Search Results for: Pakistan

BY KEITH NUTHALL

A BOOM in counterfeit clothing accessories being smuggled into the European Union (EU) has overshadowed a fall in the trade in fake sportswear, according to the latest figures from the European Commission. It says EU customs officials seized 30 million items of clothing and accessory fakes last year, up 175%.…

BY PAUL COCHRANE, in Beirut
WITH demand for liquefied natural gas (LNG) surging across the globe, the Persian Gulf is at the epicentre of LNG developments due to its vast gas resources. But the rapid expansion of the sector is not without complications.…

BY KEITH NUTHALL
A BOOM in counterfeit clothing accessories being smuggled into the European Union (EU) has overshadowed a fall in the trade in fake sportswear, according to the latest figures from the European Commission. It says EU customs officials seized 30 million items of clothing and accessory fakes last year, up 175%.…

BY SAEED AKHTAR BALOCH, in Lahore, Pakistan
FACED with a shrinking habitat, commercial pressures are threatening that most elusive of big cats, Pakistan’s snow leopards. Their hides are coveted in the Middle East; their bones, nails and other parts are used in traditional Chinese medicines.…

BY DEIRDRE MASON
FIFTY years ago, the signing of the Euratom Treaty ushered in a system of European non-proliferation controls designed to prevent nuclear-associated technology being exploited for the illicit production of nuclear weaponry. And today, after the anniversary of the three agreements signed on March 25, 1957 that gave the European Communities – later the European Union (EU) – their legal basis, that ‘dual-use technology’ system continues to be refined.…

BY PAUL COCHRANE, in Beirut
HUNTING with falcons has been part of Arab culture for thousands of years, but with wild falcons declining because of trapping and Middle Eastern hunters also shooting falcons for sport, what do Arabs think about imposing tougher restrictions?…

BY ANDREW SALMON, in Seoul
LAST October, South Korea was admitted as an observer to the world’s premier group of money laundering fighters – the Financial Action Task Force (FATF) and given the nation’s recent moves to strengthen its anti-money laundering regime its path to full membership in approximately two years appears smooth.…

BY KEITH NUTHALL
EUROPEAN Union (EU) anti-fraud agency OLAF has helped uncover three rules-of-origin frauds costing EU coffers millions of Euros. In one case, an OLAF-German police inquiry has uncovered the loss of Euro 50 million in duties by the illicit rerouting of Chinese energy-saving lamps via Vietnam, Pakistan, Thailand, Malaysia, the Philippines, Indonesia, the United Arab Emirates, Sri Lanka and Tunisia to evade 66.1% anti-dumping duties on China-made lamps; Euro 7 million of avoided taxation has been recovered.…

SAEED AKHTAR BALOCH, in Lahore

PAKISTAN’S paint sector – one of its largest industries – has shown an impressive growth over the last few years, mainly because of boost in housing and construction activities.

Unfortunately, being one of the more unorganised sectors in the country, with many small manufacturers, it is difficult to pinpoint the exact number of paint producing units, production and sales data, but figures available from government agencies reveal the industry achieved 25-30 % growth in last five years, with an impressive spurt of 15-20% growth in the financial year ended June 2006, which could be sustained in the medium-term if the housing sector continues growing at its current pace.…

BY RAGHAVENDRA VERMA, in New Delhi

"REFINERY Process Outsourcing" or simply RPO is an exciting buzzword in the otherwise hard-pressed Indian petroleum industry, as the term represents newly found and highly profitable venture of operating refineries to fulfil surging international demand.…