Search Results for: Colombia

BY LEAH GERMAIN

THE USA’s Under-Secretary of Commerce for International Trade Francisco Sánchez has told just-style he is optimistic about the impact on the American textile and clothing sector of new bilateral trade deals struck by the Obama administration with South Korea, Panama and Columbia.…

BY PACIFICA GODDARD

COLUMBIA’S largest airport has long needed a new long-term development strategy, and it would appear one is coming, with the US government helping with funding. The El Dorado International Airport, servicing Colombia’s capital Bogotá, has in recent years been oversaturated by the growing number of both passengers and cargo, and no longer has the capacity to effectively meet demands.…

BY KEITH NUTHALL

SUPPORT for the imposition of a Eurozone financial transaction tax has been voiced at a hearing of the European Parliament’s economic and monetary affairs committee hearing. Avinash Persaud of Intelligence Capital, Sony Kapoor of Re-Define and Stephany Griffith-Jones of Colombia University all backed the tax for sourcing revenue from high frequency traders and intermediary financial players, and not what they regarded as "the real economy".…

BY JAMES FULLER

IF evidence were needed to show how globalised the confectionery sector has become – then look at the row between Ecuador and the European Union (EU) over possible EU controls limiting levels of toxic metal cadmium in cocoa powder and chocolate.…

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 KEITH NUTHALL

THE EUROPEAN Commission has confirmed it is scrapping sugar production quotas across the European Union (EU) in 2015 when proposing a comprehensive reform of the EU’s Common Agricultural Policy (CAP). There have been calls from some member states and MEPs for the quota regime to be renewed, but the Commission has stuck to its guns and will continue with abolition.…

BY KEITH NUTHALL

Talks between Mexico and China at the World Trade Organization have failed to resolve a dispute over Mexico’s claims that China is illegally subsidising its textile and apparel producers, the Mexican government has told just-style. A spokesperson for Mexico’s ministry of economy said the two days of WTO consultations did not result in a settlement, opening the way for Mexico to request a WTO dispute panel to rule on its claims.…

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 WORLD Bank has called on Latin American and Caribbean countries to reform their aviation systems and technology to boost predicted slow growth of air freight. A report predicts cargo traffic between the Latin America/Caribbean and the United States – the most important destination market – will grow 5.8% annually between 2010 and 2027.…

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.…