Search Results for: South Africa

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.…

BY KEITH NUTHALL
MOVES to spread the wealth generated by the African oil industry amongst local populations have been debated at the 7th African Oil & Gas, Trade & Finance Conference, in Luanda, Angola. Co-organiser the UN Conference on Trade and Development (UNCTAD) promoted ways of transforming the industry “from its present status as a virtual enclave in which foreign companies absorb most of the gross revenue.”…

BY KEITH NUTHALL
EUROPEAN Union ministers are supporting moves proposed by the European Commission to boost energy cooperation between the EU and neighbouring countries in eastern Europe, north Africa and the Levant. At last week’s Council of Ministers for energy, EU Member States broadly supported the aims outlined the day before the meeting in a Communication, (policy paper), issued by the Commission.…

Keith Nuthall
THE USA government signed a bilateral textile pact with Vietnam that gives the south-east Asian country generous access to the US market. The American Textile Manufacturers’ Institute is angry at its government for granting Vietnam an estimated US$2 billion (Pounds 1.24 billion) in access to a domestic sector that saw 3,000 jobs lost in the last quarter.…

BY SWINEETHA DIAS WICKRAMANAYAKA
SRI Lanka Insurance Corporation officials are assessing catastrophic losses that have hit the country’s tea industry which have been wrought by flooding devastating low-lying plantations. Early estimates predict that the island’s economy could lose as much as SLRupees 2.8 billion (US$28.79 million) because of the disaster.…

BY PHILIP FINE

THE US government has signed a bilateral textile pact with Vietnam that gives the south-east Asian country the most generous access to the American market ever granted in an initial two-country agreement, according to a critical American Textile Manufacturers’ Institute (ATMI).…

BY SWINEETHA DIAS WICKRAMANAYAKA
SRI Lanka Insurance Corporation officials are assessing catastrophic losses that have hit the country’s tea industry which have been wrought by flooding devastating low-lying plantations. Early estimates predict that the island’s economy could lose as much as SLRupees 2.8 billion (US$28.79 million) because of the disaster.…

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.…

BY RICHARD HURST
THE ETHIOPIAN government has announced it is taking action to reduce the flood of gold being smuggled from the country, after revealing that US$30-million worth of the precious metal, weighing approximately three million grams, is smuggled annually out through neighbouring countries.…

BY RICHARD HURST
SOUTH African petrochemicals giant Sasol recently announced the planned construction of a new “multi-million US dollar” 1-octene production petrochemical plant at Secunda, in South Africa. This hydrocarbon molecule imparts elasticity, flexibility, impact resistance and strength to plastic consumer products.…