Search Results for: Vietnam

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.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers has imposed definitive anti-dumping duties on imports into the EU of footwear with uppers of leather made in China and Vietnam. These 16.5% and 10% duties were agreed one day before provisional anti-dumping duties they replace were to lapse, because southern European countries seeking to protect their shoe-makers disagreed over duty levels with northern Europeans wanting cheap shoes for their citizens.…

BY KEITH NUTHALL

THE EUROPEAN Commission has warned of a continued surge in counterfeits of perfumes and cosmetics entering the European Union (EU), with 694,633 fake products seized by customs officials last year. That said, this actually represents a fall in numbers from 2004, being 89% of the number seized in that year.…

BY KEITH NUTHALL

VIETNAM will hope its November approval of accession to the World Trade Organisation (WTO) will improve the access to overseas markets enjoyed by its clothing and textile exporters. Membership means that Vietnam and its trading partners have promised to keep their mutual clothing and textile trades unimpeded by restrictive quotas.…

BY KEITH NUTHALL

VIETNAM will be hoping that the approval this week of its accession to the World Trade Organisation (WTO) will improve the access to overseas markets enjoyed by its clothing and textile exporters. Membership means that Vietnam and its trading partners have promised to keep their mutual clothing and textile trades unimpeded by restrictive quotas.…

BY KEITH NUTHALL

THE EUROPEAN Commission has announced it will spend Euro 28.3 million on research to fight bird flu, which remains a threat to European Union (EU) environmental health. The studies will examine the flu’s microbiological mode of attack, human and livestock vaccine development, better diagnosis and early warning systems.…

BY KEITH NUTHALL

THE LAST minute decision to impose European Union (EU) anti-dumping duties on shoes exported from China and Vietnam has been savaged at the European Parliament. Leading MEPs from the key socialist and liberal groups denounced the move as folly, although the parliament will not be able to reverse the decision.…

BY STEVEN SWINDELLS, in Johannesburg

SOUTH African retailers have been warned by their government that they could be guilty of "treason" if they try to get around quotas placed on Chinese clothing and textile imports.

The bizarre and disconcerting warning from Deputy President Phumzile Mlambo-Ngcuka came after leading retailers warned that an imminent cap on Chinese textile imports would force them to import alternative supplies from other foreign producers – including those in Vietnam, Bangladesh and eastern Europe – whose goods are cheaper than local manufacturers.…

BY KEITH NUTHALL

EUROPEAN business leaders, led by high end footwear manufacturers, are calling on European Union (EU) member states to resist Mediterranean country pressure to impose definitive anti-dumping duties on shoes from Vietnam and China. In a joint letter to governments, EU shoe manufacturers, retailers and distributors are pushing for the rejection of a compromise proposal from current EU president Austria, which would impose duties for 12 months, with an option to renew over five years.…

BY KEITH NUTHALL

DETAILS of a comprehensive plan to mitigate environmental and social problems caused by a planned Vietnam fluorspar (and tungsten) open cast mine have been released by the World Bank’s Multilateral Investment Guarantee Agency (MIGA), which is expected to support the project.…