Search Results for: Korea

BY MATTHEW BRACE
FIGHTING money laundering is about getting your hands dirty. The Financial Action Task Force (FATF) may pronounce global standards that it would like jurisdictions to follow, but all governments need help, and often regional bodies are better placed to do the detailed work than more remote global organisations.…

BY KEITH NUTHALL
THE EUROPEAN Commission has rebuffed calls from the European Chemical Industry Council (CEFIC) for increased European Union (EU) tariff protection against dumped styrene-butadiene-styrene thermoplastic rubber (SBS), an adhesive ingredient. Furthermore, it has proposed abolishing existing anti-dumping duties on the product on Taiwanese producers.…

BY KEITH NUTHALL
*A strictly Stalinist approach to fighting bird flu, has led to the UN Food and Agriculture Organisation (FAO) noting North Korea has controlled its outbreak. Around 218,000 chickens on three infected farms have been killed by Dear Leader Kim Jong Il’s bird flu clean up squads, while vaccinations and movement controls have prevented further outbreaks.…

BY KEITH NUTHALL
THE EXPORT of feathers and pet birds to the EU from North Korea has been banned to prevent the communist country’s bird flu outbreak from infecting European poultry.…

BY KEITH NUTHALL
THE UNITED Nations’ Food & Agriculture Organisation (FAO) is sending veterinary experts to North Korea to help control an outbreak of bird flu. Pyongyang fears there have been outbreaks on between two and three poultry farms in one the country’s few growing sectors.…

BY KEITH NUTHALL
BIRD flu is still ravaging Indonesian poultry production, according the latest figures released by the Office International des Épizooties (OIE), the world animal health organisation. They show producers culling millions of chickens across Java and south Celebes farms and villages to prevent the disease spreading.…

BY MATTHEW BRACE
SINGAPORE’S economy is rejuvenating after the horrors of early 2004 when the threat of terrorism (both internationally and closer to home in South East Asia), and then the SARS virus hit the city state hard, shrinking demand for construction and hence the amount of money to be made by the coatings sector.…

BY KEITH NUTHALL
THE EUROPEAN Commission has proposed imposing definitive anti-dumping duties on imports into the European Union (EU) of polyester staple fibres from China and Saudi Arabia. It has also proposed extending (at a lower level) duties imposed against South Korea in 2000 and scrapping 13% duties levied since 1999 on Taiwanese exporters, who are now dumping at very low levels, said the Commission.…

BY KEITH NUTHALL

THE WORLD Trade Organisation’s (WTO) general council has permanently amended the Trade Related Aspects of Intellectual Property Rights (TRIPS) agreement to make permanent a 2003 waiver helping poor countries obtain generic medicines during health emergencies. The TRIPS amendment enables any WTO member country to export generic pharmaceuticals made under a compulsory licence to assist countries lacking their own manufacturing capacity and whose nurses and doctors would otherwise be unable to deal with a serious disease problem.…

Keith Nuthall
THE EUROPEAN Union (EU) Council of Ministers has toughened anti-dumping duties levied on imports from South Korea and Taiwan of synthetic textile ingredient polyethylene terephthalate (PET). European Commission inquiries had showed existing duties insufficient to protect EU producers from cut-priced Korean and Taiwanese PET competition.…