLOMATIC ROW ERUPTS OVER EU GENERIC MEDICINE IMPORT CONTROLS
BY KEITH NUTHALL
A GROUP of emerging market countries led by Brazil and India has complained at the World Trade Organisation (WTO) about allegations that the European Union (EU) has been unfairly detaining transit shipments of generic medicine exports. Speaking to the WTO’s trade related aspects of intellectual property rights (TRIPs) committee, Brazil and India (backed by China and others) said delays were common.…
GLOBAL SUSTAINABLE OILS AND FATS PRODUCTION INITIATIVES PUSH AHEAD
BY KEITH NUTHALL
GLOBAL initiatives designed to promote sustainable practices in the bio-based oils and fats industry are making strong progress. The key Roundtable on Responsible Soy (RTRS) has now released "principles and criteria" designed to ensure soy production does not cause long term damage to the environment and society.…
SCIENTIFIC DEVELOPMENT IN EMERGING ECONOMY AND POORER COUNTRIES BECOMES INCREASINGLY UNEVEN
BY KEITH NUTHALL
IT has long been outmoded and inaccurate to split the world into two camps: industrialised developed economies, and largely agricultural developing countries. The growth of the 1990s and the current decade means there is a wide range of social and economic sophistication and wealth amongst the poorer of these two old-fashioned categories.…
USA BIOFUEL INDUSTRY RECEIVING BOOST FROM NEW OBAMA ADMINISTRATION
BY RUSSELL BERMAN
THE SWEEPING energy reforms being undertaken by the new administration of US President Barack Obama include billions of dollars in funding for biofuels and other clean energy sources.
America’s biofuels industry is applauding Mr Obama’s early moves, although advocates are still awaiting regulatory directives on renewable fuel standards.…
TRINIDAD PUSHES ON WITH OIL AND GAS PROCESSING EXPANSION PLANS, DESPITE ECONOMIC GLOOM
BY JAMES FULLER
WHILE the global recession is hitting profits in the oil and gas sector worldwide, the Caribbean’s key producer Trinidad & Tobago remains bullish about the industry bringing it long term financial and economic stability. Indeed, the twin-island country’s minister of energy and energy industries Conrad Enill said this month that both a fifth liquefied natural gas (LNG) train and a new oil refinery are projects which are still firmly on the table for the Caribbean energy powerhouse.…
INTRODUCTION - RENEWABLE ENERGIES FORGE AHEAD - BUT FROM A LOW BASE
BY KEITH NUTHALL, LEAH GERMAIN and MONICA DOBIE
MAYBE the best sign that renewable energies have hit the mainstream is that they now have their very own international organisation: the International Renewable Energy Agency (IRENA). Launched in Bonn, Germany, this January, with the support of 76 countries, including its host nation, Spain, Italy, France and Sweden, the roster of signatory nations has since been swollen by India and Belarus.…
INTERNATIONAL ANTI-MONEY LAUNDERING ORGANISATIONS HAVE ELITE CADRE OF SPECIALISTS
BY ALAN OSBORN
IN this year’s Money Laundering Bulletin series of articles on the development of an international profession of anti-money laundering (AML) specialists, we have often examined specialists working at the sharp end. But that is not the whole story of course.…
INDIA'S TOBACCO SECTOR IS STILL A GIANT, DESPITE ATTACKS ON SMOKING BY ITS GOVERNMENT
BY RAGHAVENDRA VERMA
INDIA’S US$12.4 billion annual turnover tobacco industry is passing through a difficult period, with little hope for a better future, despite its continued large size – this estimate coming from the Tobacco Institute of India for sales of all tobacco products, chewing tobacco and beedis.…
EU PUSHES AHEAD WITH BIOFUEL PROMOTION PLANS - BUT GREEN ISSUES MAKE POLICY COMPLICATED
BY KEITH NUTHALL
WHILE the European Union (EU) has not exactly fallen out of love with biofuels, it has to be said that the relationship has become more complicated since the EU started worrying about the environmental problems associated with the sector.…
INTRODUCTION - NUCLEAR ENERGY ANSWERS ITS CRITICS
BY KEITH NUTHALL, EMMA JACKSON and ALAN OSBORN
IN the early 1990s the nuclear power industry faced a bleak outlook. High profile accidents such as in Chernobyl and Three Mile Island in, Pennsylvania, the USA, had raised public concern about the safety of the industry to all time high.…
NUCLEAR ENGINEERING HIGHER EDUCATION STRUGGLING TO KEEP UP WITH RENEWED DEMAND FOR ITS COURSES AND EXPERTISE
BY KEITH NUTHALL, EMMA JACKSON and ALAN OSBORN
FEW things say more about the growing enthusiasm for nuclear power than the rush of young students eager to make a career in the industry. It is happening mainly in America but other countries are now beginning to see the same development.…
CLOTHING AND TEXTILE SUBSIDIES - UNDER PRESSURE, BUT STILL AVAILABLE
BY ALAN OSBORN, LUCY JONES and KEITH NUTHALL
INTRODUCTION
CLOTHING and textile production and trade subsidies are under pressure today, as they have not been for many years. There has been a steady trend towards liberalisation in the sector worldwide, stemming from the abolition of the World Trade Organisation’s (WTO) Agreement on Textiles and Clothing (ATC) in January 2005 and with it, then end of restrictive quotas for imports for the WTO’s 152 member countries.…
SOUTH AMERICA OFFERS TOBACCO MAJORS LUCRATIVE MARKETS, DESPITE TIGHTENING REGULATION
BY PACIFICA GODDARD
WHILE net revenues for tobacco product sales in some key countries in South America have experienced growth in the last few years, in general the regional tobacco product market is stagnant. Producers blame increased excise rates, public health awareness, and new and more rigidly enforced regulations for the gloom.…
New Kyoto Protocol talks will be key 2009 focus
By Eric Lyman, in Poznan, Poland, for ISN Security Watch
As countries battle to come up with a plan to limit greenhouse gas emissions in 2009, attention will almost surely begin to focus on two main players that hold the fate of the international process in their hands: the US and China.
December’s United Nations negotiations on climate change in Poznan, Poland, concluded with relatively little progress. Delegates voted to activate a fund to help poor countries adapt to the changing climate, for example, but they did not approve a mechanism to put cash in the fund.…
EFSA PROPOSES RELAXES PESTICIDE LIMIT FOR BANANAS
BY KEITH NUTHALL
THE EUROPEAN Food Safety Authority (EFSA) has proposed relaxing a tight limit on residues of the pesticide thiram on bananas, which would enable Belgium’s Taminco NV to import the fruit from Ecuador, Costa Rica,
Columbia, Panama, Mexico, Honduras, Guatemala, Venezuela, and Brazil.…
SOUTHERN AFRICA PUSHES AHEAD TO EXPAND REFINERY CAPACITY
BY GEORGE STONE
SOUTHERN Africa has always been rich in natural resources, but its ability to process and manufacture them has not always matched this bounty. Oil refining capacity is a case in point and the governments of South Africa, Angola and Mozambique are trying to push forward.…
ENERGY SPECIALISTS TO DECIDE WHETHER CARBON CAPTURE AND STORAGE SHOULD HAVE SPECIAL STATUS WITHIN REVISED KYOTO PROTOCOL
BY ERIC LYMAN
THE OIL and gas industry worldwide will closely follow a technical debate to be staged throughout 2009 over whether or not to include carbon capture and storage technologies in the Kyoto Protocol’s Clean Development Mechanism (CDM). The issue was tabled at December’s 14th Conference of the Parties to the UN Framework Convention on Climate Change (COP-14) in Poznan, Poland, and may not be resolved until January 2010.…
ANGOLA AND NIGERIA OIL AND GAS SECTORS UNDER PRESSURE AS OIL PRICES FALL
BY GEORGE STONE
WHAT a difference a year has made in the African oil industry. With sky rocketing oil prices fuelling an expansion boom in 2007 and 2008, this year will be much tougher for the oil and gas sector in sub-Saharan Africa.…
TRI-BORDER ZONE FUELS ILLICIT TOBACCO TRADE
BY PACIFICA GODDARD and KEITH NUTHALL
THE TRI-BORDER area between Brazil, Argentina and Paraguay in South America is a notorious breeding ground for illicit activity, and the tobacco industry suffers more than most. Contraband goods of every description pass through Paraguay’s trading hub, Ciudad del Este – CD’s and DVD’s, fake designer clothing, sunglasses and watches, sports shoes, games and electronics, and of course one of the world’s most smuggled and lucrative legal substances: cigarettes.…
GLOBAL: Nuclear engineering fights back after a generation in the shadows
By ALAN OSBORN
For long the Cinderella of the engineering industry, nuclear power appears to be regaining its popularity as a career choice with a surprising increase in university courses, mainly but not exclusively in the US. In some countries, like France, enthusiasm has never faltered and a clear career pattern in nuclear sciences has been established for years.…
GLOBAL: NUCLEAR ENGINEERING EDUCATION - BACK IN FASION AGAIN
By Alan Osborn
FEW things say more about the growing enthusiasm for nuclear power than the rush of young students eager to make a career in the industry. It is happening mainly in America but other countries are now beginning to see the same development.…
POLICY BATTLE LINES FOCUS ON CARBON CAPTURE AND STORAGE IN POST-KYOTO TALKS
BY ERIC LYMAN
BATTLE lines have been drawn in negotiations to renew the Kyoto Protocol over the future shape of energy policy within future United Nations efforts to reduce greenhouse gas emissions. At December’s climate change summit, in Poznan, Poland, a key power industry issue has emerged as a primary point of discord: whether or not carbon capture and storage technologies should be allowed in a revised Kyoto Clean Development Mechanism (CDM).…
RUSSIAN BILLS OF LADING TRADE FRAUD ON THE INCREASE
BY JAMES FLYNN
RUSSIAN organised crime has left its fingerprints across eastern and western Europe in recent years. But now the gangs have begun to turn their sights on the international shipping industry, manipulating documents that are fundamental to the movement of international cargo for their own – usually money laundering – ends.…
SEQUENCING OF COCOA GENOME COULD IMPROVE RELIABILITY AND QUALITY OF THIS KEY INGREDIENT
BY MARK ROWE
THE CHOCOLATE giant Mars has begun work on sequencing the cocoa genome, a move that it says could dramatically improve the health and yields of cocoa growers around the world, guaranteeing food manufacturers with more reliable and high quality supplies.…
SENIOR OFFICIALS FLY FROM GENEVA WITHOUT SECURING DEAL
BY KEITH NUTHALL
OFFICIALS at the World Trade Organisation (WTO) have told just-food.com an attempt to quickly restart and resolve the Doha Development Round’s food talks seems to have failed. Senior government civil servants from the Group of Seven (the USA, the European Union, China, India, Japan, Australia and Brazil), who broadly represent all WTO member countries, had flown to Geneva last week.…
NUCLEAR ENGINEERING HIGHER EDUCATION STRUGGLING TO KEEP UP WITH RENEWED DEMAND FOR ITS COURSES AND EXPERTISE
BY ALAN OSBORN
FEW things say more about the growing enthusiasm for nuclear power than the rush of young students eager to make a career in the industry. It is happening mainly in America but other countries are now beginning to see the same development.…
Europe:Young European scientists promise a bright future
By Alan Osborn
Three young researchers, from Poland, Slovakia and Britain, were awarded the top prizes in the EU Contest for Young Scientists in Copenhagen on September 25th against competition from national scientific prize-winners from 39 European countries plus Brazil, Canada, China, Mexico, New Zealand and the USA.…
SUSTAINABILITY MOVING UP THE AGENDA FOR THE OILS AND FATS SECTOR WORLDWIDE
BY ALAN OSBORN
SUSTAINABILITY has moved firmly to the top of the corporate agenda in the oils and fats sector following Unilever’s announcement in May that it intended to have all of its palm oil certified sustainable by 2015. By any measure this would be a bold pledge but coming from the world’s largest consumer of palm oil (Unilever takes 4% of total global production to make its food and cosmetic products) it serves additionally to raise the bar for others.…
AMERICA'S REYNOLDS APPOINTS TWO NEW BOARD MEMBERS
BY JAMES BURNS
REYNOLDS American Inc has announced the appointment of Luc Jobin and Holly K. Koeppel to its board of directors. Both will serve on the board’s audit and finance committee.
The parent company of the R.J. Reynolds Tobacco Company, Conwood Company, LLC, Santa Fe Natural Tobacco Company, and R.J.…
BRAZIL IS MAINSTAY OF LATIN AMERICA KNITTING INDUSTRY
BY PACIFICA GODDARD
CHINA’S entry into the World Trade Organisation (WTO) in 2002 and the recent end of quotas in the US and European markets have created gigantic changes in the textile industry worldwide, with developing markets like those in Latin America expected to suffer the most from these shifts.…
BRAZIL LEARNS FROM EXPERIENCE TO CREATE A SUSTAINABLE AND STRONG BIOFUELS SECTOR
BY PACIFICA GODDARD
AS the price of petroleum climbs increasingly makes alternative energy sources such as biofuels sound increasingly attractive to many countries that had dismissed them in the past, Brazil, the largest consumer of ethanol in the world with over 30 years of experience developing their biofuels industry, has many lessons to offer.…
GLOBAL: WTO promises on higher education liberalisation shelved by talks collapse
By Keith Nuthall
Plans to sweep away some restrictions preventing private universities and higher education service providers from teaching, researching and examining in foreign countries have been put on ice at the World Trade Organisation (WTO).
This follows the collapse of negotiations at the July ministerial meeting of the WTO IN Geneva, Switzerland, which had lasted 10 days.…
EUROPE: Poor links between EU researchers and business holding back commecial innovation
By Alan Osborn
The European Union (EU) will have to achieve much greater progress in bridging the gap between research and industry if it is to make a success of its Lisbon Strategy for making the EU the world’s most competitive economy by 2010, a conference on Innovating for Competitiveness in ICT (information and communication technologies) was told in Brussels last week (May 28).…
ADVANCEMENTS IN FRAUD AND FRAUD PREVENTION IN LATIN AMERICA
BY PACIFICA GODDARD, in Caracas
LATIN AMERICA has long been notorious for its high levels of corruption, especially through money laundering, bribery and the illicit drug trade. And although the recent years of relative stability and democratisation in the region have brought economic progress, this has also widened the opportunities for fraudulent activities and fuelled an increasing sophistication by which they are performed.…
UNITED NATIONS ORGANISATION CALLS FOR EXPANDING ROAD TOURISM INDUSTRY TO USE LOW-CO2 CARS
BY KEITH NUTHALL
THE UN World Tourism Organisation wants the global tourism sector to use CO2 efficient cars to serve growing demand for international leisure motoring. It warns road transport tourism already accounts for 2% of global CO2 emissions, and this proportion is expected to rise, especially with the growing middle classes of China, India and Brazil taking more holidays.…
AUSTRALIA PUSHES AHEAD WITH COMPREHENSIVE ANTI-MONEY LAUNDERING REFORMS
BY KARRYN CARTELLE
AUSTRALIA is currently ranked as the eighth largest market in the world – third largest within the Asia-Pacific region after Japan and Hong Kong – in terms of its total stock market capitalisation of AUD$1.63 trillion (USD$1.53 trillion) in 2007 (World Federation of Exchanges figures).…
LATIN AMERICA'S ECONOMIC SUCCESS IS CREATING WIDER OPPORTUNITIES FOR COMMERCIAL CRIME
BY PACIFICA GODDARD, in Caracas
IN Latin America, the combination of economic growth, weak law enforcement, and a culture that turns a blind eye to corruption, creates an increasingly fertile setting for a variety of commercial crimes, Pacifica Goddard reports from Caracas.…
INTERNATIONAL FISH DISEASE ROUND UP - BRAZIL SHRIMP VIRUS DETECTED
BY KEITH NUTHALL
A BRAZILIAN shrimp-rearing farm has been infected by the infectious myonecrosis virus, the Aquatic Animals Commission (of the Office International des Épizooties – OIE) has reported. The pathogen was discovered at Canguaretama, in Rio Grande do Norte, on the eastern tip of Brazil, following a routine sampling sent to the country’s Federal University Laboratory of Santa Catarina.…
TERRORIST FINANCING SLINKS INTO THE LEGITIMATE PRIVATE SECTOR TO COVER ITS TRACKS
BY KEITH NUTHALL
SINCE the September 11 attacks, the control of terrorist financing has been an international policing priority. But businesses also need to be aware of the risks. Keith Nuthall reports.
