Search Results for: World Trade Organisation⊂mit=Search

Keith Nuthall
THE CONTINUED threat posed by Chinese shoe exporters willing to fraudulently exploit trade concessions in European Union markets enjoyed by its east Asian neighbours has led to the likely extension of surveillance measures designed to crack down on the problem.…

BY KEITH NUTHALL
THE EU financial watchdog the Court of Auditors says the European Commission’s setting of export refund rates has been insufficiently clear for skimmed and whole milk powder and – to a lesser extent – cereals. The court said the Commission lacked clear guidelines ensuring subsidies accurately reflected world prices, with milk powder exports being over-subsidised.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is lending US$105 million to Petrobras Energía Venezuela (PEV), owned by Argentina’s Pecom Energía, for developing PEV’s four Venezuelan oil fields. The IFC said the loan was “critical to the sustainability and expansion of PEV.”…

BY MARK ROWE
DENMARK’S move to become the first country to restrict the use of industrially produced trans fatty acids in processed foods as part of a health drive to reduce heart disease looks like being accepted, by the European Commission and the Danish food industry.…

BY KEITH NUTHALL
THE WORLD Health Organisation’s new director general Lee Jong-wook has taken office, issuing a set of immediate priorities, that did NOT include work against tobacco consumption. Instead he announced that he would be focusing on creating a global plan to fight AIDS, driving more of the WHO’s resources into field units (and away from its headquarters), plus developing his staffs’ skills generally.…

BY KEITH NUTHALL
THE USA, Canada and Argentina have requested a WTO disputes panel be established to rule on the EU’s de facto five-year freeze on approving the import of new genetically modified foodstuffs. The three countries claim it is illegal under world trade law.…

BY KEITH NUTHALL
AN INTERNATIONAL Group for Anti-Corruption Coordination (IGAC) has been created by a conference staged by the United Nations Office on Drugs and Crime. The new body will be a clearing-house for good practice and intelligence on corruption, to be shared with other UN agencies, intergovernmental and non-governmental organisations concerned with fighting corruption.…

BY PHILIP FINE

A US company is launching the commercial production of turning waste into low-priced usable fuel. Changing World Technologies’ Missouri plant will produce 500 barrels of combustible fuel a day through the grinding, heating and pressuring of waste such as plastic bottles and old computers.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC) of the World Bank is lending US$17.5 million in INDRupees to Indian textile company Alok Industries Ltd, allowing the Mumbai (Bombay)-based company to expand and modernise its knitting facilities and meet growing demand from domestic and international customers.…

BY ALAN OSBORN
THE EUROPEAN Commissioner for health has caused a stir by stating the European Commission is “about to conceive a major initiative aimed at banning smoking in workplaces” throughout the 15 country EU, due to be expanded with 10 new Member States next May.…