International news agency
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.

Search Results for: united nations

10 results out of 3779 results found for 'united nations'.

USA AUTO MAKERS JUGGLE USMCA COMPLIANCE STRATEGIES TO AVOID MARKET DEPRESSING COST INCREASES



USA automotive manufacturers are facing some tough choices when implementing the United States-Mexico-Canada Agreement (USMCA), which entered into force on July 1, to avoid its pressure on costs being reflected in showroom price increases.

The new deal, which replaces the North American Free Trade Agreement (NAFTA), requires US, Mexican and Canadian auto manufacturers to increase their USMCA-bloc sourcing to ensure that 75% of a vehicle’s parts are made in a signatory country to benefit from the free trade provisions.…

Read more

MEXICO SECTOR NEEDS TO DELAY USMCA FULL IMPLEMENTATION TO ALLOW TIME TO INVEST IN COST EFFICIENCIES



The Mexican auto industry should be able to preserve its critically important USA export sales if it implements the new labour wage and origin components of the United States-Mexico-Canada Agreement (USMCA) slowly and steadily, allowing time to invest in technological efficiencies, experts predict.…

Read more

TURKISH DENIM MAJOR MAVI JEANS KEEPS GROWING WORLDWIDE, DESPITE COVID-19



Mavi, the Turkish denim giant, sold 9.7 million pairs of jeans worldwide in 2019, and, its chief executive has told just-style, has rebounded from the shuttering of the garment sector earlier this year with e-commerce sales doubling in its major markets.…

Read more

CAMBODIA’S CLOTHING AND FOOTWEAR SECTORS STRUGGLE WITH DOUBLE HIT OF COVID-19 AND LOSS OF EU DUTY-FREE STATUS



AMIDST the partial withdrawal of Cambodia’s tariff-free access to the European market that came into effect in August, the Covid-19 pandemic could not have come at a worse time for the country’s garment sector. Its clothing sales to the European Union (EU) – including the UK – alone plummeted 31% or USD403 million within the first six months (January-June) this year compared with the same period in 2019.…

Read more

GOVERNMENTS AND BANKS FAILING TO TACKLE FINANCIAL CRIME, SAYS UN



Governments and banks around the world are doing too little to tackle tax abuses, money laundering and corruption, according to a United Nations report. A September 24 interim assessment from the High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel) found that outmoded financial controls have failed to keep pace in a globalised, digitalised world.…

Read more

BIGGEST EXPORTERS ARE WORST AT FOREIGN BRIBERY ENFORCEMENT



Countries exporting the most goods and services are also the worst at foreign bribery enforcement, according to the latest report from anti-graft group Transparency International. ‘Exporting Corruption Progress Report 2020: Assessing Enforcement of the OECD Anti-Bribery Convention’ finds that most countries assessed (34 out of 47), conducted weak or no enforcement of their foreign bribery laws, in part hindered by a lack of public information on beneficial ownership. …

Read more

UK SFO CHIEF CALLS FOR FAILURE TO PREVENT AND TIPPING OFF FRAUD TO BE CRIMES



The director of the UK Serious Fraud Office (SFO), Lisa Osofsky, has called for the introduction of new British offences criminalising failures to prevent fraud and tip off law enforcement about such crimes. In an October 8 speech on ‘Future Challenges in Economic Crime: A View from the SFO’ at the Royal United Services Institute (RUSI) in London, Osofsky ran through her “wish list for the SFO, if I had a magic wand”.…

Read more

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. …

Read more

ASIA PACIFIC PAINT AND COATINGS REGULATORY ROUNDUP – CHINA RELEASES ANTI-VIRAL/BACTERIAL COATINGS STANDARD



THE CHINA Coatings Industry Association on September 14 published a draft standard for the manufacture and sale of antibacterial and anti-viral coatings – a key growth segment during the Covid-19 pandemic. The draft specifies the terms, definitions, requirements, test methods, inspection rules, labelling, marking, packaging and storage of coating products with antibacterial and antiviral properties.…

Read more

COVID-19 SOFTENS BUSINESSES UP FOR MAFIA ML EXPLOITATION



The Covid-19 crisis has had many negative impacts, and one has been the undermining of legitimate businesses. In countries with strong organised crime traditions, this has meant more opportunities for money launderers to subvert hard-pressed entrepreneurs or take them over, to use their businesses as fronts for cleaning criminal proceeds.  …

Read more