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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.…

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. …

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.…

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.…

Word from US President Donald Trump that he may reverse a longstanding position and explore the possibility that the country may join the Trans-Pacific Partnership (TPP) after all, has left the fashion industry – along with much of the American business community – somewhat sceptical, while being supportive.…

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.…

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.…

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.…

THE WORLD Trade Organisation’s (WTO) latest ministerial conference in Buenos Aires, Argentina, in December, failed to agree detailed policy for the global body, other than a commitment to negotiate a deal limiting fishing subsidies by next December (2018). A new agriculture agreement covering all food and drink remained elusive, with the USA calling for “plurilateral” agreements of “like-minded countries” going forward, that can be adopted by WTO member states after being concluded.…

NEW Free Trade Agreements (FTAs) signal a promising outlook for the Vietnamese textile industry with tariff concessions providing the biggest stimulus to figures, according to the country’s trade officials.

Attendees at the 17^th Vietnam International Textile & Garment Industry Exhibition, held late last month (November 22-25th) in Ho Chi Minh City, heard the deals will impact significantly on the national textile sector.…