Search Results for: Caribbean

BY KEITH NUTHALL

A CONTROLLED opening of Arctic fisheries made more accessible because of the steady retreat of polar ice through climate change has been called for in a European Commission policy paper.

It wants "a regulatory framework for [those] Arctic high seas not yet covered by an international conservation and management regime before new fishing opportunities arise," saying no fisheries should be opened for any country until such controls are established.…

BY PHILIPPA JONES, DOMINIQUE PATTON and LUCY JONES

The growth in outsourcing within the clothing and textile sector worldwide has highlighted a key issue, and that is the relative merits of running an integrated company that handles basic production and design, or relying on a string of specialist suppliers to deliver the goods, from fibre supplies, to textile manufacture, design, clothing assembly and retail.…

BY KEITH NUTHALL

THE INTERNATIONAL Finance Corporation (IFC) of the World Bank making a very tangible contribution to the growth in world trade at a time of global recession by lending US$300 million to help expand the Panama Canal. This 20-year financing will support a US$5.25 billion project to double the canal’s capacity to more than 600 million Panama Canal tons, allowing it to handle large post-Panamax container ships that have become the new industry standard.…

BY KEITH NUTHALL

EUROPEAN Union (EU) ministers have approved import quota and tariff levels for cane sugar shipped from India until 2009. The deal has been written into the EU’s sugar agreement with African, Caribbean and Pacific (ACP) states.

http://register.consilium.europa.eu/pdf/en/08/st14/st14962.en08.pdf

ENDS…

BY KEITH NUTHALL

THE WORLD Trade Organisation (WTO) has again censured the European Union (EU) for failing to comply with global trading rules on its long running banana dispute with the USA and Latin America. An appellate panel of the WTO disputes settlement body found the EU’s discriminatory regime favouring the import of Caribbean and African bananas over central and south American fruit does illegally harm American fruit companies: "it nullified or impaired benefits accruing to the United States" under the WTO’s general agreement on tariffs and trade (GATT).…

BY KEITH NUTHALL

THE WORLD Trade Organisation (WTO) has again censured the European Union (EU) for breaching global trading rules on its long running banana dispute with the USA and Latin America. An appellate panel of the WTO disputes settlement body found the EU’s discriminatory regime favouring imports of Caribbean and African bananas over central and south American fruit illegally harms American fruit companies.…

BY PAUL COCHRANE

THE SEPTEMBER 11, 2001 attacks on the US resulted in a raft of regulations to curb terrorist financing, but seven years on Al Qaeda is still at large, has adapted to the new regulatory environment to raise funds, and morphed into an international terrorist Hydra.…

BY KEITH NUTHALL

BANANA and banana product importers cannot sue the European Union (EU) for its alleged failure to abide by its World Trade Organisation commitments through giving special EU market access to Caribbean and African producers, the European Court of Justice has ruled.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) has challenged rulings by a World Trade Organisation’s (WTO) disputes settlement panel that it is breaking WTO rules simply by having a preferential tariff regime favouring Caribbean and African banana exporters over those from Latin America.…

BY KEITH NUTHALL

A MAN-MADE ecological disaster that almost destroyed a fishing industry is now being reversed. The northern Aral Sea – once a shallow saline remnant – is now growing again, boosting fish production. Excess irrigation shrank central Asia’s Aral Sea by 70% from 1960 to 2004, and its level dropped about 20 metres, splitting it in two in 1990: a small Northern Aral Sea entirely within Kazakhstan and a large Southern Aral Sea, shared by Kazakhstan and Uzbekistan.…