Search Results for: Chile

BY KEITH NUTHALL

THE EUROPEAN Union (EU) is to further reduce its maximum rates for mobile roaming tariffs from July 1, and also introduce cap EU mobile data service charges for the first time. Under a deal struck between the European Parliament and the EU Council of Ministers, these would cost no more than Euro EUR0.70 cents from that day, with the cap falling to EUR0.45 cents in 2013 and EUR0.20 cents in 2014.…

BY MJ DESCHAMPS

FROM fabrics that moisturise and kill bacteria to bizarre weather and media scandals, the global style sector in 2011 certainly had its share of unusual news and unpredictable developments.

The year started off with the backlash of December’s massive snowstorms disrupting post-Christmas shopping along the northern east coast in the US, causing an abrupt halt to a two-month spending spree which began at the beginning of November 2010.…

BY NADJA DROST

AMIDST a global gold rush spurred on by historically high prices, Colombia, with vast tracts of unexplored gold deposits, is emerging as a major source of the precious metal.

But Colombia’s gold boom is providing the country’s numerous illegal armed groups with sundry new ways to finance their wars as well as launder their ill-gotten profits.…

BY NADJA DROST

THE COLOMBIAN government’s Financial Intelligence Unit (UIAF) is asking that all gold buyers, refineries, exporters and importers in the South American country be legally required to report to the agency, in order to better detect suspicious financial activity.…

BY KEITH NUTHALL

THE EUROPEAN Commission has launched a Euro EUR1.5 million study into concerns that European Union (EU) animal welfare and food safety rules could harm the global competitiveness of EU meat and other livestock sectors.

Brussels has asked research teams to bid for a major study comparing compliance costs for EU and non-EU country meat producers.…

BY MJ DESCHAMPS

THE UNITED States Trade Representative has proposed a ‘yarn forward’ rule within negotiations for Washington to join the Trans-Pacific Partnership (TPP) Agreement, to protect the US textile industry from Vietnam’s state-subsidised textile enterprises. America and Vietnam want to join the TPP, currently including Brunei, Chile, New Zealand and Singapore.…

BY MJ DESCHAMPS

THE UNITED States garment industry is supporting a "yarn forward" rule of origin proposed by the US Trade Representative (USTR) during the latest round of the Trans-Pacific Partnership (TPP) Agreement negotiations. Both the US and Vietnam want to join the TPP trade agreement, which currently includes Brunei, Chile, New Zealand and Singapore.…

BY MJ DESCHAMPS

United States House of Representatives members linked to the textile industry are urging USA Trade Representative (USTR) Ron Kirk in a letter received yesterday (June 1) to ensure an proposed expanded multi-lateral Trans-Pacific Partnership (TPP) free trade agreement does not flood American markets with Vietnamese clothing.…

BY PACIFICA GODDARD

LATIN America is proving to be one of the most intriguing and exciting markets globally for beauty and personal care products. "The Latin American cosmetic market grew 20% in 2010, so now it is a market of US dollars USD64 million – almost as big as the north American market," said Mr Jaime Concha Prada, who recently served as president of CASIC, the Chamber of the Latin American Cosmetics Industry.…

BY KEITH NUTHALL

BRAZIL and Argentina are among almost 100 countries expected to lose tariff breaks for their cosmetics exports to the European Union (EU), under a planned reform of the EU’s Generalised System of Preferences (GSP) system. The European Commission wants to focus import duty concessions on poorer countries and so those regarded by the World Bank as high-or-upper middle income states would no longer qualify from January 2014.…