Search Results for: Brazil

BY KEITH NUTHALL
BRAZILIAN steel producer V&M do Brazil has struck the largest deal to date under the Kyoto Protocol Clean Development Mechanism. It will see the steel maker selling five million tonnes of greenhouse gas reductions for Euro 15 million to an International Finance Corporation/Dutch government fund, the IFC-Netherlands Carbon Facility.…

BY KEITH NUTHALL
THE EUROPEAN Commission has abandoned a review of European Union (EU) anti-dumping duties imposed on imports of threaded malleable cast-iron tube or pipe fittings from Brazil, the Czech Republic, Japan, China, South Korea and Thailand, after affected exporters failed to assist Brussels its investigators.…

BY KEITH NUTHALL
THE BETS are off over whether the new code on maritime safety and security agreed by the International Maritime Organisation this month will actually allow insurance companies to reduce the premiums that they charge shipping companies and ports.…

BY KEITH NUTHALL, PHILIP FINE and ALAN OSBORN

THE NEW International Code for the Security of Ships and Port Facilities, agreed by an International Maritime Organisation (IMO) Diplomatic Conference, held in London, aims at reducing the industry’s exposure to terrorist attacks and resulting damage.…

KEITH NUTHALL
CANADA has joined formal World Trade Organisation (WTO) disputes talks initiated by Brazil against the United States regarding American government subsidies to producers, users and exporters of upland cotton. The Brazilians claim that these payments break the WTO’s Agreement on Subsidies and Countervailing Measures, Agreement on Agriculture, and General Agreement on Tariffs and Trade (GATT).…

BY KEITH NUTHALL
THE WTO has established a disputes settlement panel to examine Brazil’s complaint about Florida’s “equalizing tax” on imported processed orange and grapefruit products.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC) of the World Bank is lending US$30 million to Brazilian footwear producer Sao Paulo Alpargatas S.A. (SPASA), to finance its on-going investment programme, modernising production facilities and increasing capacity. The company has been identified by the IFC as a company that would effectively use such finance; since 1997, it has improved performance and market position by upgrading product quality and lowering costs, notably through new manufacturing technologies and relocating production facilities to the impoverished north-east of Brazil, an area which the World Bank wants to help develop.…

BY ALAN OSBORN
THE EUROPEAN Union is to remove all textile import quotas applied to Brazil under a

Memorandum of Understanding signed between the two sides this month (November). In return, Brazil will respect maximum tariff levels, refrain from applying non-tariff barriers to EU exports, and discontinue the application of an additional tax on textile and clothing imports.…

BY PHILIP FINE

COCA-COLA is trying out a popular Brazilian drink on US consumers. Earlier this month, Coke began selling Kuat, (pronounced "kwatch"), a guarana-flavoured drink, as a test marketing exercise in Texas, Florida and in parts of the US eastern seaboard’s mid-Atlantic region.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) is facing a mass attack on its sugar export subsidies at the World Trade Organisation (WTO). They have been formally challenged by both Australia and Brazil, with the Ivory Coast, Congo, Madagascar, Columbia, Canada, Kenya, Barbados, India, Zimbabwe, Malawi, Jamaica, Swaziland, Fiji, Guyana and Mauritius expected to line up behind them in support.…