TERRORISM may be an exceptional crime, but the money required to stage violent attacks on the public is – ultimately – just money.…
FRANCE: Global list of business schools published
By Alan Osborn
The Paris-based educational consulting company Eduniversal, part of the SMBG group, has published a list of 1,000 top business schools ranking them by their "capacity for international influence" and grouped into nine geographic regions. SMBG, which specialises in reference services and publications for educational and higher educational institutions, claims that the Eduniversal initiative is "the first stone of a global federation of education."…
INTERNATIONAL GROUP SEEKS TO IMPROVE ENVIRONMENTAL STANDARDS ON SMALL MINES WORLDWIDE
BY KEITH NUTHALL
LARGE mining companies take the environment seriously today, maybe rather more than in times past. They are devoting significant resources to reducing or mitigating the environmental problems caused by mining. But what about the small and artisanal mines that pepper much of the developing world?…
GLOBAL - UN-sponsored responsible business education initiative takes off
By Keith Nuthall
A UNITED Nations-sponsored global initiative to encourage business schools to teach and promote social and environmentally responsible commercial practices has gathered a critical mass of support. More than 100 business schools worldwide have now signed up to the Principles for Responsible Management Initiative.…
LUCRATIVE OIL PROSPECTING TO PROCEED IN SOUTH AMERICA NOW GUYANA/SURINAM BOUNDARY DISPUTE SOLVED
BY RACHEL JONES, in Caracas
OFF the coast of Guyana and Surinam, north of Brazil, lie what may be some of the world’s largest untapped oil reserves. They have remained unexplored for years, thanks to a maritime border dispute between the two South American countries, the former an ex-British colony, and the latter once run by the Dutch.…
STAKES ARE HIGH FOR TELECOMS AS WTO ROUND APPROACHES END GAME
BY KEITH NUTHALL
THIS year could well see the end of the World Trade Organisation’s (WTO) Doha Development Round, the global free trade negotiations staged since 2001 – and the stakes for the telecommunications business are high.
Unlike most economic sectors, telecoms are affected by not just one WTO agreement on removing trade barriers such as red tape and punishing tariffs, but three: the General Agreement on Trade in Services (GATS); the General Agreement on Tariffs and Trade (GATT) as regards industrial goods; and the WTO Information Technology Agreement.…
OECD 2008 ENVIRONMENTAL OUTLOOK SAYS GOING GREEN IS AFFORDABLE
BY ALAN OSBORN
The world can (in italics) move towards a low carbon, greener and more sustainable future by the restructuring of economies and the costs "are affordable" says the Organisation for Economic Co-operation and Development (OECD), representing the world’s 30 leading industrialised countries, in its 2008 Environmental Outlook.…
PHARMACEUTICAL INDUSTRY COULD BE WIN REAL GLOBAL FREE TRADE AS WTO'S DOHA ROUND DRAWS TO A CLOSE
BY KEITH NUTHALL
WITH the World Trade Organisation’s (WTO) seven-year-old Doha Development Round maybe drawing towards a close, the pharmaceutical industry might start to consider that a final deal could lead to the elimination of most import duties on drugs and medicines, traded worldwide.…
DEVELOPMENT OF INTERNATIONAL BIOFUEL STANDARDS IS CREATING POLITICAL DISCORD
BY KEITH NUTHALL
THE INTERNATIONAL Organisation for Standardisation (ISO) may establish a special sub-committee to create standards for biofuels, while an alliance of the European Union (EU), the USA and Brazil has questioned the global body’s ability to handle the job.…
DEVELOPMENT OF INTERNATIONAL BIOFUEL STANDARDS TAKES STEP FORWARD
BY KEITH NUTHALL
A TRIPARTITE alliance of the European Union (EU), the USA and Brazil has released detailed proposals for proposed international standards for biodiesel and bioethanol. In a ‘white paper’, the three participants have identified standards components that are similar, with significant, and fundamental differences, and makes recommendations on how to achieve international harmonisation.…
NEW PARAGUAY PORT COMPLEX PART OF BOOM IN COUNTRY'S SOY PRODUCTION
BY RACHEL JONES, in Caracas
WHILE Paraguay has been producing and exporting soy since the 1970s, its dependence on soy products has increased dramatically over the last decade – a development that has been encouraged through heavy investment by international agribusiness.…
INTERNATIONAL CONSENSUS SOUGHT FOR DEVELOPMENT OF GLOBAL BIOFUEL STANDARDS
BY KEITH NUTHALL
INTERNATIONAL standards are crucial for the trade in goods, because they allow
importers to have confidence that the foreign product they are buying meets the
specifications they are familiar with at home. So, it may come as some surprise that no
such global standard currently exists as regards the technical definition of biofuels.…
EXPANSION OF LATIN AMERICAN GM OIL CROPS CONTINUES APACE
BY RACHEL JONES, in Caracas
SINCE biotech oil crops were first commercialised over a decade ago, their use has experienced yearly double-digit growth worldwide, with Latin America being something of a nursery for this growth. Globally, the area of biotech crops grew by 13%, or by 12 million hectares, in 2006, to reach 102 million hectares, according to the International Service for the Acquisition of Agri-Biotech Applications (ISAAA).…
INTERNATIONAL BUTTER MARKET ROUND UP
BY KARRYN CARTELLE, in Auckland; LUCY JONES, in Dallas, Texas; MONICA
DOBIE, in Ottawa; and BILL CORCORAN, in Johannesburg
NEW Zealand has long retained a position of prominence in the global butter products
industry, despite the fact that competitors are always looking to seize export markets in
what is an increasingly competitive market.…
REGIONAL TRADE DEALS PROMOTE GLOBAL TRADE IN CLOTHING AND TEXTILE SECTOR
BY LUCY JONES, in Dallas; ALAN OSBORN, in London; KARRYN CARTELLE, in Tokyo; BILL CORCORAN, in Johannesburg; PAUL COCHRANE, in Beirut; RACHEL JONES, in Caracas; MARK ROWE; and KEITH NUTHALL
WITH the World Trade Organisation’s (WTO) Doha Development Round being slow to proceed since its 2001 launch – and only this year approaching something resembling and end game – free traders wanting to encourage global commerce have looked to bilateral and regional trade deals.…
EUROPEAN PARLIAMENT COMMITTEE TRIMS COMMISSION PUSH FOR RAISING EU DAIRY PRODUCTION QUOTAS
BY KEITH NUTHALL
THE EUROPEAN Parliament’s agriculture committee has backed a proposal to raise European Union (EU) milk production quotas by 2% on April 1, to allow producers to meet surging demand worldwide.
However, MEPs have suggested this be voluntary for member states – not compulsory as tabled by the Commission – to allow some governments to keep their national dairy prices high if necessary.…
EU BANS BRAZILIAN BEEF OVER FMD FEARS
BY KEITH NUTHALL
THE EUROPEAN Union (EU) is to ban all Brazilian beef imports following concerns about Brazil’s handling of its latest foot-and-mouth disease outbreak. The European Commission had not wanted a blanket ban and instead offered Brazil a jointly-agreed list of FMD-safe producers, exporting to Europe.…
EUROPEAN COMMISSION MOVES TO BAN BRAZILIAN BEEF OVER FMD OUTBREAK
BY KEITH NUTHALL
THE EUROPEAN Union (EU) is moving to ban all Brazilian beef imports from today (Jan 31) following concerns about Brazil’s handling of its latest foot-and-mouth disease outbreak. The European Commission had not wanted to impose a blanket ban and had instead offered Brazil a jointly-agreed list of FMD-safe producers, who would export to Europe.…
EUROPEAN PARLIAMENT WANTS TOUGH ACTION DEFENDING EUROPE'S THREATENED TEXTILE AND CLOTHING MANUFACTURERS
BY KEITH NUTHALL
ACTIVE European Commission support and stubbornness in foreign trade talks is required to defend Europe’s shaky clothing and textile sector against a flood of foreign imports, the European Parliament has said.
In a comprehensive policy statement, MEPs effectively said textile and clothing manufacturers should not be offered as sacrificial lambs to strike an agreement at the World Trade Organisation’s (WTO) Doha Development Round.…
POTENTIAL ENVIRONMENTAL DAMAGE CAUSED BY BIOFUELS CAUSING GLOBAL RETHINK ON PRODUCTION PROCESSES
BY MARK ROWE
WHICHEVER way you look, the oil and gas sector is investing in biofuels. The larger energy companies – driven by an eye for a new and potentially lucrative market as well as shareholder concern and governmental and international political pressure – are investigating both first and second generation biofuels.…
WTO CONCERNS RAISED OVER REACH COMPLEXITY, AS CHEMICAL CONTROL SYSTEM GETS INTO GEAR
BY KEITH NUTHALL
DIPLOMATIC grumbles are emerging about the European Union’s (EU) REACH chemical control system, claiming its complexity could break EU commitments under the being made at the World Trade Organisation (WTO) technical barriers to trade agreement. A meeting of the WTO technical barriers to trade committee heard Argentina, Brazil, the USA, South Korea, Australia, Japan, Canada, Taiwan, Chile, China, Mexico and Thailand raise concerns that REACH could impose illegally difficult tasks on exporters.…
WTO CONCERNS RAISED OVER REACH COMPLEXITY AS EU SYSTEM GETS INTO GEAR
BY KEITH NUTHALL
DIPLOMATIC grumbles have started to emerge about the European Union’s (EU) REACH chemical control system, with claims being made at the World Trade Organisation (WTO) its complexity could break EU commitments under the WTO’s technical barriers to trade agreement.…
JAPAN AUTO MANUFACTURERS PUSHING INTO RUSSIA
BY JULIAN RYALL, in Tokyo
WITH the start of production at its new automotive plant in the Shushary district of St. Petersburg on December 21, Toyota will become the latest Japanese car manufacturer to set up shop in a market it says has "tremendous potential" and is looking forward to the roll-out of the first Russian-built Camry.…
WTO CONCERNS RAISED OVER REACH COMPLEXITY
BY KEITH NUTHALL
CLAIMS are being made at the World Trade Organisation (WTO) that the complexity of the European Union’s (EU) REACH chemical control system could break EU commitments under the WTO’s technical barriers to trade agreement. Argentina, Brazil, the USA, South Korea, Australia, Japan, Canada, Taiwan, Chile, China, Mexico and Thailand claim REACH could impose illegally difficult tasks on exporters.…
AMERICAN AND EUROPEAN FOOD SAFETY REGULATORS STRUGGLE TO CONTAIN EMERGING FOOD HEALTH RISKS
BY DAVID HAWORTH, in Brussels
ONLY a small fraction of food induced illnesses are reported to the public health authorities because most cases are sporadic and outside recognised outbreaks, Robert Tauxe, of the Centre for Disease Control, Atlanta, USA, told a key Brussels environmental health meeting.…
WTO CONCERNS RAISED OVER REACH COMPLEXITY
BY KEITH NUTHALL
DIPLOMATIC grumbles have started to emerge about the European Union’s (EU) REACH chemical control system, with claims being made at the World Trade Organisation (WTO) its complexity could break EU commitments under the WTO’s technical barriers to trade agreement.…
DEMAND FOR OILS AND FATS WITHIN PERSONAL CARE SECTOR DIVERGES WIDELY BETWEEN COUNTRIES, CONTINENTS
BY MARK ROWE, in London, JULIAN RYALL, in Tokyo, and RACHEL JONES, in Caracas
PERSONAL care products – soaps, cosmetics, lotions and hair products – have always been important consumers of vegetable and animal-based oils and fats. Yet, this is a complex sub-sector of the global oils and fats industry.…
IRAN AND VENEZUELA DEVELOP ANTI-AMERICAN OIL AND GAS AXIS
BY RACHEL JONES, in Caracas
FOLLOWING the late-November OPEC summit in Riyadh, Saudi Arabia, Venezuelan President Hugo Chavez visited Tehran to discuss joint ventures over oil refining and then chuckle with his Iranian counterpart, Mahmoud Ahmadinejad, over the weakened US dollar.…
OECD CRITICISES WEAK IMPLEMENTATION OF ANTI-COUNTERFEITING LAWS
BY KEITH NUTHALL
THE ORGANISATION for Economic Cooperation and Development (OECD) has criticised weak implementation of anti-counterfeiting laws in countries that are a major source of fake medicines. In its report the Economic Impact of Counterfeiting and Piracy, the OECD noted that Brazil, China, India, and Russia, all have trademark laws with civil and criminal remedies against pharmaceutical counterfeiting, including "graduated levels of fines and terms of imprisonment".…
OIL COMPANIES WORLDWIDE LOOK FOR WAYS TO DOVETAIL BIOFUEL REFINING AND DISTRIBUTION WITH MINERAL OIL NETWORKS
BY LUCY JONES, in Dallas, Texas, ALAN OSBORN, in London, and PAUL COCHRANE, in Beirut.
