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The chair of a European Union (EU) study group on the steel sector warned yesterday (Thursday) that without intervention to combat Chinese dumping on the EU market, plus other measures to boost the sector, Europe’s steel industry could fold. “The sector needs intervention or it will collapse,” Mihai Ivaşcu stressed in a July 14 debate at the European Economic and Social Committee (EESC), the EU’s official consultative assembly of employers, workers and other interest groups.…

THE EUROPEAN Union (EU) and China have agreed to strengthen their cooperation on energy policy, signing an EU-China Energy Roadmap, which details joint efforts to boost energy supply, energy infrastructure and market transparency, among other goals. 

This deal includes a special section on fossil fuels.…

FACED with evidence that international charities continue to face restricted access to banks over de-risking concerns, the global AML body the Financial Action Task Force (FATF) voted at its plenary session in South Korea in June to revise its Recommendation 8 and the accompanying Interpretative Note addressing the problem.…

British potash and other industrial mineral producers face a risk that their exports to the European Union (EU) will attract duties should the UK government push ahead with plans to leave the EU following the June 23 Brexit referendum result.

These could be imposed after the two years of mandated talks on a future relationship with the EU following a UK decision to trigger Article 50 under the Treaty on European Union (EU), and Britain fails to strike a free trade agreement with Brussels in that time.…

British non-ferrous metal manufacturers face a risk that their exports to the European Union (EU) will attract duties should the UK government push ahead with plans to leave the EU following the June 23 Brexit referendum result.

These could be imposed after the two years of mandated talks on a future relationship with the EU following a UK decision to trigger Article 50 under the Treaty on European Union (EU).…

New guidelines have been adopted for the control of non-typhoidal salmonella in beef and pork at the Codex Alimentarius Commission, an example of global meat and livestock standards crafted and approved by this influential international organisation. The decision, among many others, came during the 39th annual meeting of the commission, held between June 27 and July 1 at the headquarters of the Food and Agriculture Organisation of the United Nations (FAO) in Rome, Italy.…

Meat product sales in the southern Indian state of Kerala are expected to fall after the imposition of a new 14.5% ‘fat tax’ on western-style fast food items.

“The tax on food products, which are prepared and sold in branded restaurants like burgers, pizza, tacos, doughnuts sandwiches, burger-patties, pasta and bread-fillings and other items, extra tax of 14.5% will be added as a fat tax,” said T M Thomas Issac, Kerala’s communist finance minister in his budget speech in the state assembly on July 8.…

Financial directors whose companies make the most of London being a key centre of cross-border commercial litigation and international arbitration services will have to keep a close eye on how these conflict resolution services may change as a result of Britain quitting the European Union (EU).…

It has been a little over a year since China in April 2015 launched its comprehensive Water Pollution Prevention and Control Action Plan (called the ‘Water Ten Plan’), which has triggered profound changes within the country’s textile dyeing sector. Under the most stringent water policy to date in China, factories were given a maximum of three years to clean up and upgrade equipment for water recycling to avoid a shutdown by regulators.…

South-east Asia is a region that has sharp contrasts in economic development, from between the wealth of Singapore to countries such as Myanmar, where poverty is endemic and consumer markets are relatively undeveloped.

Such contrasts pose challenges for personal care product companies seeking regional strategies to tap the markets of the Association of Southeast Asian Nations’ (ASEAN) 10 countries, whose cosmetics suppliers have to comply with the standards of the ASEAN Cosmetics Directive, which was modelled on European Union legislation.…