Search Results for: Brazil

THE EUROPEAN Union’s (EU) fourth anti-money laundering directive had not even been implemented before Panama Papers revelations on massive tax evasion highlighted critical gaps in the bloc’s regulatory framework, especially regarding cryptocurrencies and prepaid cards. The result was directive (EU) 2018/843 of May 30, 2018 commonly known as the fifth anti-money laundering directive.…

THE TRADE in knitwear between the European Union (EU) and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay is likely to intensify under a new trade deal between the two regional groupings.

The agreement, which now needs ratification, will phase out all EU duties charged on industrial goods (including knitted clothing and inputs) over 10 years.…

AN INCREASING number of so-called ‘digital doppelgangers’, faked digital identities, designed to bypass financial anti-fraud systems, are being traded online via the darknet and even the open internet, according to David Décary-Hétu, Assistant Professor at the School of Criminology at the University of Montréal, Canada.…

More than one in five or around 56 million people who accessed public services in Latin America and the Caribbean last year paid a bribe, according to the latest 18-country survey from Transparency International. The police notched up the highest bribery rate (24%), followed by other public services such as utilities (19%). …

Described by environmental campaigners as “the elephant in the COP21 negotiations room” when climate change proposals were agreed in Paris during 2015, today – the electrification of shipping is moving ahead apace.

From inland ferries to cargo barges and cruise ships, vessels are being built or retrofitted with renewable power propulsion sources, curbing the shipping industry’s major emissions.…

THE TRADE in food and drink between the European Union (EU) and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay is likely to intensify under a new trade deal between the two regional groupings. The agreement, which now needs ratification, will phase out Mercosur duties on 93% of EU exported food and drink product types, including those on wine (27%); spirits (20% to 35%); soft drinks (20-35%); chocolate (20%); biscuits (16 to 18%); canned peaches (55%).…

CONTINUOUS dyeing technology is being refined and improved and offering finishers worldwide the chance to improve their output efficiency, while reducing chemical, water and energy usage. However, emerging markets finishers can struggle to find the investment costs required to install this top-line cutting edge dyeing machinery.…

A EUROPEAN Union (EU) trade deal struck with South America’s Mercosur group of Brazil, Argentina, Uruguay and Paraguay, will open this emerging market to EU confectionery exporters, but Europe’s sugar sector fears increased Brazilian sugar exports. The agreement, which now needs to be ratified by both sides, will phase out Mercosur duties on EU exports of chocolate and sugar confectionery of 20%; biscuits (taxed at 20% to 35%); liquorice extract – 8%; and confectionery-making equipment – 14%.…

THE EUROPEAN metal packaging sector will be hoping that the newly negotiated European Union (EU)-Mercosur trade deal is ratified quickly, given it scraps import duties imposed by Brazil and Argentina on such exports of between 12% and 35%. These are the key markets in the South American trade bloc, that also includes comparative minnows Uruguay and Paraguay, whose protective duties shadow their larger Mercosur neighbours.…

BRAZIL’S textile industry has welcomed the new trade deal between the Mercosur bloc (of which Argentina, Uruguay and Paraguay are fellow members) and the European Union (EU) which was announced on June 28.

With existing tariffs having impeded trade in fabrics, yarn and fibre between the two blocs in the past, Renato Jardim, the superintendent of industrial and economic policy for Brazilian Textile and Apparel Industry Association (ABIT – Associação Brasileira da Indústria Têxtil e de Confecção) told WTiN.com:…