Search Results for: Mexico
10 results out of 799 results found for 'Mexico'.
CANADIAN PARTS MAKERS ANTICIPATE BIG RISE IN ORDERS ONCE IMMINENT USMCA STARTS OPERATING
CANADA’S Automotive Parts Manufacturers’ Association (APMA) is optimistic that the United States-Mexico-Canada Agreement (USMCA) will deliver more sustained work to the country’s supply chain once the deal comes into force on July 1. It replaces the North American Free Trade Agreement (NAFTA), in place since 1994.…
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.…
INTERNATIONAL REGULATORY ROUND UP – CAOBISCO AND CIUS SOUND WARNING OVER BREXIT TALKS DELAYS
EUROPEAN sugar users’ association CIUS has warned about slow progress within the talks between the European Union (EU) and the UK over a permanent relationship after the current transitional Brexit period expires on December 31. The CIUS wants this period extended – a step that the British government is currently refusing to take.…
EUROPEAN DAIRY SECTOR ENCOURAGED BY RUSSIA LOOSENING IMPORT BAN TO COPE WITH COVID-19
Moscow’s action on 90% demineralized whey powder followed up an announcement made in March 19 by Prime Minister Mikhail Mishustin that from March 20 “for one month, all restrictions on the supply of essential goods, including customs, are cancelled”. This was followed up by a government plan allowing for the easing of sanctions-related restrictions – see http://static.government.ru/media/files/vBHd4YRxpULCaUNNTFLVpPSZbMCIA2Zq.pdf…
EAST ASIAN AUTO-MAKING HUBS FEEL PAIN FROM COVID-19 PANDEMIC, DESPITE VARIED GOVERNMENT ASSISTANCE
EAST Asia’s auto-making hubs may have been making a better fist of dealing with the Covid-19 crisis than manufacturing centres in Europe and north America, but the pandemic has been harming the industry in the region.
Government responses have varied, however, with no major scrappage packages being announced.…
CANADIAN AUTO SECTOR PRESSES FEDERAL GOVERNMENT TO LAUNCH SCRAPPAGE SCHEME TO REVIVE COVID-19 DAMAGED MARKET
CANADA’S automotive industry associations are pressing the Canadian federal government to launch a scrappage scheme to help the country’s automotive market out of its Covid-19 related slump. The Canadian Automobile Dealers Association (CADA), the Global Automakers of Canada (GAC) and the Canadian Vehicle Manufacturers’ Association (CVMA) have made a formal proposal that the government subsidises automotive consumers by between CAD1,500 and CAD3,000 when they trade in an old vehicle and replace it with a new model.…
CANADA GROWS DIVERSE ARTISANAL CHOCOLATE SECTOR TAPPING INCREASINGLY SOPHISTICATED AND GROWING MARKET
While the Canadian chocolate market is dominated by major manufacturers, such as Nestlé, Hershey, Mondelēz, Lindt, Mars and Ferrero – a diverse artisanal sector is growing towards commercial maturity, as consumers seek out premium products that are locally produced and often marketed to specific target customers.…
VATICAN’S FIU RAIDED AND IN HOT WATER – BUT IS IT THE VICTIM OF CURIA POWER POLITICS?
The suspension for alleged corruption by senior officials at a financial intelligence unit (FIU), the cornerstone of any jurisdiction’s AML work, would be shocking. But if those suspensions were at the FIU of the world’s only purely theocratic state, such reports would sound like the work of thriller fiction.…
TRADE DATA ANALYSIS INDICATES WIDE SCOPE FOR TRADE-BASED MONEY LAUNDERING MAY INVOLVE THE SHIFT OF BILLIONS OF DOLLARS IN VALUE
GIVEN the hundreds of billions of dollars spent by banks on fighting money laundering, fears that trade-based money laundering (TBML) remains widespread, as stressed by FATF, the APG (http://www.fatf-gafi.org/publications/methodsandtrends/documents/trade-basedmoneylaunderingtypologies.html), and most recently, the European Commission (https://ec.europa.eu/info/sites/info/files/supranational_risk_assessment_of_the_money_laundering_and_terrorist_financing_risks_affecting_the_union_-_annex.pdf), are of serous concern. The World Trade Organisation (WTO) said that in 2018, global merchandise exports were worth USD19.48 trillion, so there is plenty of place for laundered money to hide.…
INTERNATIONAL REGULATORY ROUNDUP – GLOBAL SWEETENERS GROUP CONCERN OVER SHARING BIOMONITORING DATA WITH EU REGULATOR
THE INTERNATIONAL Sweeteners Association (ISA) has called for clear rules on how the European Food Safety Authority (EFSA) may assess biomonitoring data in the agency’s planned review of authorisations for sweeteners that are allowed in the European Union (EU). The industry body said in a public consultation on this review that it “is critical to have clear and expert protocols issued by EFSA and/or OECD to appropriately respond to… interest in reviewing ‘biomonitoring’ data, if this is to be considered in the current re-evaluation of sweeteners.”…