Search Results for: Brazil

Keith Nuthall
CHINA has sought to allay fears that it is dragging its feet over the implementation of liberalisation commitments it made when it was admitted into the World Trade Organisation. It has released explanatory notes to the European Union and Canada, who have raised concerns over the opening of textile import quotas.…

BY KEITH NUTHALL
CHINA has admitted that it has encountered “unexpected difficulties” in setting up low duty import tariffs for wool and cotton. The EU, Argentina, Malaysia and Brazil have said at the WTO’s agriculture committee that while they “understood China’s problems,” they “were also disappointed,” that the January 1 deadline for establishing the quotas was missed.…

BY KEITH NUTHALL
THE EUROPEAN Union has “expressed concern” and “disappointment” over China’s failure to met a January 1 deadline to establish low duty tariff quotas for imports of sugar, palm oil and some other commodities under the terms of its accession to the World Trade Organisation.…

BY PHILIP FINE

GUINNESS UDV is facing federal regulatory scrutiny in the United States after a competitor complained that its Smirnoff Ice TM malt based product misleads consumers, because in the US, it does not contain vodka; the New York State advertising industry’s self-regulatory apparatus has now referred the matter to the US Federal Trade Commission and the Bureau of Alcohol, Tobacco and Firearms after Guinness refused to take part in the review.…

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 EUROPEAN Investment Bank is lending Euro 58 million, (US$50 million), to Vega do Sul S.A., to build a cold-rolling and hot-dip galvanizing plant in São Fernando do Sul, in the state of Santa Catarina, in southern Brazil.…

BY KEITH NUTHALL
BRAZIL has requested formal talks with the United States at the World Trade Organisation to pressure Washington into lifting anti-dumping duties that it has imposed on Brazilian exports of silicon metal.

These were imposed in 1991 and include metal produced by the Companhia Brasileira Carbureto de Cálcio, (CBCC); it has regularly participated in annual administrative reviews of its dumping margin, applying the duties to be scrapped.…

BY MONICA DOBIE
AMERICA’S Kraft Foods Inc. has agreed to sell its Pilar biscuit business in Brazil, to two undisclosed privately held companies in the country, as part of a Latin American restructuring programme that will include three plant closures and 500 job cuts.…

BY KEITH NUTHALL
IT was telling that the first step taken by President Bush against Islamic terror groups following the World Trade Centre disaster was to freeze bank accounts. The international community has now responded by agreeing common controls to stop terror groups laundering funds.…

BY KEITH NUTHALL
A HIGH-LEVEL meeting of the Montreal Protocol controlling ozone-depleting chemicals has reviewed data on the use of CFC’s by developing countries, concluding that while most are in compliance, 25 of 136 had increased their consumption in 1999.

Participants from more than 100 countries took part in the meeting, in Sri Lanka, the latest in a regular schedule which makes THE protocol a dynamic and constantly-changing system of global regulation, rather than a static treaty that could become outdated.…