AS American gas prices once again edge closer to the US$3 a gallon mark – the point at which an all-pervading quiet panic besets the US retail market – staff at the country’s National Renewable Energy Laboratory’s hotline know busy times are ahead.…
VENEZUELA UNDERTAKES PARTIAL REFINERY NATIONALISATION - INTERNATIONAL ARBITRATION EXPECTED
BY RACHEL JONES, in Caracas
VENEZUELA’S Orinoco Belt-which follows the line of the Orinoco River in the south of the country’s Guárico, Anzoátegui and Monagas states-is home to some of the biggest reserves of crude oil in the world: 77.2 billion barrels of conventional proved reserves, and about 270 billion barrels of recoverable heavy oil.…
RUSSIA DAIRY PRODUCT IMPORT RESTRICTIONS HITS EASTERN EUROPEAN PRODUCERS HARD
BY MARK ROWE
RUSSIA’S new-found belligerence and confidence is not confined to the political and military sphere: in the past four years – and increasingly so in the past 12 months – Russia has adopted an aggressive, take-it-or-leave it stance when it comes to imports of dairy and other food products.…
INNOVATION SURGING AHEAD IN JAPAN CAR PAINTS – SELF-HEALING COATINGS ON THEIR WAY
BY JULIAN RYALL, in Tokyo
WITH a quick scrubbing motion, Tatsuya Ishihara commits an act that is tantamount to a crime in the vehicle industry. The to-and-fro of the wire brush has etched scars in the black paint on the bonnet of the brand new Nissan X-Trail SUV that would normally require a return to the workshop.…
INNOVATION SURGING AHEAD IN JAPAN CAR PAINTS - SELF-HEALING COATINGS ON THEIR WAY
BY JULIAN RYALL, in Tokyo
WITH a quick scrubbing motion, Tatsuya Ishihara commits an act that is tantamount to a crime in the vehicle industry. The to-and-fro of the wire brush has etched scars in the black paint on the bonnet of the brand new Nissan X-Trail SUV that would normally require a return to the workshop.…
GREEN GROUPS PRESS BRAZIL TO CLEAN UP ITS SOYA PRODUCTION'S ENVIRONMENTAL AND SOCIAL IMPACT
BY MARK ROWE
CONCERNS over the way in which soybean production takes place have led to calls for the Brazilian government to dramatically escalate its efforts to clean up the industry. Groups campaigning for a socially and environmentally responsible approach to soy production have called on the Brazilian government to speed up the process of providing satellite images that can map the scale of soy-related deforestation, and regulate the ownership of land earmarked for soy production.…
INNOVATION SURGING AHEAD IN JAPAN CAR PAINTS - SELF-HEALING COATINGS ON THEIR WAY
BY JULIAN RYALL, in Tokyo
WITH a quick scrubbing motion, Tatsuya Ishihara commits an act that is tantamount to a crime in the vehicle industry. The to-and-fro of the wire brush has etched scars in the black paint on the bonnet of the brand new Nissan X-Trail SUV that would normally require a return to the workshop.…
LATIN AMERICA EXPERIENCES WORLD BEATING GROWTH IN PERSONAL CARE SECTOR
BY RACHEL JONES, in Caracas
A NUMBER of factors have contributed to a booming Latin American market in soap, perfume and cosmetics – most importantly, regional economic growth and a healthy overall GDP. Hair care is the region’s biggest seller, but an increase in life expectancy has created a growing demand for skin care products, especially those related to anti-aging and sun protection.…
WTO BANANA DEAL TO BE ROLLED INTO GENERAL DOHA AGREEMENT SAYS BRUSSELS
BY ALAN OSBORN
THE EUROPEAN Commission is attempting to find a solution to its long-standing row with Latin American countries over banana exports by rolling the dispute over into the multilateral World Trade Organisation (WTO) Doha Development Round. These talks restart in earnest September 3, and Commission agriculture spokesman Johan Reyniers said today (Monday) that the Commission was negotiating with Costa Rica, Guatemala, Honduras, Nicaragua, Panama, Colombia, Peru and Brazil to secure a deal.…
FOOD PRICES MAY RISE BECAUSE OF GLOBAL BIOFUEL BOOM
BY ANDREW CAVE
BIOFUELS have generated earnest debate ever since German inventor Rudolph Diesel ran the world’s first diesel engine on peanut oil back in 1894, but suddenly there is a biofuels boom that’s moving global markets.
World economies are in a race to find alternatives to fossil fuels and turning crops such as wheat and corn into ethanol or oilseed rape, soya, or palm oil into biodiesel is having an impact on farmers, manufacturer and industrial producers worldwide.…
BRAZIL BEEF IMPORTS TO EUROPE RESTRICTIONS PUSHED BY MEPS
BY KEITH NUTHALL
CONCERNS that Brazilian beef producers are hoodwinking international animal and food health regulators by using superficial controls, have prompted European Union (EU) import ban calls. Irish MEP Mairead McGuinness told a European Parliament agriculture committee today (Mon 15-7): “It is important not only from a human health point of view but also from an ethical aspect.”…
ABSOLUT VODKA BRAND DIRECTOR LOOKS TO THE FUTURE WITH OPTIMISM
BY MARK ROWE, in Stockholm
Interview with Anna Laestadius, Director Global Brand, Absolut Vodka.
*How would you describe the market for Absolut at the moment?
Absolut grew by seven per cent worldwide in 2006, from what we viewed as an already strong position, to a total volume of 89 million litres (2005, 83 million litres).…
ABSOLUT VODKA BRAND DIRECTOR LOOKS TO THE FUTURE WITH OPTIMISM
BY MARK ROWE, in Stockholm
Interview with Anna Laestadius, Director Global Brand, Absolut Vodka.
*How would you describe the market for Absolut at the moment?
Absolut grew by seven per cent worldwide in 2006, from what we viewed as an already strong position, to a total volume of 89 million litres (2005, 83 million litres).…
WTO OFFICIALS LOSE PATIENCE WITH FOOD TRADE NEGOTIATORS
BY KEITH NUTHALL
THE TALKS chairmen at the World Trade Organisation’s (WTO) Doha Development Round talks on food liberalisation have lost patience with the big member governments trying to frame a deal behind the scenes, and will now draft take-it-or-leave-it proposals for the entire membership.…
ARGENTINA SEEKS WTO RULING ON BRAZIL RESINS ANTI-DUMPING DUTIES
BY KEITH NUTHALL
ARGENTINA has formally requested the creation of a World Trade Organisation (WTO) disputes panel to rule on whether Brazil broke the WTO’s anti-dumping agreement when imposing tough anti-dumping duties on Argentine exports of polyethylene terephthalate (PET) resins. Buenos Aires claims Brazil railroaded the tariffs through WTO-sanctioned legal procedures, ignoring commitments to properly consult with Argentine producers and carefully assess whether Brazilian PET manufacturer claims of cut-priced exports from Argentina actually held water.…
ARGENTINA SEEKS WTO RULING ON BRAZIL RESINS ANTI-DUMPING DUTIES
BY KEITH NUTHALL
ARGENTINA has formally requested the creation of a World Trade Organisation (WTO) disputes panel to rule on whether Brazil broke the WTO’s anti-dumping agreement when imposing tough anti-dumping duties on Argentine exports of polyethylene terephthalate (PET) resins. Buenos Aires claims Brazil railroaded the tariffs through WTO-sanctioned legal procedures, ignoring commitments to properly consult with Argentine producers and carefully assess whether Brazilian PET manufacturer claims of cut-priced exports from Argentina actually held water.…
WTO OFFICIALS LOSE PATIENCE WITH FOOD TRADE NEGOTIATORS
BY KEITH NUTHALL
THE TALKS chairmen at the World Trade Organisation’s (WTO) Doha Development Round talks on food liberalisation have lost patience with the big member governments trying to frame a deal behind the scenes, and will now draft take-it-or-leave-it proposals for the entire membership.…
WTO TALKS CHAIRMAN SAYS KEY DOHA ROUND CONTACT GROUP IS MAKING PROGRESS
BY KEITH NUTHALL
THE CHAIRMAN of the World Trade Organisation’s (WTO) Doha Development Round has revealed the key G4 Group within the negotiations (the US, Brazil, European Union and India – loosely representing all WTO factions) were now “seriously engaged” and talking “about substance” regarding a final deal.…
WTO TALKS CHAIRMAN CALLS FOR US LIBERALISATION
BY KEITH NUTHALL
THE CHAIRMAN of the World Trade Organisation’s (WTO) Doha Development Round has said the USA will have to reduce its overall food production subsidies to secure agreement in the global commerce talks. In his first formal paper since the round was temporarily suspended last July, chairman Crawford Falconer said, quite bluntly: “It is frankly inconceivable that the US will come out of this negotiation with an entitlement to spend more on overall trade distorting domestic support than it had when it came in.”…
SARKOZY SPEECH CASTS GLOOM ON WTO DOHA ROUND PROSPECTS
BY KEITH NUTHALL
HOPES that the departure of former French president Jacques Chirac from the Élysée Palace would help create an opening for the World Trade Organisation’s (WTO) Doha Development Round have been dashed. New president Nicolas Sarkozy told northern France producers that he would insist on guaranteed subsidies protecting French meat and other specialities.…
USA MONEY LAUNDERING REPORT IS BIBLE FOR GLOBAL FINANCIAL CRIME FIGHTERS
BY KEITH NUTHALL
THE UNITED States’ diplomatic service is surely the largest and best resourced international network of experts in the world, and this is born out by the depth of the narcotics strategy report – or INCSR to use its acronym.…
USTR REPORTS WARN OF CONTINUING WORLDWIDE COUNTERFEITING THREATS
BY KEITH NUTHALL
THE UNITED States Trade Representative (USTR) has released a series of detailed reports outlining the threats posed by counterfeiters worldwide and the inability of many governments to fight the problem.
Its sheaf of intelligence includes comprehensive warnings from cigarette giant Philip Morris, a company that has adopted a high profile in fighting counterfeiters and smugglers.…
GULF ECONOMIC HOTSPOT MORPHS INTO KEY INTERNATIONAL BRANDED FOOD MARKET
BY PAUL COCHRANE, in Dubai
THE UNITED Arab Emirates’ (UAE) highly competitive food sector is expecting double-digit growth this year, driven by 7% annual population growth, booming foodservice and tourism sectors, and rapid economic growth.
Food producers and retailers in this economic powerhouse of the oil-rich Gulf say there is strong growth across the board, from fresh fruit to ready-made meals in the modern retail environment of the UAE, particularly in Dubai, which is undergoing a construction boom and the top destination for most expatriate workers and tourists.…
PHILIP MORRIS RELEASES GLOBAL COUNTERFEITING INTELLIGENCE
BY KEITH NUTHALL
PHILIP Morris International (PMI) has released a detailed intelligence dossier on cigarette and other tobacco product counterfeiting, in a bid to encourage the international cooperation it deems necessary to effectively fight this crime. The report highlights 17 countries around the world where it thinks cigarette counterfeiting is a particular problem and where the cigarette company has specific advice: Latvia, the Czech Republic, Ukraine, Russia, Thailand, Vietnam, the Philippines, Malaysia, Indonesia, China, Egypt, Belize, Panama, Uruguay, Paraguay, Brazil and Ghana.…
IFC FUNDS BRAZIL SUGAR ETHANOL PLANT
BY KEITH NUTHALL
THE CONSTRUCTION of an energy-efficient sugar and ethanol plant near São Paulo, Brazil, is being backed by a US$35 million lent by the World Bank’s International Finance Corporation. The Vale do Parana plant is a joint-venture of Brazil’s Unialco, Columbia’s Inversiones Manuelita and Guatemala’s Pantaleon Sugar Holdings and will produce 141,000 meters of raw sugar annually.…
IFC FUNDS BRAZIL SUGAR ETHANOL PLANT
BY KEITH NUTHALL
THE CONSTRUCTION of an energy-efficient sugar ethanol plant near São Paulo, Brazil, is being backed by a US$35 million lent by the World Bank’s International Finance Corporation. The Vale do Parana plant is a joint-venture of Brazil’s Unialco, Columbia’s Inversiones Manuelita and Guatemala’s Pantaleon Sugar Holdings.…
EUROPEAN DAIRY ASSOCATION PREPARES FOR FUTURE LIBERALISATION
BY DAVID HAWORTH, in Brussels
THE EUROPEAN Commission’s proposal to simplify the organisation for milk and dairy products, announced last month, is already having profound effects on the industry says Dr Joop Kleibeuker, Secretary General of the Brussels-based European Dairy Association in an exclusive interview with just-food.com.…
SEAFOOD INDUSTRY GETS EXPERT DISEASE GUIDANCE FROM WORLD ANIMAL HEALTH ORGANISATION
BY KEITH NUTHALL
DISEASE is maybe the seafood industry’s worst nightmare. Whole stocks, natural or farmed, can be wiped out overnight. And, with globalisation meaning disease is ever more likely to be transported by international shipping, cargo planes, chilled train wagons and lorries, it is increasingly important seafood businesses monitor disease outbreaks abroad, to protect themselves and their sticks against exposure.…
USA CLOTHING GROUPS RELEASE GLOBAL INTELLIGENCE ON PIRACY
BY KEITH NUTHALL
AN AMERICAN anti-piracy group has warned that the Czech Republic and Costa Rica have joined the well-known major sources of counterfeit clothing such as China and Brazil. And the International Anti-Counterfeiting Coalition adds that the “vast majority” of pirated clothing exported from the Czech Republic was actually made in China.…
USA CLOTHING FEDERATIONS CALL FOR GLOBAL ANTI-COUNTERFEITING ACTION
BY KEITH NUTHALL
AN AMERICAN anti-piracy group has warned that the Czech Republic and Costa Rica have joined the well-known major sources of counterfeit clothing such as China and Brazil. And in a report, the International Anti-Counterfeiting Coalition adds that the “vast majority” of pirated clothing exported from the Czech Republic was actually made in China.…
VENEZUELA
BY RACHEL JONES, in Caracas
VENEZUELA’S economy, fueled by its vast oil wealth, has grown by about 9% in 2006, making it one of the fastest-growing in Latin America, resulting in increased consumption and production of paints and coatings. However, the boom has not been all good news for the sector, it has also caused problems related to inflation and currency controls, specifically in regards to the importation of primary materials for production.…
THAILAND AND EU STRIKE DEAL OVER POULTRY EXPORTS
BY KEITH NUTHALL
THE EUROPEAN Commission has now struck a deal with Thailand, increasing its previously disputed rights to export salted poultrymeat and cooked chicken into the European Union (EU). As with the recent announcement regarding Brazil, the agreement solves a long running World Trade Organisation (WTO) battle.…
BRAZIL - THAILAND POULTRY EXPORTS
BY KEITH NUTHALL
THE EUROPEAN Commission has struck a deal with Brazil, increasing its rights to export 335,000 tonnes into the European Union (EU) of salted poultrymeat, turkey meat preparations and cooked chicken meat. Brussels has made a similar agreement with Thailand regarding it exporting 252,000 tonnes of salted poultry meat and cooked chicken meat to the EU.…
VIETNAM MEMBERSHIP OF WTO WILL CREATE TEXTLE TRADE OPPORTUNITIES
BY KEITH NUTHALL
VIETNAM will be hoping that the approval this week of its accession to the World Trade Organisation (WTO) will improve the access to overseas markets enjoyed by its clothing and textile exporters. Membership means that Vietnam and its trading partners have promised to keep their mutual clothing and textile trades unimpeded by restrictive quotas.…
EUROPEAN COMMISSION NAMES MEDICINE COUNTERFEITING HOTSPOTS
BY KEITH NUTHALL
THE EUROPEAN Commission has highlighted countries with particularly significant counterfeiting and piracy of medicinal products. Following 290 replies from businesses, trade associations and diplomatic missions, covering 63 countries, its survey report named Egypt as a real problem zone, criticising the December 2004 approval of 850 local copies of pharmaceuticals "without generic companies having to "prove the efficiency and safety of the copy".…
BRAZIL AND EU STRIKE DEAL ON CHICKEN IMPORTS
BY KEITH NUTHALL
THE EUROPEAN Commission has struck a deal with Brazil, increasing its rights to export salted poultrymeat, turkey meat preparations and cooked chicken meat into the European Union (EU). The deal has solved a long running World Trade Organisation (WTO) battle, where Brazil successfully argued that the EU was denying it rights to export salted poultrymeat that it had previously accepted in the WTO’s 1994 Marrakesh Agreement.…
WTO EXTENDS FREE-TRADE WAIVER FOR BLOOD DIAMOND CONTROLS
BY KEITH NUTHALL
THE WORLD Trade Organisation (WTO) has exempted from its standard free trade rules for a further six years countries involved in the Kimberley Process Certification Scheme combating ‘blood diamond’ sales.
