Search Results for: Venezuela

MEXICO represents a powerful investment opportunity as the second largest consumer of ‘beauty and personal care products’ (BCP) in Latin America, after Brazil. While a relatively mature BCP market makes growth a creative challenge, the country is increasingly popular as a location for BCP production facilities.…

WHILE the global nonwovens industry maybe booming through investments, acquisition of new sites, expansion of capacity, more customers and exhibitions all over, the same optimism cannot be applied to emerging market former starlet Brazil. Despite its huge market with 200 million inhabitants, the nonwovens sector of South America’s economic powerhouse is looking for another deep loss of steam in 2015.…

A levy on air in the Venezuela’s largest airport, Maiquetía Simón Bolívar International Airport – on both domestic and foreign flights – caused such an uproar in the South American nation last year, it has since been repealed. According to the Venezuelan Airline Association (ALAV – Asociacion de lineas aereas de Venezuela), the ‘air-tax’ was doomed by the constant complaints and delays it caused.…

THE PERSONAL care product industry will be hoping that US President Barack Obama’s “new chapter” in relations with Cuba, announced in December (2014), will revive sales and trade, amidst tightening rules on Cuban travellers from the US.

It is currently not certain just what specific changes in policy on either the US or Cuban side will occur, let alone when, but it is already clear that travel restrictions to Cuba will at least be lightened. …

A FREE trade deal struck between the European Union (EU) and Ecuador should benefit European auto manufacturers with increased market access in Ecuador, the European Automobile Manufacturers Association (ACEA) has told wardsauto. In a statement, ACEA welcomed the inclusion of Ecuador into the Andean free trade agreement previously concluded by the EU with Peru and Colombia.…

The smuggling of auto parts and vehicles into Colombia is a billion dollar trade that has long shackled the sector’s potential for growth. This contraband trade now finds itself squeezed between market forces on one side and a government clampdown on the other, but industry opinion is divided over whether it will be enough to halt the smuggling wave.…

The smuggling of auto parts and vehicles into Colombia is a billion dollar trade that has long shackled the sector’s potential for growth. This contraband trade now finds itself squeezed between market forces on one side and a government clampdown on the other, but industry opinion is divided over whether it will be enough to halt the smuggling wave.…

The Venezuelan government’s economic policies have created a boom in smuggling contraband meat and livestock to neighbouring Colombia. The trade is pushing down Colombian prices, putting consumers at risk and threatening the country’s hopes of becoming an export nation.

Between January and September this year, Colombia’s tax and customs police (Policia Fiscal y Aduanera – POLFA) made over USD1 million worth of seizures of meat and livestock in the form of 106 tonnes of beef, 4 tonnes of pork, 11 tonnes of chicken, 1,024 live cows, 243 pigs and 23,100 chickens.…

Transnational medicine mafias are exploiting the differences between the economic and healthcare models of socialist Venezuela and its free market neighbour Colombia to run a thriving trade in contraband pharmaceuticals.
Every year, networks of smugglers, corrupt officials, and shady businessmen move millions of dollars worth of contraband, expired and false drugs between the two countries, undermining the legal pharmaceutical sector and posing a grave health threat on both sides of the border.…

Colombia has become something of a specialist in dismantling criminal cartels throughout the years, with the cocaine kings of the Medellín Cartel, the Cali Cartel and the Norte del Valle Cartel all consigned to history. Now, the country’s authorities have a new cartel in their sights – a price-fixing nappy cartel headed by the biggest names in the domestic market.…