Search Results for: Chile

Diversity – a theme very close to Mohamed Irshad’s heart – could not be embodied by a more appropriate person than the affable, youthful-looking 34-year-old head of global internal audit – the Americas, at French multinational Schneider Electric. Irshad is an Indian national who was born and raised in Dubai, studied in India, has lived in Paris and is now based in Canada.…

Word from US President Donald Trump that he may reverse a longstanding position and explore the possibility that the country may join the Trans-Pacific Partnership (TPP) after all, has left the fashion industry – along with much of the American business community – somewhat sceptical, while being supportive.…

BRAZIL’S textile sector would contract, should the country abandon its protectionist policies, however, its added value clothing industry would perform better, an Organisation for Economic Cooperation & Development (OECD) report has concluded.

Noting that average tariffs levels weighted by imports are almost twice as high in Brazil as in Colombia and more than eight times higher than in Mexico or Chile, the report highlighted how around 450 tariff lines are at the maximum of 35%, including textiles, apparel and leather.…

INDUSTRIAL minerals companies need to better manage their communications in an increasingly interconnected world, the CEO of Brazil-based Nexa Resources S.A. told this year’s Prospectors & Developers Association of Canada (PDAC) convention.

In comments echoed by Canadian colleagues, Tito Martins, said he felt that the industry must change the way it engages with an expanding number of potential partners, from local communities and environmentalists, as well as regulators and financiers.…

THE EUROPEAN Union’s (EU) financial watchdog, the Court of Auditors, has highlighted concerns about how Chinese knitwear exporters maybe exploiting loopholes in EU customs and VAT controls to evade paying proper amounts of these taxes.

In a report on shortcomings in EU import procedures, the court noted how Chinese traders were abusing EU customs procedure CP42, which allows an importer to bring goods into one EU member state without paying VAT, because they will be sold in another EU country.…

THE WORLD Trade Organisation’s (WTO) latest ministerial conference in Buenos Aires, Argentina, in December, failed to agree detailed policy for the global body, other than a commitment to negotiate a deal limiting fishing subsidies by next December (2018). A new agriculture agreement covering all food and drink remained elusive, with the USA calling for “plurilateral” agreements of “like-minded countries” going forward, that can be adopted by WTO member states after being concluded.…

NEW Free Trade Agreements (FTAs) signal a promising outlook for the Vietnamese textile industry with tariff concessions providing the biggest stimulus to figures, according to the country’s trade officials.

Attendees at the 17^th Vietnam International Textile & Garment Industry Exhibition, held late last month (November 22-25th) in Ho Chi Minh City, heard the deals will impact significantly on the national textile sector.…

THE CHILE meat and livestock industry has welcomed the launch of talks between the European Union (EU) and the South American country on upgrading the current 14-year old free trade deal between the two jurisdictions.

A first round of talks are expected to begin on Thursday (Nov 16), with the goal of deepening existing agreements, so that they also address non-tariff barriers such as health import controls.…

EUROPEAN Union (EU) member states and the European Commission have agreed to strengthen monitoring and information sharing systems on food fraud, to help prevent the emergence of damaging scandals such as this summer’s Netherlands egg contamination scandal. Rapid common risk assessment procedures are to be created including swift convening of Commission/member state meetings to exchange relevant scientific information.…

THE EUROPEAN Union (EU) planned trade deal with Japan – its sixth most important trading partner – struck in principle at the July 6 EU-Japan Summit in Brussels and set to be operational in 2019, will benefit the EU dairy industry greatly, experts say.…