Its current waiver was to expire December 31 and protects trade restrictions undertaken by participating countries preventing rough diamonds being exported to non-signatory states.…
EC PRESSURES BRAZIL OVER MEAT HEALTH EFFORTS
BY KEITH NUTHALL
EUROPEAN Union (EU) health Commissioner Markos Kyprianou has visited Brazil to pressure the Brazilian government into tightening its veterinary medicine residue and foot-and-mouth disease controls. Problems in both areas have led to restrictions on Brazilian meat sales to EU.…
USA FACES WTO PRESSURE OVER HAVANA CLUB DECISION
BY KEITH NUTHALL
THE UNITED States is coming under pressure at the World Trade Organisation (WTO) over its refusal of a licence allowing the registration of the contested Havana Club rum trademark to be renewed. Washington has already lost a WTO disputes case over the issue, with a panel declaring illegal clauses in its Omnibus Appropriations Act that prevent the registration of trademarks expropriated in the Cuban revolution after 1959.…
LATIN AMERICA ANTI-MONEY LAUNDERING ORGANISATION - GAFISUD
BY LIZ HALL
SIX years ago, government representatives from nine South American countries gathered in Cartagena de Indias, Colombia, to sign a document of great importance to those concerned with fighting money-laundering (ML) and terrorism financing (TF).
On December 8, 2000, representatives of the governments of the following countries: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru and Uruguay, signed the Founding Memorandum of Understanding (MOU) formally establishing GAFISUD, a regional body modelled on the Financial Action Task Force (FATF).…
EUROPEAN COMMISSION STARTS PLANNING FOR EIGHTH FRAMEWORK PROGRAMME
BY KEITH NUTHALL
THE EUROPEAN Commission has already started considering the potential shape of the eighth framework programme on research (which would start in 2014), even as the final details of its seventh predecessor are still being thrashed out.
Brussels’ directorate general (DG) for research commissioned a study, and it has recommended that the next big EU research programme look well beyond the shores of the Atlantic and the Mediterranean.…
FAO STEPHEN WHITE WORLD TOBACCO
BY PAUL COCHRANE, in Damascus and Amman
JORDAN and Syria both have large tobacco markets, with a third of Jordan’s population, and around 60% of Syria’s male population, being smokers. Both markets are growing, spurred on by large young populations and the cultural prevalence of smoking cigarettes and nargileh (water pipes), but not all is rosy in the sector.…
CODEX PASSES NUT CONTAMINATION RULE
BY KEITH NUTHALL
A GLOBAL code of practice for reducing aflatoxin contamination in Brazil nuts has been approved by world food standards body Codex Alimentarius’ ruling commission.
ENDS…
CODEX CONTAMINATION STANDARDS
BY KEITH NUTHALL
WORLD food standards body Codex Alimentarius’ ruling commission has passed draft standards setting maximum allowable amounts for contaminants. These included maximum limits for lead in fish; cadmium in rice, marine bivalve molluscs and cephalopods (such as squid); and codes of practice for reducing aflatoxin contamination in Brazil nuts; and dioxin and dioxin-like PCB contamination in food and feed.…
WTO DOHA ROUND TALKS COLLAPSE
BY KEITH NUTHALL
THE WORLD’S trade ministers will this autumn consider whether they want to restart the WTO’s Doha Development Round, which has been suspended amidst disagreement over its final food trade goals. Key players such as the USA, the EU, Australia, India and Brazil were unable in last-ditch talks to meet each other’s demand to cut food production subsidies, food tariffs and industrial duties.…
CODEX GUIDELINES WILL HELP REDUCE CONTAMINATION RISKS
BY KEITH NUTHALL
BRITAIN and the 172 other member countries of world food standards body Codex Alimentarius are now considering how to implement new approved regulations mandated by the organisation’s ruling commission that should reduce risks posed by traded foodstuffs. Standards passed notably set maximum allowable amounts for contaminants in a wide range of products and commodities.…
BRAZIL TO CONTINUE PROTECTING ITS COCONUT PRODUCERS - WTO
BY KEITH NUTHALL
BRAZIL has announced plans to extend quota restrictions on imports of peeled desiccated coconuts for another four years – to 2010 – over concerns about import booms damaging local production.
ENDS…
CODEX MEMBER STATES TOLD TO IMPLEMENT CONTAMINATION STANDARDS
BY KEITH NUTHALL
THE 173 country membership of world food standards body Codex Alimentarius is now considering how to implement new approved regulations mandated by the organisation’s ruling commission. National representatives passed a series of draft standards that have been publicised in just-food.com,…
WTO TALKS COLLAPSE EU BLAMES USA
BY KEITH NUTHALL
THE WORLD Trade Organisation’s (WTO) Doha round food trade talks collapsed today, with diplomats floundering about how to recover from damaging political deadlock. European Union (EU) trade Commissioner Peter Mandelson has bluntly blamed the Americans for refusing to yield on reducing farm production subsidies.…
OECD CALLS FOR DEVELOPING COUNTRY FOOD PRODUCTION INVESTMENT
BY KEITH NUTHALL
URBANISATION in developing countries will inflate demand for meat and processed foods generally from this year to 2015, the Organisation for Economic Cooperation and Development (OECD) has predicted. In a new ‘Agricultural Outlook’ written with the UN’s Food and Agriculture Organisation (FAO), the OECD says "growing market opportunities in certain developing countries" (notably Brazil, China and India) will cause a "shift in production and export of farm commodities away from [developed] OECD countries and more towards other developing economies".…
BIO-FUELGROWTH PROMPTS FEARS OVER SUGAR SUPPLIES
BY ALAN OSBORN
EUROPEAN food manufacturers are increasingly concerned that western governments might turn to sugar beet as a source of bio-fuel in the next few years, with possibly serious consequences for the price and availability of sugar in the long-term.…
SYRIA AUTO MARKET BOOMS AFTER DUTY CUTS
BY PAUL COCHRANE, in Damascus
FOLLOWING a sizeable reduction in import duties last year, Syria’s fledgling car market has grown by up to 60% in under a year.
A mere decade ago Syria’s roads were full of ageing cars, such as 1950s and 1960s Chevrolets, Dodges and Plymouths that were either lovingly maintained or had had one paint job too many.…
OECD CALLS FOR DEVELOPING COUNTRY FOOD PRODUCTION INVESTMENT
BY KEITH NUTHALL
URBANISATION in developing countries will inflate demand for meat and processed foods generally from this year to 2015, the Organisation for Economic Cooperation and Development (OECD) has predicted. Its new ‘Agricultural Outlook’ identifies "growing market opportunities in certain developing countries" (notably Brazil, China and India).…
USA SCIENTISTS DEVELOP COCOA DISEASE CURES
BY MONICA DOBIE, in Ottawa
SCIENTISTS have gathered in Quebec City, Canada, to discuss ways of fighting plant diseases that threaten to destroy cocoa production. At the Cacao Diseases: Important Threats to Chocolate Production Worldwide symposium members of the American Phytopathological Society, Canadian Phytopathological Society, and the Mycological Society of America listened to experts warn of the grave threat to cocoa plants posed by three deadly diseases: black pod, frosty pod, and witches’ broom.…
WTO DOHA ROUND TALKS COLLAPSE
BY KEITH NUTHALL
THE WORLD’S trade ministers will this August and September be considering whether they want to make further compromises that could restart the World Trade Organisation’s (WTO) Doha Development Round, which have been suspended amidst disagreement over its final goals.…
BIOFUELS DEMAND ERODES SUGAR PRICE FALL HOPES
BY ALAN OSBORN
THE CONFECTIONARY manufacturing industry in Europe has been banking on a fall in sugar prices from 2008 thanks to the new sugar regime brought in by the European Union (EU) last year, but this now looks a little less certain than it did.…
BRAZIL DESICCATED COCONUTS - WTO
BY KEITH NUTHALL
BRAZIL has announced at the World Trade Organisation plans to extend quota restrictions on imports of peeled desiccated coconuts for another four years – to 2010 – because of concerns about an import flood damaging local production.
ENDS…
WTO DOHA ROUND TALKS COLLAPSE - DRINKS INDUSTRY IMPLICATIONS
BY KEITH NUTHALL
THE WORLD’S trade ministers will this August and September be considering whether they want to make further compromises that could restart the World Trade Organisation’s (WTO) Doha Development Round, which have been suspended amidst disagreement over its final goals.…
WTO DOHA ROUND TALKS COLLAPSE - DRINKS INDUSTRY IMPLICATIONS
BY KEITH NUTHALL
THE WORLD’S trade ministers will this August and September be considering whether they want to make further compromises that could restart the World Trade Organisation’s (WTO) Doha Development Round, which have been suspended amidst disagreement over its final goals.…
EU AFLATOXINS NUTS ALERT AS CODEX DRAWS UP RULES TO FIGHT PROBLEM
STORIES BY KEITH NUTHALL
EUROPEAN Union food safety alert service RASFF has warned of nut aflatoxin contaminations, as global food standards agency Codex Alimentarius develops guidelines on the problem. RASFF highlighted aflatoxins in Iranian pistachio nuts, Israeli groundnuts, and Azerbaijani hazelnuts sold in Italy; Iranian pistachios sold in Spain and Germany; American almonds in Spain; amongst other incidents.…
PORTUGAL SOLAR ENERGY PLANT
BY KEITH NUTHALL
THE WORLD’S largest solar photovoltaic power plant is now under construction in Portugal’s sunny Algarve region. When it starts generating electricity early next year, it should power 8,000 homes, saving 30,000 tonnes annually in greenhouse gas emissions. There will be 52,000 photovoltaic modules on the plant on the 60-hectare site located on a south-facing hillside at Serpa, which is one of the sunniest spots in Europe.…
FIGEL INTERVIEW - EUROPEAN COMMISSION HIGHER EDUCATION REFORM COMMUNICATION
BY DAVID HAWORTH, in Brussels
IT is not often that Jan Figel, the European Union (EU) Commissioner for education, training and multilingualism makes headlines. Not only is the Slovak modest to a fault, but as under EU treaties, education policy is controlled by national governments, his responsibilities rarely get the headlines which other policy areas attract.…
BRAZIL FMD OUTBREAK CONTINUES
BY KEITH NUTHALL
BRAZIL’S damaging foot and mouth disease outbreak is continuing, despite desperate efforts to stamp it out, the Office International des Épizooties (OIE) is reporting. It says in April, 137 cattle have caught the disease on a ranch in Japorã, in the key beef producing state of Mato Grosso do Sul.…
GM FOODSTUFFS CONTROLS EUROPEAN COMMISSION REPORT/REFORMS
BY KEITH NUTHALL
THE EUROPEAN Commission has proposed reforms to the scientific basis and transparency of decisions on approving or banning genetically modified organisms (GMOs) in foodstuffs. This follows concerns from member states that too many GM products are being approved for sale in the European Union (EU).…
FIGEL INTERVIEW - EUROPEAN COMMISSION HIGHER EDUCATION REFORM COMMUNICATION
BY DAVID HAWORTH, in Brussels
IT is not often that Jan Figel, the European Union (EU) Commissioner for education, training and multilingualism makes headlines. Not only is the Slovak modest to a fault, but as under EU treaties, education policy is controlled by national governments, his responsibilities rarely get the headlines which other policy areas attract.…
WTO EU SUGAR LIBERALISATION DEADLINE
STORIES BY KEITH NUTHALL
AUSTRALIA, Thailand and Brazil have claimed at the World Trade Organisation that the European Union has missed a May 22 deadline to reduce sugar subsidies to WTO norms, despite the EU agreeing recent reforms to its sugar regime.…
GM SEED CONTAMINATION - CARTEGENA PROTOCOL
BY KEITH NUTHALL
DETAILED documentation requirements required for the international trade in genetically modified foodstuffs have been agreed by parties to the Cartegena Protocol on Biosafety. The European Commission has hailed the documents as "clear, meaningful and practical for both exporters and importers of agricultural products".…
WTO REPORT DOHA DEVELOPMENT ROUND - MODALITIES FOLLOW UP - ROUND CONCLUSION
BY KEITH NUTHALL
INTRODUCTION
THE WORLD’S multilateral food trading system today stands at a crossroads: faced with the suspension of the World Trade Organisation’s Doha Development Round, it can either retreat to protectionism, leavened by a series of competitive bilateral trade deals, or it can grasp the nettle of liberal free trade, slash subsidies and tariffs, and then watch the economic rewards roll in.…
EUROPEAN COMMISSION MADEIRA WINE INTERNATIONAL SALES PROMOTION PORTUGAL
BY KEITH NUTHALL
THE EUROPEAN Commission has announced plans to spend Euro 702,993 over three years on promoting Portuguese Madeira wine in the USA, Canada, Brazil and Japan. The money will be funelled to the
Instituto do Vinho da Madeira (IVM), and will be matched by funding from the Portugal government and private sources.…
WTO BONELESS CHICKEN CUTS EU BRAZIL CASE
BY KEITH NUTHALL
THE EU has until June 27 to reclassify its customs designation of frozen boneless chicken cut imports, a WTO arbitrator has ruled. Brussels must admit into the EU cuts of 1.2%-3% salt content as ‘salted’ rather than ‘frozen’ cuts, meaning lower duties will apply.…
WTO REPORT DOHA DEVELOPMENT ROUND - MODALITIES FOLLOW UP - ROUND CONCLUSION
BY KEITH NUTHALL
INTRODUCTION
THE WORLD’S multilateral food trading system today stands at a crossroads: faced with the suspension of the World Trade Organisation’s Doha Development Round, it can either retreat to protectionism, leavened by a series of competitive bilateral trade deals, or it can grasp the nettle of liberal free trade, slash subsidies and tariffs, and then watch the economic rewards roll in.…
WTO DOHA DEVELOPMENT ROUND COTTON SUB-COMMITTEE WEST AFRICA COTTON SUBSIDY ABOLITION CALL
BY KEITH NUTHALL
THE WEST African countries that have spearheaded the call for reductions in cotton subsidies at the World Trade Organisation’s (WTO) Doha Development Round have released a proposed formula guaranteeing these cuts are significant. If proposals tabled by the so-called Cotton-Four states Benin, Burkina Faso, Chad and Mali are accepted, cotton reductions would be deeper than cuts to agricultural subsidies in general.…
SOUTHERN AND EASTERN AFRICA TOBACCO PRODUCTION FEATURE
BY STEVEN SWINDELLS, in Johannesburg
AFRICA’S tobacco leaf producers are facing troubled times.
Instead of capitalising on crop and currency woes in rival Brazil, too many producers across the world’s poorest continent are battling drought and low selling prices.
Brazil’s problems should have opened a door of opportunity for leading African producers to claim back at least part of the world leaf market lost to south American and other producers when Zimbabwe’s crop collapsed amid the violent seizure of white-owned farm land.…
MIGA INVESTMENT GUARANTEES OIL AND GAS SECTOR WORLD BANK
BY KEITH NUTHALL
THE MULTILATERAL Investment Guarantee Agency, or MIGA, is the international organisation companies turn to when they want to invest in a jurisdiction where their assets might not be that safe. Oil and gas companies have long used MIGA to cover risks that are too tasty for the private insurance industry, and at December 2005, MIGA had supported 13 oil and gas projects, with guarantees totalling US$707 million, with a standard leverage of five-to-one, so investments covered are actually five times larger.…
WOMEN BEER EXECUTIVES FEATURE USA CANADA RUSSIA
BY LUCY JONES
A new kind of executive is cutting an impression in the traditionally male-dominated brewery boardrooms. They are dedicated, tough and often young – and being female, a rare breed in the drinks environment.
