Search Results for: Brazilian

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.…

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.…

BY KEITH NUTHALL
THE EUROPEAN Union is to abandon special testing of fish from China, because it no longer considers there is a serious risk of these exports being significantly contaminated with restricted anti-biotics. It has taken the same decision for shrimp shipments from Vietnam and Pakistan.…

BY KEITH NUTHALL
THE EUROPEAN Union is to abandon special testing of certain fish products from China, and shrimp from Vietnam and Pakistan because it no longer considers there is a serious risk of exports being contaminated with banned antibiotics. However, checks are being introduced for Ukrainean milk powder and Brazilian 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.…

KEITH NUTHALL
APPLICATIONS made by Nicaragua and Germany for the trade in two hardwoods to be controlled under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) have been supported by the CITES secretariat. The species are big-leaf mahogany (Brazilian mahogany) and tree-of-life (pockwood or sonora guaiacum).…

BY KEITH NUTHALL, ALAN OSBORN, MONICA DOBIE AND PHILIP FINE

IF there is one striking characteristic about Washington’s Bush Administration, it must be its almost unprecedented ability to infuriate the entire world with its unilateralism, especially its self-serving trade policies.

For years, the US government has actually played Mary Poppins on food production subsidies, claiming that its handouts do not encourage farmers to overproduce when prices are low.…

BY KEITH NUTHALL
THE WORLD Health Organisation has released a draft treaty text providing the basis for the final stage of the negotiations of a Framework Convention on Tobacco Control. Assembled by WHO Brazilian Ambassador Luiz Felipe de Seixas Correa, Chair of the Intergovernmental Negotiating Body on the convention, it highlights areas of potential agreement on tobacco advertising, promotion and sponsorship, black-marketeering, taxes, and international cooperation in agricultural diversification and financial resources.…

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.…

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.…