Search Results for: Colombia

COSMETICS and personal care product labelling and decoration continues to play a key role in differentiating brands on the shelf and creating an experience for the consumer. While many companies are moving towards more simple, clean looks, other higher-end brands still prefer eye-catching, metallic designs.…

THE UNITED States Trade Representative (USTR) has highlighted its continuing concern about intellectual property rights violations in the pharma sector, citing claims that 20% of medicines sold in India are fakes.

In its annual ‘Special 301 Report’, the USTR said it notes “its particular concern with the proliferation of counterfeit pharmaceuticals that are manufactured, sold, and distributed in trading partners such as Brazil, China, Guatemala, India, Indonesia, Lebanon, Peru, and Russia.”…

Spanish distributors and publishers have been busy meeting with Argentine buyers at the 42nd Buenos Aires International Book Fair, as Argentina’s new centre-right government lifting of import restrictions and a looming economic recovery improves the potential for sales. “Argentina is the new hotspot in Latin America,” Fernando López Daza, manager of Época Distribuciones, a Madrid-based distributor, said at the fair, which is being held from April 21 to May 9.…

Argentina’s automotive industry is poised for a rebound in 2017 after production slumped by 38% over the past four years, say experts encouraged by the performance of the country’s new government.

“We see Argentina’s car market turning the corner now,” said Neil King, the London-based head of automotive research at Euromonitor International, a research firm.…

As the European Union (EU) dairy industry continues to face challenges, it is calling for EU institutions and member governments to have a greater focus on resolving Russia’s ban on EU agricultural goods, while continuing to open up new markets. In the meantime, the Russian ban has not helped an oversupply problem that is depressing prices.…

THE ONGOING legalisation of marijuana in the United States and Canada offers the tobacco industry some significant opportunities. This includes both increased consumption and also investment in tobacco sector suppliers such as vaporiser manufacturers.

As of this March, the US states of Colombia, Washington and Alaska had also legalised recreational use of marijuana and Oregon is well on its way to full legalisation.…

Colombia is appealing a World Trade Organisation (WTO) decision that it broke its WTO global trading commitments regarding taxing the imports from Panama of textiles, as well as apparel and footwear.

The WTO’s disputes settlement body (DSB) ruled in November that Colombia’s compound tariff, made up of a 10% ad valorem component and a specific component that varied according to the import value and customs classification of these products, was too high.…

Back in March 2014, a Hong Kong businessman named Joseph Lau Luen-hung was sentenced in absentia to five years and three months in prison by Macau’s Court of First Instance.

Lau had been found guilty, along with along with fellow businessman Steven Lo Kit-sing, of money laundering and paying a Hong Kong dollars HKD20 million (USD2.5 million) bribe to Macau’s former secretary of public works, Ao Man Long, who is himself serving a 27-year jail term (for bribery charges).…

While January 6 (2016) was a big day for Chile’s fight against money laundering, with a major money laundering case drawing to close, there is concern that the country’s anti-money laundering (AML) efforts are actually weakening.

After eight years of investigation, Santiago’s 34th Criminal Court handed down the first sentence against eight individuals in the country’s largest ever money-laundering cases.…

European Union (EU) beef farmers have called for help finding new markets to make up for the loss of exports to Russia in the wake of the crisis over Ukraine.
Jean Pierre Fleury, chairman of EU farm and livestock producer association Copa-Cogeca’s beef working party, has issued a plea to the European Commission, calling on it “to take urgent action to improve the EU beef market situation.”…