As the beer business expands and perceptions change, women are increasingly rising to the top of the industry.…
WTO BONELESS CHICKEN CUTS EU BRAZIL CASE
BY KEITH NUTHALL
THE EUROPEAN Union (EU) will have until June 27 to reclassify its customs designation of frozen boneless chicken cut imports, a World Trade Organisation (WTO) arbitrator has ruled. Brussels must admit into the EU cuts of 1.2%-3% salt content as ‘salted’ rather than ‘frozen’ cuts, meaning lower duties will apply.…
INTERAMERICAN DRUG ABUSE CONTROL COMMISSION CICAD - REGIONAL ANTI-MONEY LAUNDERING ORGANISATION FEATURE
BY ALAN OSBORN
IN line with the growing recognition in the 1980s of anti-money laundering campaigns as a weapon against terrorism and increased knowledge global drug supply routes, (implicating a number of Latin American countries), governments of the western hemisphere concluded that greater formal co-operation was necessary in fighting dirty money.…
CHINA VIETNAM EU SHOES ANTI-DUMPING DUTIES EUROPEAN COMMISSION
BY ALAN OSBORN
A PROPOSAL by the European Union (EU) trade commissioner Peter Mandelson to impose provisional anti-dumping duties of 19.4 % on imported leather shoes from China and 16.8% on those from Vietnam has sparked protests from the Chinese Leather Association (CLA), caused concern among EU retailers and importers, while bringing uncertainty into the global leather market.…
INTERAMERICAN DRUG ABUSE CONTROL COMMISSION CICAD - REGIONAL ANTI-MONEY LAUNDERING ORGANISATION FEATURE
BY ALAN OSBORN
IN line with the growing recognition in the 1980s of anti-money laundering campaigns as a weapon against terrorism and increased knowledge global drug supply routes, (implicating a number of Latin American countries), governments of the western hemisphere concluded that greater formal co-operation was necessary in fighting dirty money.…
ISRAEL ANTI-DUMPING COUNTERVAILING DUTIES - EU COUNCIL OF MINISTERS EXEMPTION
BY KEITH NUTHALL
PARIS (ICIS News)–The European Union (EU) Council of Ministers has exempted Hanita Coatings Rural Cooperative Association Ltd, of Hanita, Israel, from existing definitive 53% anti-dumping and 19.1% countervailing duties on imports of polyethylene terephthalate film from India, Brazil and Israel.…
EU SUGAR REFORM MARKET REPORT - CAP
EU SUGAR REFORM MARKET REPORT – CAP
BY KEITH NUTHALL
DECEMBER 2005’s semi-successful World Trade Organisation (WTO) summit in Hong Kong means that the sacrifice forced upon the European Union’s (EU) well protected sugar sector the month before will – largely – be worth the pain.…
EU SUGAR REFORM MARKET REPORT - CAP
BY KEITH NUTHALL
DECEMBER 2005’s semi-successful World Trade Organisation (WTO) summit in Hong Kong means that the sacrifice forced upon the European Union’s (EU) well protected sugar sector the month before will – largely – be worth the pain. Unlike the previous big WTO meeting, in Cancun, Mexico, trade ministers did not leave in rancour having achieved little.…
EU SUGAR REFORM MARKET REPORT - CAP
BY KEITH NUTHALL
DECEMBER 2005’s semi-successful World Trade Organisation (WTO) summit in Hong Kong means that the sacrifice forced upon the European Union’s (EU) well protected sugar sector the month before will – largely – be worth the pain. Unlike the previous big WTO meeting, in Cancun, Mexico, trade ministers did not leave in rancour having achieved little.…
NUTS AFLATOXIN CONTAMINATION EU CONSUMER ALERT WARNING
BY KEITH NUTHALL
THE EUROPEAN Union’s (EU) rapid consumer alert service RASFF has warned of a spate of aflatoxin contamination in peanuts, groundnuts and hazelnuts from Turkey, Azerbaijan, Brazil and China, and in Turkish dried figs.
ENDS…
WTO SUMMIT HONG KONG - INDUSTRIAL GOODS SERVICES LIBERALISATION DOHA DEVELOPMENT ROUND
BY KEITH NUTHALL
AUTO manufacturing firms will be closely monitoring next week’s World Trade Organisation (WTO) summit in Hong Kong for signs that the WTO’s long-running Doha Development Round talks are about to crack open national automobile markets. Key auto industry countries – the US, the European Union, Canada, Japan, South Korea, India and Brazil – have been making steady progress this year in identifying non-tariff barriers to trade they would like to remove, such as burdensome customs procedures, technical engineering rules and licences.…
WHO ANTI-VIOLENCE PUBLIC HEALTH STRATEGY
BY KEITH NUTHALL
THE WORLD Health Organisation (WHO) has welcomed the spread of programmes tackling violence as a public health priority instead of just a crime problem, with the WHO saying such an approach fosters effective holistic policies. A recent conference, the 2nd Milestones of a Global Campaign for Violence Prevention, in San Francisco, co-hosted by the WHO and the California Wellness Foundation, heard of many new national models.…
BRAZIL EU CHICKEN CUT CUSTOMS CLASSIFICATION
BY KEITH NUTHALL
A WORLD Trade Organisation (WTO) arbitrator will be appointed to say when the European Union (EU) must reclassify the customs designation of frozen boneless chicken cut of 1.2%-3% salt content imports. This follows a WTO disputes panel ordering this reclassification, sought by Brazil.…
MERCOSUR LABORATORY STANDARDS
BY KEITH NUTHALL
COSMETICS, perfume and personal hygiene companies in the Mercosur region of South America will have to stage annual health inspections of their manufacturing systems under a resolution agreed by member states Brazil, Argentina, Paraguay and Uruguay. These will have to demonstrate that companies are following prescribed Mercosur standards of good practice, with written reports being produced by in-house laboratories, detailing results and any reforms that are required.…
BRAZIL FOOT AND MOUTH DISEASE - EU BEEF BAN
BY KEITH NUTHALL
THE EUROPEAN Commission is planning to ban Brazilian beef imports into the European Union from the cattle-rich Mato Grosso do Sul state, west-central Brazil, following a foot-and-mouth outbreak. The ban will apply to meat from animals slaughtered since September 30, affecting more than half of Brazilian exports to the EU, said Brussels.…
BRAZIL FMD OUTBREAK - OIE LATEST UPDATE
BY KEITH NUTHALL
THE OFFICE International des Épizooties (OIE), the world animal health organisation, has reported fresh outbreaks of foot-and-mouth disease in Brazil’s Paraná state, next to key beef export state Mato Grosso do Sul, which has been stricken with the illness.…
CARIBBEAN TOBACCO INDUSTRY FEATURE
BY WESLEY GIBBINGS
THE RELATIONSHIP between Caribbean people and tobacco could have at one time been described as virtually umbilical, with important outward feeders to Europe and other parts of the world. Tobago, the smaller unit of the twin-island state of Trinidad & Tobago, bears the name of the instrument used by native Amerindians 500 years ago to smoke Burly blends.…
BRAZIL FMD OUTBREAK - OIE DATA - BRASILIA REACTION
BY KEITH NUTHALL
THE BRAZILIAN government has been racing to limit the outbreak of foot-and-mouth disease (FMD) in its top beef exporting state in Mato Grosso do Sul, appointing an emergency task force to pinpoint its origin and prevent the disease spreading.…
BRAZIL FOOT AND MOUTH DISEASE - EU BEEF BAN
BY KEITH NUTHALL
THE EUROPEAN Commission is planning to ban Brazilian beef imports into the EU from cattle-rich Mato Grosso do Sul state, west-central Brazil, following a foot-and-mouth outbreak. The ban will apply to meat from animals slaughtered since September 30, affecting more than half of Brazilian exports to the EU.…
BRAZIL FMD EU BEEF IMPORT BAN
BY KEITH NUTHALL
THE EUROPEAN Commission is planning to ban Brazilian beef imports into the European Union from the cattle-rich Mato Grosso do Sul state, west-central Brazil, following a foot-and-mouth outbreak. The ban will apply to meat from animals slaughtered since September 30, affecting more than half of Brazilian exports to the EU, said Brussels.…
LEATHER RAW MATERIALS SECTION - EU MARKET REPORT
BY KEITH NUTHALL
DETAILS of restrictions imposed on exports to European buyers of leather raw materials have been highlighted in the detailed European Union (EU) market report. It identifies India, China, the US, Pakistan and Russia as “very important markets” for the supply of leather raw materials, whilst Argentina, Australia, Brazil, Egypt, Indonesia, South Africa, Malaysia and Brazil are labelled as “important suppliers (mainly by tanners)”.…
EU LEATHER GLOBAL MARKET REPORT
BY KEITH NUTHALL
THE STEEP decline in sales of European Union (EU) finished leather to its number one market, the United States, has been highlighted by a comprehensive report on the global leather (and textile) market written for the European Commission.…
BONELESS CHICKEN CUTS
BY KEITH NUTHALL
ATTEMPTS to change a ruling in the long-running WTO dispute over EU customs classification of frozen boneless chicken cuts have largely failed. Notably, Brazil and Thailand did not persuade the WTO appellate body to rule cuts with 1.2% or more salt content be classified ‘salted’, rather than ‘frozen’, (attracting higher duty), not just 1.2%-3% content cuts.…
IFC - BRAZIL PETROCHEMICALS
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is lending US$150 million to Brazil petrochemical company Ipiranga Petroquimica SA, one of Latin America’s leading producers of polyolefins. The loan will support initiatives including “process improvements and debottlenecking of operations”.…
USTR SUGAR QUOTAS
BY KEITH NUTHALL
THE UNITED States has expanded its low-duty special quota for raw cane sugar imports to 1.23 million metric tonnes for October 2005-September 2006, from 1.11 million metric tonnes the previous year. Key beneficiaries include the Dominican Republic 204,649 tonnes; Brazil 168,603; and Australia 96,511.…
ICC - IP
BY KEITH NUTHALL
DEVELOPING countries can benefit from intellectual property laws, a World Intellectual Property Organisation (WIPO) intergovernmental meeting has been told. Representatives from innovative and creative industries in Brazil, India, Argentina and Egypt explained how IP rules had helped boost their industries’ competitiveness.…
BRAZIL WHITE SPOT
KEITH NUTHALL
THE DEVASTATION caused by a recent outbreak of white spot disease on white shrimp farms in Brazil has been made clear by a report from the Office International des Épizooties (OIE), the world animal health organisation. More than 2.24 million deaths were recorded amongst stock in semi-closed farming systems in Canavieira, Aracati, in north-eastern Brazil.…
IRELAND - CARBON
BY KEITH NUTHALL
AN IRISH company’s plan to help 1,600 meat and dairy producers in Latin America adopt technology capturing and disposing of methane has been supported by a US$10 million loan from the World Bank’s International Finance Corporation (IFC). AgCert International plc actually wants to spend US$150 million on rolling out these systems over the next three years, especially in Brazil and Mexico.…
BONELESS CHICKEN CUTS
BY KEITH NUTHALL
BRAZIL has appealed against a World Trade Organisation (WTO) ruling on the European Union’s (EU) customs designation of frozen boneless chicken cut imports, claiming the WTO should have ordered the reclassification of cuts with 1.2% or more salt content, while the panel restricted its decision to 1.2%-3% content cuts.…
MEAT PRICES - OECD/FAO
BY KEITH NUTHALL
AN INTERNATIONAL assessment of commodity markets until 2014 is predicting that increased production worldwide will depress the price of traded meat. Written by the Organisation for Economic Cooperation and Development (OECD) and the UN’s Food and Agriculture Organisation (FAO), this ‘Agricultural Outlook’ predicts slow but steady falls in beef prices, because of the gradual improvement in US production, and poultry, following “continued investment in integrated poultry systems, particularly in developing countries”.…
BONELESS CHICKEN CUTS
BY KEITH NUTHALL
THE EUROPEAN Union (EU) will have to reclassify the customs designation of frozen boneless chicken cut imports, after a World Trade Organisation (WTO) disputes panel concluded that it broke WTO rules. The Brazilian government had requested that a panel arbitrated over a row about the fact that in the past, where they had a salt content over 1.2 per cent, they were classified as salted meat.…
CHINA - SILICON DUTIES
BY KEITH NUTHALL
ANTI-DUMPING duties for silicon metal exports from China should be extended to the 10 countries that joined the European Union (EU) last year without any transitional phasing-in, the European Commission has concluded. Imposing these protective tariffs of 49% on sales to these new southern and eastern European member states “would not likely cause a sudden and excessively negative effect on interested parties, including users, distributors and consumers”, said Brussels, following a detailed review.…
SUGAR THINK-PIECE
BY ALAN OSBORN
IT won’t be long now before British and other European sugar beet growers find out exactly what kind of future they have – and even, in some cases, whether it’s worth them staying in the game at all.…
UKRAINE SILICON CARBIDE
BY KEITH NUTHALL
A UKRAINE silicon carbide producer has failed to persuade the European Commission that existing 24% anti-dumping duties on its exports to the European Union (EU) were outdated and should be abolished. Although Zaporozhsky Abrasivny Combinat (ZAC) had made price undertakings to avoid paying the duties, it claimed that the 1996 analysis behind their imposition was flawed.…
CONTINGENCY PLANS THINK PIECE
BY KEITH NUTHALL
RECEIVED wisdom on the rumbling row over the CAP pits Tony Blair’s neo-liberal agribusiness technicians, armed with computerised high-tech wizardry, against Jacques Chirac’s subsidy-cosseted peasants, idly scratching their pigs. Naturally, the reality is less simple: British farming is efficient, but it is not always as profitable as the French.…
WTO SUGAR APPEAL
BY KEITH NUTHALL
THE GLOBAL sugar industry will scrutinise the text of an appeal verdict issued yesterday (28-4) by the World Trade Organisation (WTO), confirming an earlier decision that European Union’s (EU) existing sugar subsidies break WTO rules. The European Commission has already accepted the decision, which is important, because it will on June 22 publish detailed reforms and EU agriculture Commissioner Mariann Fischer Boel has responded: “I will take account of this verdict when I finalise the reform proposals”.…
MERCUSOR REGULATION
BY KEITH NUTHALL
THE MEMBER states of the Mercosur trade bloc in South America have agreed to harmonise their authorisation and registration procedures for cosmetic, perfume and personal hygiene products companies. The aim of Brazil, Argentina, Uruguay and Paraguay is to remove restrictions preventing their trade in these products.…
BRAZIL SUGAR
BY KEITH NUTHALL
A NEW Brazil regulation has established minimum quality requirements for sugar and sweetening products; saying sugars, except baker’s sugar, should contain a minimum of 98g/100g saccharose, for instance.…
SPAIN FEATURE
BY LIZ HALL
A PROFUSION of family-run businesses, corrupt and under-resourced authorities and low wages has traditionally meant much commercial crime goes undetected in Latin America. But the tide is turning, with more and more companies unwilling to turn a blind eye to fraud, bribery and counterfeit goods production.…
CEA WTO ROUND CALL
BY KEITH NUTHALL
AS the May 31 deadline looms for World Trade Organisation (WTO) member countries to make formal offers to liberalise their service industries, the Comité Européen des Assurances (CEA) has called on Brazil, India and China to be as generous as they can.…
NON-CUBA CIGARS AOInv106
BY ALAN OSBORN
PRESIDENT George W Bush’s re-election last November has pretty well ruled out any change in the US ban on Cuban cigars for the next four years – if anything, things are likely to get tougher. One of the last things the previous Bush administration did last October was to actually tighten the import ban by barring Americans travelling to Cuba from bringing back up to US$100 dollars worth of Cuban cigars.…
FISCHER BOEL INTERVIEW
BY DAVID HAWORTH
RURAL development will be the CAP’s cornerstone for at least the next decade in its twin ambitions of creating regional growth and supporting farmers who need to modernise, promises the recently arrived European Union (EU) agriculture Commissioner, Mrs Mariann Fischer Boel.…
FISCHER BOEL INTERVIEW
BY DAVID HAWORTH, in Brussels
PROPOSALS for a new European Union (EU) wine regime, which are currently under review, will be unveiled in 12 months’ time according to the recently installed European Commissioner for agriculture, Mrs Mariann Fischer Boel.
