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Search Results for: World Trade Organisation

10 results out of 12136 results found for 'World Trade Organisation'.

AUTOMATION NOT YET ABLE TO FORCE MASS RESHORING – BUT THAT DAY MAY COME, SAY EXPERTS



The use of ‘sewbots’ that can replace human sewers and other robotics look set to transform the clothing and textile supply chain and facilitate reshoring or near-shoring to developed countries currently reliant on lower income outsourcing hubs, maybe thousands of kilometres away from buyers.…

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The first time that a single engine Gripen fighter plane flew with 100% biofuel, at manufacturer Saab’s facilities in Linköping, in Sweden. CREDIT – Saab AB/ Linus Svensson

CIVIL AVIATION SECTOR PUSHES AHEAD WITH SUSTAINABLE FUEL GROWTH

AVIATION has always been regarded as a tougher sector to convert to low carbon fuels than road transport, because of the high intensity burn required to power planes – which traditionally been supplied by fossil-based kerosene. And a lot is burned.

In 2019, before Covid-19 knocked the industry off a seemingly unstoppable growth trajectory, 95 billion gallons of fuel was burned by commercial airlines worldwide said statistical service Statista.

Speaking to Petroleum Review, International Civil Aviation Organisation (ICAO) deputy director for environmental protection Jane Hupe said analysis undertaken by the UN agency found “that, by 2050, it would be physically possible to meet 100 percent of international aviation jet fuel demand with sustainable aviation fuels, corresponding to a 63 percent reduction in emissions.”…

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WHERE ARE ARABS IN THE DONKEY & ELEPHANT RACE?



Every four years, people worldwide, armed with statistics, predictions and expectations, gaze at traditional, smart, and portable screens, waiting for an anticipated globally important event. Some observers are enthusiastic, others are indifferent – but everyone awaits the results.

But this is no sporting championship.…

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TECHNICAL ROUND UP – IOSCO SAYS REGULATORS SHOULD PUSH ESG DATA SERVICE QUALITY



 

The International Organisation of Securities Commissions (IOSCO) has called on regulators to proactivity ensure environmental, social, and corporate governance (ESG) ratings and data product providers perform at a high standard. In detailed guidance, IOSCO noted: “Their significance and usefulness will only continue as capital markets intensify efforts to support the shift towards a net zero economy.”…

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TUNISIA’S TEXTILE SECTOR SHRUGS OFF COUNTRY’S POLITICAL TURMOIL AND TARGETS GROWTH



The leaders of Tunisian textile industry argue that their independent development plans will help them weather Tunisia’s ongoing political storms, staying on track in growing export and internal markets.

When President Kais Saied announced froze parliament and sacked Prime Minister Hichem Mechichi on July 25 (2021), there were initially scenes of jubilation, but these have morphed into fears about instability and uncertainty as he gathered power into his hands to rule by presidential decree.…

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NON-BIG THREE MANUFACTURERS FIGHT UNIONISED WORKER ONLY EV TAX CREDIT, AS CONGRESS CONSIDERS VOTE



 

Opposition is mounting outside the Big Three US auto manufacturers to proposed federal tax credits for electric vehicle purchases within proposed House of Representatives and Senate versions of the Build Back Better Act.

With a House vote maybe happening this week, representatives of foreign-owned and non-union manufacturers as well as the Canadian and Mexican governments, are pushing for changes to the tax credit packages under discussion.…

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FALLS IN KEY SUPPLIES AND DOMESTIC MARKET WEAKNESSES PREVENT MEXICO AUTOMAKERS FROM RECOVERING AS COVID-19 EBBS



Automotive associations and manufacturers in Mexico admit that their country’s automotive industry is registering a much slower rate of Covid-19 recovery than expected due to supplies shortages, which have especially impeded light vehicle production – cars, CUVs, SUVs and pick-ups.

In early October, the Mexican Automotive Industry Association, (Asociación Mexicana de la Industria Automotriz – AMIA) noted that light vehicle sales in September in Mexico were 76,930 units, meaning 1.1% less than the number recorded during September 2020, when the pandemic was ravaging Mexico’s economy, which lost 8.5% of its GDP last year (2020).…

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SPAIN TRIES TO RECOVER ITS GOLDEN PLACE IN THE MUSLIM WORLD



Spain, which in the early Middle Ages was part of Islamic state called Al-Andalus – remembered as a golden age of Spanish tolerance and reason – has finally started to seriously play to win in the global halal market, through tourism and exports.…

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SPAIN BOOSTS HALAL TOURISM AND FOOD SALES – LOOKING FOR GROWTH IN THE POST-COVID-19 WORLD



Spain has been expanding its halal tourism and food sales, as it leverages its geographical proximity to Muslim countries in north Africa to provide travel and accommodation services.

In the CrescentRating Global Muslim Travel Index 2021, by CrescentRating & Mastercard, Spain climbed six positions to the 16th in the top non-Organisation of Islamic Cooperation (OIC) destinations (https://www.crescentrating.com/reports/global-muslim-travel-index-2021.html).…

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SOUTH KOREA’S PHARMA SECTOR PROBES HALAL MARKET WITH INDONESIAN PARTNERS



 

South Korea’s pharmaceutical industry, a global player with exports reaching South Korean Won KRW7.93 trillion (USD6.8 billion) in 2020, has been expanding its foothold in the world’s Muslim markets, offering guarantees that manufacturers avoid inputs that are offensive to Muslims.…

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