Search Results for: Brazil

BY KEITH NUTHALL
A PHD in rocket science is not required to understand that corruption is a problem worldwide. But such a qualification – and more – would be required to devise an effective plan to fight this financial plague. The United Nations’ (UN) is drafting an international convention on corruption and asked a string of experts to write reports to illuminate some issues.…

BY PHILIP FINE

THE UNITED States has offered several trading partners a complete elimination within five years of the tariffs it currently places on textile and apparel imports. US Trade Representative Robert B. Zoellick announced the decision as part of its first offer for the proposed Free Trade Area of the Americas, a trading bloc of the western hemispheric countries (Cuba excluded).…

BY SWINEETHA DIAS WICKRAMANAYAKA
INDIA’S four-day 18th International Leather Fair, in Chennai (Madras), this month (Feb) concluded INDRupees 5,090 million (US$106.8 million) worth of business, said its organisers. Staged at the Chennai Trade Centre, it attracted more than 8,000 visitors, said the Indian Trade Promotion Organisation, of whom five per cent were from abroad, including representatives from 20 countries, notably from Italy, Germany, Spain, Brazil and China.…

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 UNITED States has delayed the establishment of a disputes panel at the World Trade Organisation over Brazil’s complaint about American government subsidies to producers, users and exporters of upland cotton. Washington formally opposed Brazil’s bid to create a panel at a meeting of the WTO disputes settlement body, forcing the Brazilians to make a second application, if they want the case to go ahead.…

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.…

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 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.…

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.…