In a wide-ranging interview in her Brussels office she admitted that the present arrangements are not working.…
WTO COTTON SUB-COMMITTEE
BY KEITH NUTHALL
A GROUP of cotton exporting countries are resisting a move by the United States to dilute the mandate of the World Trade Organisation’s (WTO) cotton sub-committee, formed to find agreement on this sensitive issue during the WTO Doha Development Round.…
FISCHER BOEL INTERVIEW
BY DAVID HAWORTH, in Brussels
SUGAR quotas covering imports from some of the world’s poorest economies are not a feasible option, according to the European Union’s (EU) Commissioner for agriculture, Mrs Mariann Fischer Boel.
She told Confectionary Production at her Brussels office that such quotas would inevitably mean higher prices with consequent damage for the Union’s sugar producers and for the industry, especially where they were set at a lower level than national consumptions.…
NUTS AFLATOXIN CONTAMINATION EU CONSUMER ALERT WARNING
BY KEITH NUTHALL
THE EUROPEAN Union’s (EU) rapid consumer alert service RASFF has warned of a spate of aflatoxin contamination in peanuts, groundnuts and hazelnuts from Turkey, Azerbaijan, Brazil and China, and in Turkish dried figs.
ENDS…
EU SUGAR REFORM MARKET REPORT - CAP
BY KEITH NUTHALL
DECEMBER 2005’s semi-successful World Trade Organisation (WTO) summit in Hong Kong means that the sacrifice forced upon the European Union’s (EU) well protected sugar sector the month before will – largely – be worth the pain. Unlike the previous big WTO meeting, in Cancun, Mexico, trade ministers did not leave in rancour having achieved little.…
MERCOSUR LABORATORY STANDARDS
BY KEITH NUTHALL
COSMETICS, perfume and personal hygiene companies in the Mercosur region of South America will have to stage annual health inspections of their manufacturing systems under a resolution agreed by member states Brazil, Argentina, Paraguay and Uruguay. These will have to demonstrate that companies are following prescribed Mercosur standards of good practice, with written reports being produced by in-house laboratories, detailing results and any reforms that are required.…
WTO SERVICES ROUND ANALYSIS
BY KEITH NUTHALL
THE INSURANCE industry will wait attentively for the responses due in May to formal requests made this week by the European Commission for its World Trade Organisation (WTO) partners to liberalise their financial sectors.
These notes were made within the WTO’s Doha Development Round’s talks on services, which are in technical terms more advanced than the other portions of the negotiations.…
BRAZIL WHITE SPOT
KEITH NUTHALL
THE OFFICE International des Épizooties (OIE), the world animal health organisation, has confirmed that white spot disease has been detected for the first time in Brazil, infecting Pacific white shrimp. The announcement follows investigations by the Brazilian agriculture ministry’s Department of Animal Protection into three outbreaks amongst fish farms in Santa Catarina state, southern Brazil.…
WTO SUMMIT HONG KONG - INDUSTRIAL GOODS SERVICES LIBERALISATION DOHA DEVELOPMENT ROUND
BY KEITH NUTHALL
AUTO manufacturing firms will be closely monitoring next week’s World Trade Organisation (WTO) summit in Hong Kong for signs that the WTO’s long-running Doha Development Round talks are about to crack open national automobile markets. Key auto industry countries – the US, the European Union, Canada, Japan, South Korea, India and Brazil – have been making steady progress this year in identifying non-tariff barriers to trade they would like to remove, such as burdensome customs procedures, technical engineering rules and licences.…
CHINA WATER ENVIRONMENTAL CONTROLS - POLLUTION REDUCTION - DRINKS MANUFACTURERS
BY TAMARA VANTROYEN, in Hong Kong
IT is not just a rumour anymore: China is officially upgrading its water quality, a move welcome to drinks manufacturers that rely on and control costs through guaranteed clean water supplies. China launched new drinking water standards in June, raising the number of forbidden water pollutants from 35 to 101.…
BYRD AMENDMENT
BY KEITH NUTHALL
THE EUROPEAN Union has been authorised by the World Trade Organisation (WTO) to impose retaliatory duties on US knitted products for failing to scrap its Byrd Amendment law allowing payments of anti-dumping and countervailing duties to American companies making complaints sparking such tariffs.…
KYOTO - BRAZIL
BY KEITH NUTHALL
THE CLEAN Development Mechanism (CDM), of the Kyoto Protocol has approved its first emissions trading project: the NovaGerar, landfill gas to energy project, Rio de Janeiro, Brazil. The Netherlands CDM Facility will buy 2.5 million tons of its CO2 emissions savings at Euro 3.35 a ton.…
COUNTERFEITED GOODS
BY KEITH NUTHALL
THE EUROPEAN Commission has identified three priority countries as sources of counterfeit cigarette and other tobacco goods as the focus of special diplomatic efforts to pressure their governments to deal with the problem. China, the Ukraine and Brazil will receive encouragement and advice from Brussels on fighting counterfeiting.…
EASTERN EUROPE FEATURETTE
BY MARK ROWE
CHOCOLATE sells in eastern Europe. One of the curiosities of the old Soviet Empire was that, even in the darkest days of rule by Stalin and Brezhnev, the USSR imported vast amounts of cocoa, simply because the Kremlin thought it was good for the masses.…
COUNTERFEITED GOODS
BY KEITH NUTHALL
THE EUROPEAN Commission has identified eight priority countries as sources of counterfeit goods as the focus of special diplomatic efforts to pressure their governments to deal with the problem. China, Thailand, the Ukraine, Russia, Brazil, Turkey, South Korea and Indonesia will receive encouragement and advice on fighting counterfeiting.…
KYOTO - BRAZIL
BY KEITH NUTHALL
THE CLEAN Development Mechanism (CDM), of the Kyoto Protocol has approved its first emissions trading project: the NovaGerar, landfill gas to energy project, Rio de Janeiro, Brazil. The Netherlands CDM Facility will buy 2.5 million tons of its CO2 emissions savings at Euro 3.35 a ton, totalling Euro 8.4 million.…
PET DUTY: ISRAEL/BRAZIL
BY KEITH NUTHALL
THE EUROPEAN Commission has asked the European Union (EU) Council of Ministers to extend definitive countervailing duties imposed on Indian exports to the EU of polyethylene terephthalate (PET) film to Brazil and Israel. Brussels fears that Brazilian and Israeli companies are being used as fronts to funnel PET into the EU market, evading the duties.…
MOZAMBIQUE COAL
BY KEITH NUTHALL
A CONSORTIUM headed by Brazil’s Companhia Vale do Rio Doce (CVRD) has been chosen by the World Bank’s International Finance Corporation to exploit the Moatize Coal Deposit in Tete Province, Mozambique. It had bid US$122.8 million to explore and mine 21 million tonnes annually.…
BYRD AMENDMENT
KEITH NUTHALL
THE EUROPEAN Union has been authorised by the World Trade Organisation (WTO) to impose retaliatory duties on US textile products for failing to scrap its Byrd Amendment law allowing payments of anti-dumping and countervailing duties to American companies making complaints sparking such tariffs.…
FISCHER-BOEL HEARING
BY DAVID HAWORTH, in Brussels
THE EUROPEAN Union’s (EU) incoming agriculture Commissioner signalled a tough approach to New World wine and spirit producers who exploit traditional European geographic names on wine products after she takes up her post on November 1.…
SUGAR THINK PIECE
BY ALAN OSBORN
IT’S not quite “back to the drawing board chaps” for sugar reform in the European Union (EU) now that the World Trade Organisation (WTO) has formally ruled against the present system but some new thinking is surely needed – and quickly.…
ICAO AIR FUEL
BY KEITH NUTHALL
THE INTERNATIONAL Civil Aviation Organisation (ICAO) has rejected European Union (EU) calls for countries to have the right to impose aviation fuel taxes on all airlines operating within their territories. ICAO’s general assembly listened to opposition from the US, China, Brazil and Russia, postponing any decision until 2007, at the earliest.…
SUGAR RULING
BY KEITH NUTHALL
THE EU has appealed against a WTO ruling that its sugar exporters are getting more subsidies that they should under global trade rules. However, the ruling, now confirmed by the WTO, could help the European Commission push its reforms of the EU sugar common market organisation onto unwilling member states.…
PET DUTY: ISRAEL/BRAZIL
KEITH NUTHALL
THE EUROPEAN Commission (EC) has asked the European Union (EU) Council of Ministers to extend definitive countervailing duties imposed on Indian exports to the EU of polyethylene terephthalate (PET) film to Brazil and Israel. Brussels fears that Brazilian and Israeli companies are being used as fronts to funnel PET into the EU market, evading the duties.…
ISO - CSR
BY KEITH NUTHALL
THE INTERNATIONAL Organisation for Standardisation (ISO) has launched work to create a global standard for corporate social responsibility, giving the Brazilian and Swedish governments the task of piloting the development of these guidelines. Detailed proposals will be shortly issued by ISO, launching three months of debates before preliminary decisions on their scope and content can be made.…
CREATIVE INDUSTRIES
BY KEITH NUTHALL
BRAZIL and the UN Conference on Trade and Development (UNCTAD) are setting up an International Forum on Creative Industries. Based in Brazil, it will help developing countries generate wealth from creative industries, such as the recording, photography, commercial art, music production and films.…
BRAZIL TESTS
BY KEITH NUTHALL
THE EUROPEAN Commission has lifted a remaining requirement for 20% of Brazilian poultry meat exports into the European Union (EU) to be tested for residues of nitrofuran antibiotics.…
BRAZIL TESTS
BY KEITH NUTHALL
THE EUROPEAN Commission has lifted a remaining requirement for 20% of Brazilian poultry meat exports into the European Union (EU) to be tested for residues of nitrofuran antibiotics. All such cargoes had been tested after October 2002, with the proportion eased to 20% this March following improvements in Brazilian production standards.…
USA COTTON RULING
BY KEITH NUTHALL
THE AMERICAN government is going into overdrive to challenge a World Trade Organisation (WTO) panel ruling that some of its cotton production subsidies and export subsidies illegally break global commerce rules. Washington has already announced an appeal against the decision on a complaint from Brazil that US subsidies have depressed global prices and enabled American exporters to unfairly elbow out competitors.…
SUGAR SUBSIDIES
BY KEITH NUTHALL
EUROPEAN Commission arguments backing its proposed reform of the EU sugar regime have been strengthened by an interim decision by the World Trade Organisation that EU subsidies to the sugar sector are illegal. The claim was brought by Brazil, Thailand and Australia.…
WTO SUGAR
BY KEITH NUTHALL
EUROPEAN Commission arguments backing its proposed reform of the European Union (EU) sugar regime have been strengthened by an interim decision by the World Trade Organisation that existing EU subsidies to the sugar sector are illegal. The claim was brought by Brazil, Thailand and Australia.…
NAFTA CANADA
BY KEITH NUTHALL
COUNTERVAILING and antidumping duties imposed by the United States on Canadian exports of carbon and certain alloy steel wire rod have been undermined by a strongly critical ruling a North American Free Trade Agreement (NAFTA) panel.
