Search Results for: Caribbean

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 STEVEN SWINDELLS

SOUTH African restrictions on the import of Chinese textiles and clothing have not come to the rescue of the country’s ailing textile sector as effectively as had been hoped, Brian Brink, executive director of South African industry group Textile Federation (Texfed), has told just-style.…

BY KEITH NUTHALL

THE WORLD Trade Organisation’s (WTO) Doha Development Round negotiations appear to have broken down after nine days of tough, but ultimately fruitless negotiations, WTO officials told just-food.com. Diplomats were at 6.30pm GMT filing into a meeting of the WTO trade negotiations committee, expected to decide what happens next.…

BY KEITH NUTHALL

AN END to the world’s longest international trade dispute – over banana and banana products – was close to being solved at the World Trade Organisation (WTO), but then the deal just slipped away. At the July ministerial meeting in Geneva that tried and failed to secure agreement over the Doha Development Round of trade liberalisation negotiations, a deal was struck between European Union (EU) and Latin American banana producers to cut the EU’s import duty to Euro 114 (US$179) a tonne by 2016 for so-called dollar bananas from Latin America, after an initial cut to Euro 148 in 2009 from Euro 176 now.…

BY JAMES FULLER

MANY nations have has to review their anti-terrorist financing systems and laws since the September 11 attacks in America, with its implications stretching around the world, even to regions usually untouched by political terror, such as the Caribbean.…

BY MARVIN HOKSTAM

WHEN aviation executives gathered in Sint Maarten for the eighth Airports Conference of the Americas (July 20-22, 2008), not even the cosy Caribbean atmosphere could change their gloomy disposition on their industry. With rising fuel costs, out-of-control energy bills, airline capacity shortages and the effects of terrorism’s relentless onslaught in travel, aviation has no shortage of challenges; the officials acknowledged that there is no quick fix to their problems, so their discussions centred on alternatives.…

BY SUZANNE KOELEGA and JUHEL BROWNE

"CASINOS are an important part of the development of the Caribbean tourist sector, yet they hold a particular attraction to money launderers. Casinos provide the venues for large flows of cash, which launderers can utilise to disguise the true origins of their criminal proceeds."…

BY KARRYN CARTELLE

AUSTRALIA is currently ranked as the eighth largest market in the world – third largest within the Asia-Pacific region after Japan and Hong Kong – in terms of its total stock market capitalisation of AUD$1.63 trillion (USD$1.53 trillion) in 2007 (World Federation of Exchanges figures).…

BY KENCHO WANGDI, in Thimphu, Bhutan; JUHEL BROWNE, in Port of Spain, Trinidad; BILL CORCORAN, in Johannesburg; and KEITH NUTHALL

THE RISING price in oil has hit the prosperity of many companies, communities and countries, but it is the world’s poorest people, living in what the United Nations calls least developed countries that are suffering the most.…

BY KEITH NUTHALL

EUROPEAN Union (EU) and USA have bought themselves more time to resolve the long-running banana trade dispute that has been subject to World Trade Organisation (WTO) disputes procedures since 1996.

They have agreed with WTO officials to postpone the adoption of a ruling branding the EU a scofflaw over its favouring the import of African, Caribbean and Pacific (ACP) bananas over those exported from central and south America, usually by US firms.…