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DIGITAL production technologies could help African manufacturers pick up business lost by Chinese rivals because of the trade war in the USA, with brands looking to take advantage of the free trade agreements that many African countries have with the USA and Europe.…

Centre right members of the European Parliament’s special committee on financial crimes, tax evasion and tax avoidance (TAX3) have hit out at the 18 EU member states, that offer citizenship or residence in exchange for investments. The MEPs, members of the European People’s Party (EPP), spoke out November 14 as the committee handed down a draft report*, with findings and recommendations, including phasing out such rights.…

THE DRAFT Brexit agreement that has caused political controversy in the UK, but which the European Union (EU) insists is its final offer, would – if approved – see many EU environmental regulations stay in force within Britain, for the foreseeable future.…

THE IMPENDING December 1 expiration of the Dominican Republic Earned Import Allowance Program (DR 2-for-1 or EIAP) has been met with equanimity by the Caribbean country and its manufacturers who hope the trading relationships created by the system can expand.

With the CAFTA-DR (Central America-Dominican Republic-United States Free Trade Agreement) continuing, the Dominican deputy minister of foreign trade Yahaira Sosa said in a recent speech: “Although not everything has gone as planned, regarding… exports and attraction of foreign direct investment (FDI), there are points that deserve to be highlighted.”…

The recent sight of a Chinese internet celebrity in a milking parlour in Limerick could be a hint of what the future holds for Ireland’s increasingly international dairy industry. Xiao Lu Yu, one of the ‘influencers’ who monetise Chinese social media (see https://m.weibo.cn/status/4279583182420503…

TIME was when dairy farming in Ireland was a family affair, with smallholdings and local dairies predominant. But those days are long gone. The Irish dairy sector is now big business, not just on Republic of Ireland’s 4.8 million population, but also overseas, with big brands targeting foreign markets.…

Egypt’s anti-money laundering AML regime is being undermined by the lack of an independent judiciary and the economically-active military increasingly above the law, despite reforms to the law governing an Administrative Control Authority charged with curbing corruption.

Another concern voiced by AML experts is the weakening of Central Bank of Egypt’ independence under the government of strongman President Abdel-Fattah Al Sisi, a former field marshal.…

The latest edition of the biannual China International Trade Fair for Technical Textiles and Nonwovens (Cinte Techtextil China), held September 4-6, in Shanghai, showed how Chinese manufacturers are more than holding their own in these technically demanding markets.

The fair, a spin-off from the Techtextil show in Germany, attracted a diverse range of some 500 exhibitors from around 20 countries, covering 12 different application areas with protech, mobiltech and geotech, spanning wovens, knits and nonwovens, arguably being most prominent. …

A new report from Transparency International has found that only 11 major exporting countries in the world significantly punish companies that pay bribes abroad. The report, called ‘Exporting Corruption’, also found that more than half of world exports come from at least 33 jurisdictions, including several European Union (EU) member states, where companies that export corruption along with their goods and services face weak consequences. …

THE CONTINUED vulnerability of European Union (EU) revenue collection and spending to fraud has been brought into sharp relief by a new European Commission statistical analysis on financial crime.

That said, a working paper noted that in terms of revenue through external import duties (called ‘own resources’ in EU jargon) detected fraud cases involving EUR10,000 or more alone in 2017 indicates losses have been falling – but still to EUR76 million.…