US International Trade Commission (ITC) inquiries leading to the tariffs’ imposition in 2002 were challenged by Canada’s Ivaco Inc and Ivaco Rolling Mills Inc.…
SUGAR RULING
BY KEITH NUTHALL
A WTO disputes panel has ruled that EU sugar subsidies break global trade rules, although the European Commission is expected to appeal. The case was brought by Brazil, Thailand and Australia and the ruling follows the announcement of reforms to the EU’s sugar market system.…
IFC BRAZIL
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, will provide up to US$90 million in financing to Comgás, Brazil’s largest piped natural gas distributor. The loan help the company expand and upgrade its distribution network, making gas available to 70,000 new customers in five years, and 200,000 in 10.…
EU ROUND UP
BY KEITH NUTHALL
THE ENERGY portfolio at the European Commission is being downgraded this November with the departure of Spain’s Loyola de Palacio, a vice-president as well as an energy commissioner. Hungary’s foreign minister László Kovacs – who will be a standard commissioner without the transport portfolio also commanded by De Palacio – is replacing her.…
US SUGAR QUOTAS
BY KEITH NUTHALL
THE DOMINICAN Republic heads the list of countries granted low rate tariff quotas by the USA for sugar and sugar-containing product imports made in 2004-5. It has been allocated a 185,335 tonne quota, followed by Brazil with 152,691 tonnes and Philippines, 142,160.…
UN UNDERSEA REPORT
BY KEITH NUTHALL
THE FEEDING of rare and exotic marine species off deep ocean mineral deposits that may become a target for mining companies could create a conflict between international mineral extraction and environmental conventions, a United Nations report has warned.…
UN UNDERSEA REPORT - EXPLORATION
BY KEITH NUTHALL
THE FEEDING of rare and exotic marine species off deep ocean mineral deposits that may become a target for metal mining companies could create a conflict between international mineral extraction and environmental conventions, a United Nations report has warned.…
WHO NO-TOBACCO REPORT
BY KEITH NUTHALL
LAUNCHING 2004’s No Tobacco Day, the World Health Organisation has released figures claiming that people with less education tend to consume more tobacco. It cited a study in Rio de Janeiro, Brazil, concluding 26 per cent of people with four or less years of schooling smoke, compared with a 17 per cent of those with nine or more years.…
ATC PHASE OUT ATTACK
BY KEITH NUTHALL
AN ATTACK has been made on the United States, European Union (EU), and other textile importing jurisdictions for waiting until the last minute to abolish most restrictive quotas under the World Trade Organisation’s (WTO) Agreement on Textile and Clothing.…
USA MONEY LAUNDERING REPORT
BY KEITH NUTHALL
NOBODY likes to be on a blacklist, especially one written by the American government. But every year, the US state department issues a comprehensive rogues gallery of countries involved in the narcotics trade and related criminal problems. One surprising entrant: the United States.…
FAO BREEDS DECLINE
BY KEITH NUTHALL
THE UNITED Nations Food & Agricultural Organisation (FAO) has warned that the number of domesticated livestock breeds worldwide is declining sharply, with 1,350 of the roughly 6,300 FAO registered breeds threatened by extinction or already extinct. The problem has been discussed by a special FAO meeting of national coordinators on animal genetic resources, which is developing a global plan to halt their disappearance.…
BRAZIL/CYPRUS
BY KEITH NUTHALL
THE OFFICE International des Épizooties (OIE), the world animal health organisation, has reported outbreaks of blue tongue disease amongst sheep in Cyprus and scrapie in Brazilian flocks. The Cypriot outbreak has hit six flocks and involved 71 cases, almost entirely amongst females.…
CHINA PACKAGING FEATURE
BY EDWARD PETERS
THE PAST decade has seen China grasp an increasing share of the world’s cosmetic packaging industry. Low production prices and international manufacturing standards — to say nothing of an increasing appreciation of the beauty business — have all contributed to the People’s Republic upping its packaging profile.…
ANTI-DUMPING - BRAZIL
BY KEITH NUTHALL
THE EUROPEAN Union (EU) has corrected its anti-dumping duty on malleable cast iron tube or pipe fittings from Brazil, reducing the rate from 34.8 to 32 per cent. The move by the EU Council of Ministers follows a ruling last year by the World Trade Organisation (WTO) that the European Commission had erred when calculating the original duty (erected in 2000).…
BRAZIL CHECKS
BY KEITH NUTHALL
THE EUROPEAN Union is ordering a reduction from 100 to 20 per cent in the frequency of checks on poultry and poultry meat from Brazil to detect residues of the banned anti-biotic nitrofuran. Blanket inspections have been held since October 2002, after the drug was found in Brazilian poultry, but none has been discovered since August 2003.…
FREE TRADE
BY PHILIP FINE
TRADE Ministers at recent Free Trade Area of the Americas meetings have failed to strike an agreement that slashes north and south American food tariffs and subsidies. No deadlines were set to solve this rancorous issue, with the United States and Brazil opting for a solution to be struck at the World Trade Organisation’s Doha Development Round.…
FTAA TALKS HIT SNAG
BY PHILIP FINE
THE GOVERNMENTS of 34 countries from the Americas will be struggling today (Wed19/11) to come to a draft trade agreement, much of which centres on agricultural subsidies. The Free Trade Area of the Americas meeting being held in Miami has seen two competing camps vying for control.…
ASBESTOS BLACKLIST
BY KEITH NUTHALL
ALL but one of the commonly used forms of asbestos have been added to a United Nations blacklist, enabling countries to block further imports without being challenged in global tribunals such as the World Trade Organisation. Amosite, actinolite, anthophyllite and tremolite were added to the Rotterdam Convention Prior Informed Consent (PIC) list by an intergovernmental negotiating committee, meeting in Geneva, Switzerland.…
ANGOLA - DE BEERS
BY RICHARD HURST
ANGOLA’S state diamond company Endiama has claimed a victory over De Beers in arbitration regarding a row that forced the South African diamond mining company to suspend Angolan operations since May 2001. De Beers had wanted its US$31 million investment in Angola returned with interest.…
BRAZIL V EU - WTO
BY KEITH NUTHALL
THE BRAZILIAN government has requested that a World Trade Organisation disputes panel arbitrates over a row with the European Union regarding the customs classification of imported frozen boneless chicken cuts from Brazil. In the past, where they had a salt content over 1.2 per cent, they were classified as salted meat.…
TOBACCO SUBSIDIES FEATURE
BY ALAN OSBORN
THE EUROPEAN Commission’s (EC) proposals for the EU tobacco regime, published in detail last month (September), essentially recognise that subsidised tobacco growing in Europe on any significant scale is now coming to an end. If these plans are put in place it seems likely that in little more than three years’ time the only tobacco grown in the EU will be to serve small niche markets.…
DRINKS INDUSTRY ASSOCIATIONS
BY KEITH NUTHALL in Paris, ALAN OSBORN in London, MARK ROWE in Singapore, ED PETERS and DON GASPER in Hong Kong, RICHARD HURST in Johannesburg, MONICA DOBIE and PHILIP FINE in Montreal, MATTHEW BRACE in Brisbane and ALEX SMAILES in Port of Spain.…
TOURISM DAMAGE - GREENWATCH
BY KEITH NUTHALL
TOURISM once was regarded as a key to the developing world’s ills, allowing poor countries to make money out of their natural landscape and cultural attractions, but as with most success stories, there is a downside. In some countries, tourism has boomed so suddenly and aggressively, the development it has sparked has threatened to go out of control, spoiling the delights that lured tourists in the first place and creating a host of new environmental problems for governments to deal with.…
TOURISM DAMAGE - GREENWATCH
BY KEITH NUTHALL
IN 1995, when I visited the Laos capital Vientiane, it was a sleepy place; a quiet low rise French colonial town on the banks of the Mekong, a listless, aimless, but charming mix of Soviet-style socialist monuments, Buddhist temples and Provencal town houses.…
SUGAR PANEL CREATED
BY KEITH NUTHALL
A DISPUTE proceedings panel has now been established at the World Trade Organisation to rule on the legality of the European Union’s sugar export subsidies. Australia, Brazil and Thailand allege the handouts break world trade laws. Barbados, Canada, China, Colombia, Jamaica, Mauritius, New Zealand, Trinidad and Tobago and the US reserved their right to participate.…
USA SUGAR QUOTAS
BY KEITH NUTHALL
THE DOMINICAN Republic, Brazil and the Philippines are the key beneficiaries of the latest low tariff import quotas for sugar unveiled by the United States Trade Representative. Out of a total low duty quota for 2003-4 of 1,117,195 metric tonnes, the Dominican Republic commands 185,335 tonnes, Brazil 152,691 and the Philippines 142,160.…
ANGLO-GOLD
BY RICHARD HURST
SOUTH African mining company AngloGold recently announced that it was seeking to divest from some of its Australian gold fields to continue other diversification efforts outside South Africa. AngloGold Australia ‘s general manager, Barrie Parker, said that the company’s current properties in the central Australian Tanami Desert, particularly the Coyote deposit, had been earmarked for sale in to raise money for AngloGold’s recent explorations in Ghana, Mongolia, Canada and South America.…
SUGAR PANEL CREATED
BY KEITH NUTHALL
A DISPUTE proceedings panel has now been established at the World Trade Organisation to rule on the legality of the European Union’s sugar export subsidies. Australia, Brazil and Thailand allege the handouts break world trade laws. Barbados, Canada, China, Colombia, Jamaica, Mauritius, New Zealand, Trinidad and Tobago and the US reserved their right to participate.…
USA SUGAR QUOTAS
BY KEITH NUTHALL
THE DOMINICAN Republic, Brazil and the Philippines are the key beneficiaries of the latest low tariff import quotas for sugar unveiled by the United States Trade Representative. Out of a total low duty quota for 2003-4 of 1,117,195 metric tonnes, the Dominican Republic commands 185,335 tonnes, Brazil 152,691 and the Philippines 142,160.…
SOUTH AFRICA PIECE
BY RICHARD HURST
THE SOUTH African tobacco sector is surviving despite the unfavourable conditions imposed by its government and an increasingly hostile marketing environment. Nonetheless, the industry contributes Rand 5.5 billion in excise and tax to the government exchequer, equivalent to a quarter of the nation’s health care expenditure.…
EU - WTO SUGAR CASE CLAIM
BY KEITH NUTHALL
THE EUROPEAN Commission is opposing the launch of a WTO case by Brazil, Australia and Thailand against EU sugar subsidies, claiming that the a successful challenge would undermine the trade preferences given to Europe’s sugar imports from poorer African, Pacific and Caribbean.…
EU - WTO SUGAR CASE CLAIM
BY KEITH NUTHALL
THE EUROPEAN Commission is opposing the launch of a WTO case by Brazil, Australia and Thailand against EU sugar subsidies, claiming a successful challenge would undermine trade preferences given to Europe’s sugar imports from poorer African, Pacific and Caribbean.…
EU-BRAZIL WTO
BY KEITH NUTHALL
THE BRAZILIAN government has largely failed to secure a tougher ruling at the World Trade Organisation’s appellate body against the European Union’s anti-dumping duties on malleable cast iron tube or pipe fittings from Brazil. In its initial ruling, a WTO disputes panel found that the EU had erred in two technical ways regarding the setting of the duties, but Brazil appealed, asking the appellate body to declare the duties broke world trade laws more comprehensively.…
BRAZIL TAKEOVER
BY KEITH NUTHALL
THE EUROPEAN Commission has authorised a deal involving the merger of two key Brazilian suppliers of iron ore into the European Union market. It has approved the proposed acquisition by CVRD (Companhia Vale do Rio Doce) of sole control of Caemi, which it currently shares with Japanese iron ore trader Mitsui.…
FOSSIL FUEL SEQUESTRATION
BY KEITH NUTHALL
THE STORAGE of CO2 deep underground in uneconomic coal seams is one key option being considered by the (carbon) Sequestration Leadership Forum, which has just been joined by the European Commission. Other members are Australia, Brazil, Canada, Colombia, Italy, India, Japan, Mexico, Norway, China, Russia, Britain and the US.…
FOSSIL FUEL SEQUESTRATION
BY KEITH NUTHALL
THE EUROPEAN Commission has signed an international charter on the capture and storage deep underground of carbon dioxide, also involving Australia, Brazil, Canada, Colombia, Italy, India, Japan, Mexico, Norway, China, Russia, Britain and the US. This Sequestration Leadership Forum is developing schemes to capturing CO2 at source and storing it for thousands of years deep underground, probably in depleted oil and gas wells, with the aim of reducing greenhouse gas emissions.…
MOODIES REPORT
BY KEITH NUTHALL
ALTHOUGH air traveller numbers fell last year, with the civil aviation industry still reeling from September 11, the global travel retail market for perfumery and cosmetics grew by 7.2 per cent last year, the strongest performer of all duty-free shop goods.…
RUSSIA - BRAZIL
BY MARK ROWE
RUSSIA is to resume imports of Brazilian boneless beef and pork. Russia, a major new market for Brazilian beef exporters, banned purchases from Brazil last December because of concerns over the disease bovine vesicular stomatitis. Brazil says the export herds have been free of the disease for at least one year.…
SUGAR EXPORTS
BY MARK ROWE
THE FIRST meeting of the world’s five largest sugar exporters has agreed to co-ordinate efforts to boost prices in the commodity’s international market from current record lows. Meeting in Bangkok, representatives of Thailand, Australia, Brazil, South Africa and Guatemala agreed to speed up co-operation and seek to lift world prices without raising domestic retail prices.…
BRAZIL - COCUNUTS
BY KEITH NUTHALL
BRAZIL has extended its safeguard duty regime against imports of shelled and shredded dried coconuts, imposing it on Malaysian exports. The south-east Asian country had previously been exempt, along with 87 other developing countries said a note to the World Trade Organisation.…
EU - WTO SUGAR CASE CLAIM
BY KEITH NUTHALL
THE EUROPEAN Commission is opposing the launch of a WTO case by Brazil, Australia and Thailand against EU sugar subsidies, claiming a successful challenge would undermine trade preferences given to Europe’s sugar imports from poorer African, Pacific and Caribbean.…
SUGAR EXPORTS
BY MARK ROWE
THE FIRST meeting of the world’s five largest sugar exporters has agreed to co-ordinate efforts to boost prices in the commodity’s international market from current record lows. Meeting in Bangkok, representatives of Thailand, Australia, Brazil, South Africa and Guatemala agreed to speed up co-operation and seek to lift world prices without raising domestic retail prices.…
BRAZIL - COCUNUTS
BY KEITH NUTHALL
BRAZIL has extended its safeguard duty regime against imports of shelled and shredded dried coconuts, imposing it on Malaysian exports. The south-east Asian country had previously been exempt, along with 87 other developing countries said a note to the World Trade Organisation.…
MILLENNIUM EDUCATION GOALS
BY KEITH NUTHALL
AS with many projects inspired by the start of the next 997 years and the last three, the framing of the United Nations’ (UN) Millennium Development Goals was an ambitious enterprise.
