Search Results for: Dominican Republic

BY KARRYN MILLER

A STROLL through Myeong-dong, one of Seoul’s busiest shopping districts, gives a good idea of the magnitude of the popularity of South Korea’s cosmetics and skincare industry: according to the Korea Tourism Organisation there are approximately 1,000 cosmetic shops and hundreds of skincare stores within this small quadrant, alone.…

BY MJ DESCHAMPS

BILATERAL trade agreements between European Union (EU) and emerging economies have helped cushion EU plastics moulders and machinery suppliers as more important domestic markets have weakened in recession and the Eurozone crisis.

It is a two-way street: lower priced machinery from China and India has made inroads into EU markets for applications requiring less technologically sophisticated kit.…

BY PAUL COCHRANE, IN BEIRUT; AND MOHAMMED YUSUF, IN NAIROBI

IN late January, oil production and exports came to a halt in South Sudan over a transit pricing dispute with its former overlord north Sudan. With no compromise in sight, the newly independent Africa country is mulling other transport options, but, even if production were to resume, it will be months – at best – before its oil sector gets back on its feet.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers is seeking an agreement with Russia and Belarus that would better coordinate the operation of their electricity systems with those of the three Baltic States: Estonia, Latvia and Lithuania. The council’s working party on energy is drafting a proposal for EU ministers that – if approved – would "authorise the [European] Commission to negotiate an agreement between the Russian Federation, the Republic of Belarus and the European Union on electricity system operation of the Baltic States."…

BY MARK ROWE

ALTHOUGH it has been likened to a 21st century Silk Road, the southern gas corridor is currently making painstaking and troubled progress; inching its way through the political and economic strife that stands between the Caspian Sea and Western Europe.…

BY KEITH NUTHALL

THE INTERNATIONAL Finance Corporation (IFC) of the World Bank has hailed as a success an initiative to simplify the taxation system of the Caucasus republic of Georgia. It is coordinating a Georgia Tax Simplification Project, which recently staged a workshop in the Black Sea town of Batumi, to help import-export companies, consulting firms and brokers exploit reforms in cross-border trade regulations and custom clearance zones.…

STORIES BY KEITH NUTHALL

THE EUROPEAN Union’s (EU) consumer alert network RAPEX has reported that Portugal has relaunched tough action against imported cosmetics it deems a potential health risk. Last year saw a spate of filings from Portugal about seizures and sales bans and Lisbon has now redoubled its efforts this year, with eight products targeted by consumer protection authorities in February alone.…

BY KEITH NUTHALL

EUROPEAN Union (EU) ministers have expressed broad support for tightening rules insisting EU mining companies declare payments made to governments who regulate their mines and processing facilities. EU officials now are confident that these rules will be agreed by a June 30 deadline imposed by heads of government in January.…

BY KEITH NUTHALL

EUROPEAN Union (EU) ministers have expressed broad support for tightening rules insisting EU industrial minerals companies declare payments made to governments who regulate their mines and processing facilities. EU officials now are confident that these rules will be agreed by a June 30 deadline imposed by heads of government in January.…

BY MARK ROWE, IN LONDON; ZLATKO CONKAS, IN NOVI SAD, SERBIA; MIKE STEIN, IN PRAGUE; AND BLAKE BERRY, IN WARSAW

DURING the spring of 2011, the prevailing view throughout eastern Europe’s personal care and toiletries market was that while business was not exactly buoyant, the worst of the recession was over – then came the credit crises and the faltering Euro.…