Search Results for: Brazil

THE EUROPEAN Commission has revised guide prices for a range of poultry imports – if the value of exports exceed these levels, the European Union (EU) can impose additional duties on their sale.

Under the new rules, which should come into force in July, the EU has set a representative price for 100 kilograms of frozen chicken legs coming from Brazil at EUR135, while 100 kg of frozen boneless cuts coming from Argentina have been given a guide price of EUR294; from Brazil EUR220.50; Chile EUR315.70; and Thailand EUR254.60.…

IN 2012, after years of delays, Brazil instated a new money laundering law, finally bringing this economically vibrant and influential country more or less in line with international standards.  Two years later, what difference has it actually made?    

Brazil’s first official money laundering law (Law 9613) was enacted in 1998.…

Global steel transformation giant Bekaert is awaiting a European Commission decision on whether its plans to acquire Pirelli Tyre’s steel tyre cord business can go ahead. Bekaert expects a ruling this month (July) on the USD350 million deal to expand the company’s share of the global market from Brussels’ competition directorate general.…

While Brazilians have been happy with the success of their FIFA World Cup party, the prospects of the country’s confectionery industry are rather more mixed.

Sales of sweet confectionery have been soft as consumers turn away from sugary snacks in favour of healthier snacks.…

Even during the desperate economic times currently afflicting Venezuela, quality personal care products remain vital to its consumers: “Beauty is part of the culture,” said Jean Clauteaux, president of L’Oréal’s Venezuela section. Unlike neighbouring markets, he said a key characteristic of Venezuelan consumers is their strong demand for high-end products.…

A NEW agreement at the World Trade Organisation (WTO) to reduce many of the formalities facing exporters could give fresh impetus to cosmetics companies engaged in world trade, although some business leaders say it was only one of a number of problems they faced.…

THE NEW Japan-Australia Partnership Agreement (JAEPA) agreed on April 8 allows unprecedented access to Japanese markets, but it’s not necessarily only the Australian meat producers who will profit.

This deal lowers the tariffs for frozen beef to 19.5 per cent (a cut of 19 percentage points) over an 18 year period, and for chilled beef to 23.5 per cent over 15 years (down 15 percentage points).…

The Argentine government is continuing to try and boost its anti-money laundering/combatting the financing of terrorism (AML/CFT) systems, but the challenges that it faces, including a large informal economy and porous borders – especially with Brazil and Paraguay, make this a tough task.…

The Argentine government is continuing to try and boost its anti-money laundering/combatting the financing of terrorism (AML/CFT) systems, but the challenges that it faces, including a large informal economy and porous borders – especially with Brazil and Paraguay, make this a tough task.…

SINGAPORE has been working hard to lose its past reputation for lax anti-money laundering (AML) controls.

Its ‘steering committee for combating money laundering and terrorist financing,’ jointly headed by the ministry of home affairs, ministry of finance, and the monetary authority of Singapore (MAS) published the country’s first ‘national risk assessment report’ on money laundering and terrorist financing in January 2014.…