Imposing statistically measurable targets for international organisations and national governments in making improvements in global poverty, education, gender equality, health, the environment and education, they have proved tough to attain.…
BRAZIL SAFEGUARD
BY KEITH NUTHALL
TEMPORARY safeguard measures protecting Brazilian producers of dried coconuts, (shelled and shredded), have been imposed on imports into Brazil of this confectionary ingredient from the Ivory Coast and Indonesia. These countries supply 4.67 per cent and 59.49 per cent of dried coconut imports into Brazil respectively, said a note to the World Trade Organisation.…
CORRUPTION PAPERS
BY KEITH NUTHALL
A PHD in rocket science is not required to understand that corruption is a problem worldwide. But such a qualification – and more – would be required to devise an effective plan to fight this financial plague. The United Nations’ (UN) is drafting an international convention on corruption and asked a string of experts to write reports to illuminate some issues.…
BRAZIL-USA - WTO
BY KEITH NUTHALL
THE UNITED States has delayed the establishment of a disputes panel at the World Trade Organisation over Brazil’s complaint about American government subsidies to producers, users and exporters of upland cotton. Washington formally opposed Brazil’s bid to create a panel at a meeting of the WTO disputes settlement body, forcing the Brazilians to make a second application, if they want the case to go ahead.…
DOHA ROUND - US
BY PHILIP FINE
THE UNITED States has offered several trading partners a complete elimination within five years of the tariffs it currently places on textile and apparel imports. US Trade Representative Robert B. Zoellick announced the decision as part of its first offer for the proposed Free Trade Area of the Americas, a trading bloc of the western hemispheric countries (Cuba excluded).…
INDIAN LEATHER FAIR
BY SWINEETHA DIAS WICKRAMANAYAKA
INDIA’S four-day 18th International Leather Fair, in Chennai (Madras), this month (Feb) concluded INDRupees 5,090 million (US$106.8 million) worth of business, said its organisers. Staged at the Chennai Trade Centre, it attracted more than 8,000 visitors, said the Indian Trade Promotion Organisation, of whom five per cent were from abroad, including representatives from 20 countries, notably from Italy, Germany, Spain, Brazil and China.…
CARBON FACILITY DEAL
BY KEITH NUTHALL
BRAZILIAN steel producer V&M do Brazil has struck the largest deal to date under the Kyoto Protocol Clean Development Mechanism. It will see the steel maker selling five million tonnes of greenhouse gas reductions for Euro 15 million to an International Finance Corporation/Dutch government fund, the IFC-Netherlands Carbon Facility.…
PIPE DUTY REVIEW
BY KEITH NUTHALL
THE EUROPEAN Commission has abandoned a review of European Union (EU) anti-dumping duties imposed on imports of threaded malleable cast-iron tube or pipe fittings from Brazil, the Czech Republic, Japan, China, South Korea and Thailand, after affected exporters failed to assist Brussels its investigators.…
ANALYSIS
BY KEITH NUTHALL
THE BETS are off over whether the new code on maritime safety and security agreed by the International Maritime Organisation this month will actually allow insurance companies to reduce the premiums that they charge shipping companies and ports.…
SHIP SECURITY CODE
BY KEITH NUTHALL, PHILIP FINE and ALAN OSBORN
THE NEW International Code for the Security of Ships and Port Facilities, agreed by an International Maritime Organisation (IMO) Diplomatic Conference, held in London, aims at reducing the industry’s exposure to terrorist attacks and resulting damage.…
CANADA-BRAZIL-USA - WTO
KEITH NUTHALL
CANADA has joined formal World Trade Organisation (WTO) disputes talks initiated by Brazil against the United States regarding American government subsidies to producers, users and exporters of upland cotton. The Brazilians claim that these payments break the WTO’s Agreement on Subsidies and Countervailing Measures, Agreement on Agriculture, and General Agreement on Tariffs and Trade (GATT).…
FLORIDA TAX
BY KEITH NUTHALL
THE WTO has established a disputes settlement panel to examine Brazil’s complaint about Florida’s “equalizing tax” on imported processed orange and grapefruit products.…
BRAZIL - IFC
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC) of the World Bank is lending US$30 million to Brazilian footwear producer Sao Paulo Alpargatas S.A. (SPASA), to finance its on-going investment programme, modernising production facilities and increasing capacity. The company has been identified by the IFC as a company that would effectively use such finance; since 1997, it has improved performance and market position by upgrading product quality and lowering costs, notably through new manufacturing technologies and relocating production facilities to the impoverished north-east of Brazil, an area which the World Bank wants to help develop.…
BRAZIL
BY ALAN OSBORN
THE EUROPEAN Union is to remove all textile import quotas applied to Brazil under a
Memorandum of Understanding signed between the two sides this month (November). In return, Brazil will respect maximum tariff levels, refrain from applying non-tariff barriers to EU exports, and discontinue the application of an additional tax on textile and clothing imports.…
KUAT
BY PHILIP FINE
COCA-COLA is trying out a popular Brazilian drink on US consumers. Earlier this month, Coke began selling Kuat, (pronounced "kwatch"), a guarana-flavoured drink, as a test marketing exercise in Texas, Florida and in parts of the US eastern seaboard’s mid-Atlantic region.…
WTO EXPORT SUBSIDIES
BY KEITH NUTHALL
THE EUROPEAN Union (EU) is facing a mass attack on its sugar export subsidies at the World Trade Organisation (WTO). They have been formally challenged by both Australia and Brazil, with the Ivory Coast, Congo, Madagascar, Columbia, Canada, Kenya, Barbados, India, Zimbabwe, Malawi, Jamaica, Swaziland, Fiji, Guyana and Mauritius expected to line up behind them in support.…
BRAZIL - EU
BY KEITH NUTHALL
EU ministers are expected next month (October) to approve a textiles trade deal struck between Brazil and the European Commission. It removes quota restrictions on the amount of clothing that Brazil can export to the EU. Brazil will freeze its tariff levels on EU clothing exports and not introduce new non-tariff trade barriers for the sector.…
BRAZIL POULTRY
BY KEITH NUTHALL
THE EUROPEAN Union’s EU Standing Committee on the Food Chain and Animal Health has recommended that systematic testing for antibiotic residues should be introduced for all imports of Brazilian poultry meat, products and preparations, after checks revealed that cargoes have been contaminated with restricted nitrofurans.…
BRAZIL - EU
Keith Nuthall
BRAZIL and the European Commission have agreed a Memorandum of
Understanding paving the way for a formal textile trading agreement which, says Brussels, “significantly improves access for textile products on each other’s markets.” The deal removes the quotas on Brazil’s textiles and clothing exports to the EU.…
BRAZIL-ISRAEL
BY KEITH NUTHALL
THE ISRAELI Foreign Trade Risks Insurance Corporation has reinsured US$53 million of US$83.5 million in guarantees posted by the Multilateral Investment Guarantee Agency (MIGA) of the World Bank. The security covers Israeli telecommunications company ECI Telecom’s investment in Brazilian company Global Village Telecom Ltda, which wants to construct and operate wireless telephone networks in Brazil.…
SPS COMMITTEE
BY KEITH NUTHALL
SWITZERLAND has complained to a key World Trade Organisation committee that its beef imports are being unfairly restricted by the USA because of concerns that they are contaminated with BSE. It has claimed at the WTO Sanitary and Phytosanitary Measures Committee that the US should not, for example, be insisting on the onsite inspection of Swiss meat plants, because the Office International des Épizooties has classified Switzerland as having a low incidence the disease.…
LEAF DIRECTOR
BY ALAN OSBORN
CIGARETTES have changed a great deal in recent years though not all smokers may realise by just how much. Once it was commonplace to roll your own, using local tobaccos. Today the market is dominated by filters and international brands, many of them ranking among the world’s best-known consumer products.…
SUGAR PRICES
BY MARK ROWE and RICHARD HURST
WORLD sugar prices are heading for a three-year low and are projected to fall below six US cents a pound as a result of record harvests in a number of countries, particularly in Brazil, which is accused of “over-production.”…
JEWELL INTERVIEW
BY KEITH NUTHALL
EVERY minute of every day a million smokers light up a cigarette made by BAT and the company’s goal is that every one of them is perfect. How does BAT manage this, and at the same time meet its production, technical and environmental challenges when operations are on such a colossal scale ?…
CHILD LABOUR
BTY MARK ROWE
THE TOBACCO industry has not been exempt from the problem of young children working in developing countries. But in the past 12 months BAT has taken significant steps to address the question of child labour. Earlier this year it helped launch the Elimination of Child Labour in Tobacco Growing Foundation, which supports community-based initiatives to address the issue.…
BAT HISTORY
BY ALAN OSBORN
1902-1912
British American Tobacco was created on September 29th 1902 as a joint venture between Imperial Tobacco Company of the UK and the American Tobacco Company of the US following a fierce trade war. The parent companies agreed not to trade in each other’s domestic territory and to assign trademarks, export businesses and overseas subsidiaries to the joint venture.…
WTO ROUND CONFERENCE
BY MARK ROWE
IT may have taken riots in Seattle and Genoa but the World Trade Organisation has finally come out all compassionate. The theory is simple. Most of the world’s poor are in developing nations. Many of those in greatest poverty are farmers.…
BRAZIL - PIRELLI
BY MONICA DOBIE
Tyre producer, Pirelli Pneus SA, a subsidiary of Italy’s Pirelli SpA, is likely to receive financial assistance from the European Investment Bank to help the company flourish in the South American market.
The bank has drawn up plans to lend the company Euro 44 million to modernise and extend an existing plant in Feira de Santana, in Bahia Brazil, to produce radial tyres for light vehicles.…
TMB MEETING
KEITH NUTHALL
JAPAN has been criticised by the Textile Monitoring Body of the World Trade Organisation for failing to establish new liberalised quotas for imports of Chinese silk yarn and fabric by the start of this financial year. In a paper issued at a recent meeting, the TMB said that it was “particularly concerned” at the omission, and said that in future it expected to be “informed by Japan as soon as possible on the timing of the annual consultations between Japan and China, as well as on the trade levels to be determined for both silk yarn and silk fabric for the Japanese fiscal year 2002.”…
PORTUGUESE SPEAKERS
BY KEITH NUTHALL
EXPORT assistance will be given to Lusophone countries by the World Intellectual Property Organisation to help them establish collective copyright management societies. It is part of cooperation deal signed between WIPO and Community of Portuguese-Speaking Countries, whose members are Angola, Brazil, Cape Verde, East Timor, Guinea Bissau, Mozambique, Portugal, and Sao Tome and Principe.…
CHINA WTO
BY KEITH NUTHALL
CHINA has sought to allay fears that it is dragging its feet over the implementation of liberalisation commitments it made when it was admitted into the World Trade Organisation. It has released explanatory notes to the European Union and Canada, who have raised concerns over the opening of textile import quotas.…
CHINA WTO
Keith Nuthall
CHINA has sought to allay fears that it is dragging its feet over the implementation of liberalisation commitments it made when it was admitted into the World Trade Organisation. It has released explanatory notes to the European Union and Canada, who have raised concerns over the opening of textile import quotas.…
CHINA - WTO
BY KEITH NUTHALL
THE EUROPEAN Union has “expressed concern” and “disappointment” over China’s failure to met a January 1 deadline to establish low duty tariff quotas for imports of sugar, palm oil and some other commodities under the terms of its accession to the World Trade Organisation.…
CHINA WTO
BY KEITH NUTHALL
CHINA has admitted that it has encountered “unexpected difficulties” in setting up low duty import tariffs for wool and cotton. The EU, Argentina, Malaysia and Brazil have said at the WTO’s agriculture committee that while they “understood China’s problems,” they “were also disappointed,” that the January 1 deadline for establishing the quotas was missed.…
TAIWAN/CHINA
Keith Nuthall
THE CANADIAN government has sought to dispel fears that it has unfairly retained trade restrictions on textile and clothing imports from China and Taiwan following last year’s decision to allow them to join the World Trade Organisation. In two letters to the WTO’s Textile Monitoring Bureau, Ottawa has claimed that remaining “quantitative restraints” comply with the two new members’ accession deals and the Agreement on Textiles and Clothing.…
SMIRNOFF ICE CASE
BY PHILIP FINE
GUINNESS UDV is facing federal regulatory scrutiny in the United States after a competitor complained that its Smirnoff Ice TM malt based product misleads consumers, because in the US, it does not contain vodka; the New York State advertising industry’s self-regulatory apparatus has now referred the matter to the US Federal Trade Commission and the Bureau of Alcohol, Tobacco and Firearms after Guinness refused to take part in the review.…
FLORIDA TAX
BY KEITH NUTHALL
THE WTO has established a disputes settlement panel to examine Brazil’s complaint about Florida’s “equalizing tax” on imported processed orange and grapefruit products.…
BRAZIL
BY KEITH NUTHALL
THE EUROPEAN Investment Bank is lending Euro 58 million, (US$50 million), to Vega do Sul S.A., to build a cold-rolling and hot-dip galvanizing plant in São Fernando do Sul, in the state of Santa Catarina, in southern Brazil.…
BRAZIL SILICON METAL
BY KEITH NUTHALL
BRAZIL has requested formal talks with the United States at the World Trade Organisation to pressure Washington into lifting anti-dumping duties that it has imposed on Brazilian exports of silicon metal.
These were imposed in 1991 and include metal produced by the Companhia Brasileira Carbureto de Cálcio, (CBCC); it has regularly participated in annual administrative reviews of its dumping margin, applying the duties to be scrapped.…
MONTREAL PROTOCOL LATEST
BY KEITH NUTHALL
A HIGH-LEVEL meeting of the Montreal Protocol controlling ozone-depleting chemicals has reviewed data on the use of CFC’s by developing countries, concluding that while most are in compliance, 25 of 136 had increased their consumption in 1999.
Participants from more than 100 countries took part in the meeting, in Sri Lanka, the latest in a regular schedule which makes THE protocol a dynamic and constantly-changing system of global regulation, rather than a static treaty that could become outdated.…
KRAFT BRAZIL
BY MONICA DOBIE
AMERICA’S Kraft Foods Inc. has agreed to sell its Pilar biscuit business in Brazil, to two undisclosed privately held companies in the country, as part of a Latin American restructuring programme that will include three plant closures and 500 job cuts.…
TERROR MONEY LAUNDERING
BY KEITH NUTHALL
IT was telling that the first step taken by President Bush against Islamic terror groups following the World Trade Centre disaster was to freeze bank accounts. The international community has now responded by agreeing common controls to stop terror groups laundering funds.…
EU ROUND UP
BY KEITH NUTHALL
THE EUROPEAN Commission has launched a series of legal proceedings against EU Member States, which it claims have broken oil-related directives.
It has decided to take Italy to the European Court of Justice over its special tax on engine lubrication oils, which Brussels claims contravenes EU excise duty laws.…
BRAZIL V USA
BY KEITH NUTHALL
BRAZIL and the USA have struck a deal over the licensing of generic drugs, which should see an end to the looming World Trade Organisation dispute between the two countries, brought by the American government.
The Brazilian government have agreed to consult the US, if in the future it thinks that it might have to use its Article 68 law to a grant compulsory licence on patents held by US companies.…
COMMODITIES REPORT
BY KEITH NUTHALL
THE COLLAPSE in world cocoa prices, at a time when its national market has been liberalised, has left policy makers with the difficult task of reinventing financial protection for its producers, a UN World Commodity Survey 2000-2001 has concluded.…
TRIPS COUNCIL
BY KEITH NUTHALL
A GROUP of developing countries has said that progress towards creating differential pricing arrangements for pharmaceuticals should not undermine the right of their governments to authorise the emergency production of drugs, as well as parallel imports of low cost lines.…
MOLSON SHARE PRICE
BY MONICA DOBIE, in Montreal
MOLSON shareholders were given good tidings at an annual shareholders meeting in Montreal, where it was reported that the Canadian beer giant made profits of CAN$133.9 million for the year ended in March, compared to a loss of CAN$44 million last year.…
EIB VOLKSWAGEN
BY MONICA DOBIE
THE EUROPEAN Investment Bank (EIB) has announced that it is lending US$40 million to Volkswagen Argentina S.A., a subsidiary of Volkswagen AG, to support investment for the production of gearboxes for passenger cars in its plant located in Cordoba, Argentina.…
BRAZIL
KEITH NUTHALL
THE EUROPEAN Commission is investigating whether Brazil has failed to stick to a promise to scrap a minumum-price regime on certain textile products, which had restricted the amount of EU exports that could enter its market.
World Trade Organisation disputes proceedings had been launched by Brussels because of the problem, which especially affected ‘home textiles,’ such as mattress ticking, carpets and rugs, with Belgian and Spanish producers being the hardest hit.…
INDIA JUTE
KEITH NUTHALL
INDIA has launched formal talks at the World Trade Organisation over the imposition by Brazil of anti-dumping duties on its exports of jute bags, which New Delhi claims were erected in contravention of WTO rules.…
FAO - FOREST FIRES
BY KEITH NUTHALL
AN INTERNATIONAL action plan to fight forest fires is being drawn up with the assistance of the UN Food and Agricultural Organisation. Experts from Australia, Brazil, Canada, Denmark, Ethiopia, Germany, Greece, Italy, Malaysia, Mexico, South Africa, Spain, Turkey and USA have been discussing proposals for a system involving mutual assistance and coordinated approaches to forest fire management.…
GUARD CAR REVIEW
BY KATE REW
S500 Mercedes ‘Guard’
Pluses: Unlike competitors it’s built from outset as armoured car – although
it doesn’t look like one.
Minuses: Are you really in enough danger to justify spending Pounds 130,000, (US$150K in the US), on this when you could be spending it on a yacht?…
AZURIX
BY MIKE FOX
AZURIX, the troubled water subsidiary of the giant energy company Enron, has confirmed that it would like to sell its north American water interests.
Azurix has a company policy of not commenting on its plans for acquisitions or divestments, but the potential sale of its north American subsidiary was revealed when it put in a bid to develop a US$150million water treatment plant that would eventually form part of a US$2billion distribution system in Houston Texas, home to the corporate headquarters of both companies.…
BSE ASSESSMENT
BY KEITH NUTHALL
THE EU’s Scientific Steering Committee has advised that it is “likely” that BSE is present in cattle herds in Albania, Cyprus, the Czech Republic, Estonia, Hungary, Poland and Slovakia, that it is “unlikely” to be present in India, Pakistan, Colombia and Mauritius, and “highly unlikely” to be in the cattle of Brazil and Singapore.…
BRAZIL
KEITH NUTHALL
THE UNITED States has launched disputes proceedings against Brazil at the World Trade Organisation, complaining that the Latin American country’s patent laws allow local drug companies to copy US-patented pharmaceuticals, in contravention of the Agreement on Trade Related Intellectual Property Rights (TRIPS).…
BRAZIL
BY KEITH NUTHALL
THE UNITED States has launched disputes proceedings against Brazil at the World Trade Organisation, complaining that the Latin American country’s patent laws allow local drug companies to copy US-patented pharmaceuticals, in contravention of the Agreement on Trade Related Intellectual Property Rights (TRIPS).…