Search Results for: Bangladesh

KEITH NUTHALL
OUTGOING European Union (EU) trade commissioner Pascal Lamy has tried to advise textile exporting developing countries on not being steamrollered by China when textile and clothing quotas are scrapped this December. He told the European Parliament’s trade committee that countries such as Bangladesh and Sri Lanka should exploit continuing tariff preferences for their exports to the EU.…

BY KEITH NUTHALL
THE BLOW to smaller developing countries far from key American and European markets from the abolition of protective quotas in January could be cushioned by the continuing use of preferential tariffs, a new World Trade Organisation (WTO) report has predicted.…

BY KEITH NUTHALL
WORLD Trade Organisation (WTO) director-general Dr Supachai Panitchpakdi has launched talks with member countries on maybe staging an emergency meeting of the WTO council for trade in goods on the oncoming abolition of textiles and clothing quotas. He has been consulting on this idea, proposed by Mauritius, Bangladesh and Nepal, which want the council to examine the costs of adjusting to a global quota-free regime from January, under the WTO’s agreement on textiles and clothing.…

Keith Nuthall
AS the European Union (EU) prepares to abolish its remaining restrictive import quotas for textile and clothing products, the latest European Commission statistics confirm that China is best placed to exploit this liberalisation. For 2003, China exported more textile products to the expanded EU, with 10.7% of imports.…

BY KEITH NUTHALL
AN ATTACK has been made on the United States, European Union (EU), and other textile importing jurisdictions for waiting until the last minute to abolish most restrictive quotas under the World Trade Organisation’s (WTO) Agreement on Textile and Clothing.…

BY KEITH NUTHALL
TRADE liberalisation is not enriching the world’s poor, claims a new UN Conference on Trade and Development (UNCTAD) report, with increased exports not necessarily boosted local consumption. Bangladesh, Guinea and Uganda were the only least developed countries where this happened in the 1990s.…

BY KEITH NUTHALL
NOBODY likes to be on a blacklist, especially one written by the American government. But every year, the US state department issues a comprehensive rogues gallery of countries involved in the narcotics trade and related criminal problems. One surprising entrant: the United States.…

BY KEITH NUTHALL
CHINA is the exporter to watch following the abolition of import quotas for textile accessories and footwear this December under the World Trade Organisation’s (WTO) agreement on textiles and clothing (ATC). Indeed, a detailed report written for the European Commission on this major liberalisation predicts that not only are Chinese export volumes expected to rise, and developed country production levels to fall, but China is expected to exploit its bulk-manufacturing expertise to seize markets from developing country Asian competitors.…

BY MARK ROWE
WHEN anti-money laundering officials draw up their lists of most notorious nations, Burma – or Myanmar by its official name – is routinely identified as one of the murkiest epicentres of money laundering. Ignore the fact that Burma has only been classified as a non-cooperative country or territory (NCCT) by the Financial Action Task Force (FATF) anti-money laundering body for just three years.…

BY KEITH NUTHALL
A GROUP of least developed countries have called on the European Union to increase by 20 times within 10 years the amount of sugar it imports duty-free. Sudan, Mozambique, Bangladesh and Nepal want duty-free quotas raised to more than 1.6 million tonnes by 2012/13.…