Search Results for: Caribbean
10 results out of 375 results found for 'Caribbean'.
INTERNATIONAL REGULATORY ROUND UP – BREXIT SPARKS CONCERN OVER RELATED EU IMPORT QUOTA REDUCTIONS
TRADING partners with the European Union (EU) are concerned about the EU cutting the size of low duty import quotas once Britain quits the bloc, which it is scheduled to do on March 28.
The EU has released detailed plans to reduce the amount of some goods it allows into the EU, to take account of Britain exiting the single European market.…
REGULATIONS CONTROLLING SUNSCREEN CHEMICALS START TO EMERGE WORLDWIDE
CONCERNS about the environmental and health damage caused by sunscreen chemicals has started to translate into regulatory action around the world, with the US state of Hawaii being the most high-profile reformer.
Hawaii has imposed a state-wide ban on the sale and distribution within Hawaii of products containing oxybenzone and octinoxate, which are widely regarded as having a harmful impact on coral.…
CARIBBEAN ACCOUNTING SECTOR READY TO HELP REGION ADAPT TO CLIMATE-BASED AND TECHNICAL CHALLENGES
From climate change to digitalisation, there is no shortage of economic challenges facing the small island states of the Caribbean, but the region’s accounting sector has the capacity to manage upcoming change.
For many such financial professionals, being a part of ACCA – which this year will mark its 20th in the region – is integral to progress.…
CARIBBEAN ACCOUNTING SECTOR READY TO HELP REGION ADAPT TO CLIMATE-BASED AND TECHNICAL CHALLENGES
From climate change to digitalisation, there is no shortage of economic challenges facing the small island states of the Caribbean, but the region’s accounting sector has the capacity to manage upcoming change.
For many such financial professionals, being a part of ACCA – which this year will mark its 20th in the region – is integral to progress.…
DUTCH CARIBBEAN UNDER SPOTLIGHT OVER MONEY LAUNDERING CONTROL WEAKNESSES
THE DUTCH Caribbean continues to have a weak reputation for fighting money laundering, and to a lesser extent terror financing, with the US 2017 International Narcotics Control Strategy Report (INCSR) highlighting weaknesses in its three autonomous jurisdictions. See https://www.state.gov/documents/organization/268024.pdf
Aruba, Curaçao and Sint Maarten are ‘countries’ within the Kingdom of the Netherlands, with their own prime ministers, while less populous islands Bonaire, St Eustatius (Statia) and Saba are municipalities, with fewer powers vested in their island councils, and the Dutch government being responsible for enforcing international anti-money laundering and combating the financing of terrorism (AML/CFT) norms.…
INTERNATIONAL REGULATORY ROUND UP – CHINA KNITTED FABRIC EXPORTS HIT BY AMERICAN DUTIES
CHINESE exports of knitted fabrics have been hit by major USA duties in the latest round of tit-for-tat tariffs imposed in the countries’ ongoing trade war. China exported USD470 million’s worth of knitted and crocheted fabrics to the USA in 2017, according to international trade data.…
GASEP TIMELINES SHOULD BE REVIEWED, SUGGESTS SENIOR ICAO OFFICIAL
THE MIDDLE East regional director of the International Civil Aviation Authority (ICAO) has called for a rethink of how the roll-out of the 2017 ICAO Global Aviation Security Plan (GASeP), as member states struggle to meet initial 2020 deadlines for security improvements.…
ASIAN-OWNED GARMENT FACTORIES HELP GROW HAITI’S CLOTHING SECTOR
BY this time next year, there could be as many as 30 garment manufacturing factories that are owned and operated by Asia-based companies in Haiti, according to Georges Sassine, president of the Association des Industries d’Haïti (ADIH).
The Caribbean country has seen an influx of Asian-owned businesses since early 2017 and Sassine said there are presently almost 20 such garment factories in Haiti.…
DOMINICAN REPUBLIC LEADERS HOPE CLOTHING EXPORTS CAN GROW, DESPITE END OF USA ALLOWANCE
THE IMPENDING December 1 expiration of the Dominican Republic Earned Import Allowance Program (DR 2-for-1 or EIAP) has been met with equanimity by the Caribbean country and its manufacturers who hope the trading relationships created by the system can expand.
With the CAFTA-DR (Central America-Dominican Republic-United States Free Trade Agreement) continuing, the Dominican deputy minister of foreign trade Yahaira Sosa said in a recent speech: “Although not everything has gone as planned, regarding… exports and attraction of foreign direct investment (FDI), there are points that deserve to be highlighted.”…
HAITI GARMENT MANUFACTURERS SAY THEY CAN DELIVER EXPANSION, IF THEIR GOVERNMENT DELIVERS STABILITY
GARMENT manufacturing industry insiders in Haiti are optimistic that their sector can continue expanding in size, as long as the Caribbean country’s government delivers economic and social stability. This is not a given in Haiti, which has suffered from serious political instability since the dictatorial regime of former President Jean-Claude Duvalier (called ‘Baby Doc) was overthrown in 1986.…