Search Results for: Colombia

BY KEITH NUTHALL
ECUADOR, Colombia, Costa Rica, Panama, Honduras and Guatemala have launched disputes proceedings at the World Trade Organisation opposing planned European Union duties on their banana exports from 2006, when current quotas are scrapped. Caribbean producers will pay lower tariffs.…

BY KEITH NUTHALL
ECUADOR, Colombia, Costa Rica, Panama, Honduras and Guatemala have launched disputes proceedings at the WTO opposing the planned level of EU duties on their banana exports from 2006, when the current quota system is scrapped. Caribbean producers will pay lower tariffs.…

BY LIZ HALL
A PROFUSION of family-run businesses, corrupt and under-resourced authorities and low wages has traditionally meant much commercial crime goes undetected in Latin America. But the tide is turning, with more and more companies unwilling to turn a blind eye to fraud, bribery and counterfeit goods production.…

BY ALAN OSBORN

ONLY comparatively recently have the world’s anti money laundering agencies come to grips with alternative remittance systems (ARS) and even today the scale of the systems and the degree of infiltration by criminals is still not fully known.…

BY LIZ HALL, in Alicante

SINCE March 2005, Operation White Whale, an extensive international anti-money-laundering operation spearheaded by the Spain’s National Police (the Policia Nacional), has produced the arrest of 57 people and the laundering of at least Euro 250 million euros obtained through illegal drug trafficking, according to Spain’s Interior Ministry (Ministerio del Interior).…

BY KEITH NUTHALL
THE FIRST counterfeiting press for Euro banknotes uncovered in Latin America has been seized by Columbian police, working with Interpol, who netted 54,400 forged 100 Euro notes, 104,700 fake US dollars and a lithograph machine in Bogota, the capital.…

BY KEITH NUTHALL
THE DOMINICAN Republic heads the list of countries granted low rate tariff quotas by the USA for sugar and sugar-containing product imports made in 2004-5. It has been allocated a 185,335 tonne quota, followed by Brazil with 152,691 tonnes and Philippines, 142,160.…

BY KEITH NUTHALL
AN ATTACK has been made on the United States, European Union (EU), and other textile importing jurisdictions for waiting until the last minute to abolish most restrictive quotas under the World Trade Organisation’s (WTO) Agreement on Textile and Clothing.…

BY KEITH NUTHALL
NOBODY likes to be on a blacklist, especially one written by the American government. But every year, the US state department issues a comprehensive rogues gallery of countries involved in the narcotics trade and related criminal problems. One surprising entrant: the United States.…

BY MARK WILSON
AWASH with recently-passed legislation and newly-established Financial Investigation Units, the small nations of the Caribbean have transformed their money laundering controls since the mid-1990s. In 2000, five Caribbean island jurisdictions made up one-third of the Financial Action Task Force (FATF) list of fifteen non-cooperative countries and territories, each of them with ‘serious systemic problems,’ in the words of a FATF review published on June 22 of that year.…