Search Results for: Korea

BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has re-imposed definitive antidumping duties on imports into the European Union (EU) of certain polyethylene terephthalate (PET) from India, Indonesia, Malaysia, South Korea, Thailand and Taiwan, as proposed by the European Commission.…

BY KEITH NUTHALL
AN AMERICAN anti-piracy group has warned that the Czech Republic and Costa Rica have joined the well-known major sources of counterfeit clothing such as China and Brazil. And in a report, the International Anti-Counterfeiting Coalition adds that the “vast majority” of pirated clothing exported from the Czech Republic was actually made in China.…

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) clothing and textile buyers have been offered more cheap products from China and human-rights pariah Belarus upon Romania and Bulgaria’s January 1 accession to the European Union (EU), because of world trade law guarantees. These incoming member states have long-standing trade relations with China and Belarus, whose clothing exports to the EU are quota limited (partially and temporarily for Beijing).…

BY KEITH NUTHALL
CHINA, India and Japan have joined the 10 Association of South East Asia Nations (ASEAN) countries, Australia, New Zealand and South Korea in signing the Cebu Declaration on East Asian Energy Security, on promoting energy sustainability. Although the pact includes no binding targets on emissions reduction, it strongly urges biofuel and other alternative energy sources development.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has approved extending 49% antidumping duties on Chinese exports into the EU of silicon to deliveries from South Korea, to head off rules of origin fraud. The action follows a European Commission inquiry that concluded Chinese exports were being routed illicitly via South Korea to avoid antidumping duties first imposed in 1995.…

BY KEITH NUTHALL

THE EUROPEAN Commission has proposed extending a 49% anti-dumping duty levied on Chinese exports to the European Union (EU) of silicon to consignments from South Korea, to block an alleged origin fraud. Following an investigation into a leap in South Korean silicon export volumes and claims "of [duty] circumvention", through transhipment via South Korea, the Commission has concluded "there was insufficient cause" to explain the trade pattern change "other than the imposition of [China-paid] anti-dumping measures."…

BY KEITH NUTHALL

THE WORLD Trade Organisation (WTO) has exempted from its standard free trade rules for a further six years countries involved in the Kimberley Process Certification Scheme combating ‘blood diamond’ sales.

Its current waiver was to expire December 31 and protects trade restrictions undertaken by participating countries preventing rough diamonds being exported to non-signatory states.…

BY KEITH NUTHALL

BRITISH and other European Union (EU) retailers will in 2007 have a restricted opportunity to import clothing from Belarus, because of the country’s poor human rights record. The European Commission has negotiated a quota-capped import deal, making Belarus one of four countries without largely unfettered access to EU clothing markets, also including North Korea, Kosovo and Montenegro.…

BY KEITH NUTHALL

THE EUROPEAN Commission has again refused to give Belarus free access to the European Union (EU) market for textiles and clothing because of its appalling human rights record, making it one of four countries excluded from quota-free trade, also including North Korea, Kosovo and Montenegro.…