Search Results for: Brazil

BY KEITH NUTHALL in Paris, ALAN OSBORN in London, MARK ROWE in Singapore, ED PETERS and DON GASPER in Hong Kong, RICHARD HURST in Johannesburg, MONICA DOBIE and PHILIP FINE in Montreal, MATTHEW BRACE in Brisbane and ALEX SMAILES in Port of Spain.…

BY KEITH NUTHALL
A DISPUTE proceedings panel has now been established at the World Trade Organisation to rule on the legality of the European Union’s sugar export subsidies. Australia, Brazil and Thailand allege the handouts break world trade laws. Barbados, Canada, China, Colombia, Jamaica, Mauritius, New Zealand, Trinidad and Tobago and the US reserved their right to participate.…

BY RICHARD HURST
SOUTH African mining company AngloGold recently announced that it was seeking to divest from some of its Australian gold fields to continue other diversification efforts outside South Africa. AngloGold Australia ‘s general manager, Barrie Parker, said that the company’s current properties in the central Australian Tanami Desert, particularly the Coyote deposit, had been earmarked for sale in to raise money for AngloGold’s recent explorations in Ghana, Mongolia, Canada and South America.…

BY KEITH NUTHALL
THE DOMINICAN Republic, Brazil and the Philippines are the key beneficiaries of the latest low tariff import quotas for sugar unveiled by the United States Trade Representative. Out of a total low duty quota for 2003-4 of 1,117,195 metric tonnes, the Dominican Republic commands 185,335 tonnes, Brazil 152,691 and the Philippines 142,160.…

BY KEITH NUTHALL
THE EUROPEAN Commission is opposing the launch of a WTO case by Brazil, Australia and Thailand against EU sugar subsidies, claiming a successful challenge would undermine trade preferences given to Europe’s sugar imports from poorer African, Pacific and Caribbean.…

BY KEITH NUTHALL
THE EUROPEAN Commission has authorised a deal involving the merger of two key Brazilian suppliers of iron ore into the European Union market. It has approved the proposed acquisition by CVRD (Companhia Vale do Rio Doce) of sole control of Caemi, which it currently shares with Japanese iron ore trader Mitsui.…

BY KEITH NUTHALL
THE BRAZILIAN government has largely failed to secure a tougher ruling at the World Trade Organisation’s appellate body against the European Union’s anti-dumping duties on malleable cast iron tube or pipe fittings from Brazil. In its initial ruling, a WTO disputes panel found that the EU had erred in two technical ways regarding the setting of the duties, but Brazil appealed, asking the appellate body to declare the duties broke world trade laws more comprehensively.…

BY KEITH NUTHALL
THE EUROPEAN Commission is opposing the launch of a WTO case by Brazil, Australia and Thailand against EU sugar subsidies, claiming that the a successful challenge would undermine the trade preferences given to Europe’s sugar imports from poorer African, Pacific and Caribbean.…

BY RICHARD HURST
THE SOUTH African tobacco sector is surviving despite the unfavourable conditions imposed by its government and an increasingly hostile marketing environment. Nonetheless, the industry contributes Rand 5.5 billion in excise and tax to the government exchequer, equivalent to a quarter of the nation’s health care expenditure.…

BY MARK ROWE
RUSSIA is to resume imports of Brazilian boneless beef and pork. Russia, a major new market for Brazilian beef exporters, banned purchases from Brazil last December because of concerns over the disease bovine vesicular stomatitis. Brazil says the export herds have been free of the disease for at least one year.…