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The European Union (EU) has committed itself within a new 2024-9 strategic agenda to securing “a competitive, sustainable and resilient” food and drink sector that delivers “food security”. EU heads of government agreed that food producers’ position within the supply chain would be strengthened.…

Free trade zones (FTZ) have long been identified as having potential vulnerabilities for ML/TF/PF. And while they are not a key priority for FATF as it assesses the criteria for its fifth mutual evaluation round (MER5), given FTZs are still growing in number, international concern about their criminal money risks persists.…

Tunisia’s state-owned textile sector technical development unit CETTEX says it has two new quality testing laboratories it says will offer competitive services for the north African outsourcing hub’s textile and clothing industries (1).  

CETTEX (Le Centre Technique du Textile) offers a wide range of analysis for Tunisian textile and clothing manufacturers, saying the new labs will help the sector pivot towards a sustainable development framework, an important consideration for the key European market.…

Since the Hamas-led attack on Israel on 7 October 2023, and the ensuing Israeli war on Gaza, the Palestinian banking sector has been caught in the crosshairs. Meanwhile, Hamas continues to get funding as the war enters its 10th month.

The Palestinian banking sector, overseen by the Palestinian Authority (PA), has been under heightened pressure from the Israeli government following the Hamas-led attacks.…

As intensifying international trade frictions highlight the need for Chinese textile companies to spread their risk by investing in production capacity within diverse global markets, Chinese textile companies are indeed expanding their global footprint. That includes downstream as well as upstream segments.…

Major Indian apparel exporters are awaiting sudden increase in orders expected to move from Bangladesh because of that country’s recent political turmoil. However, a significant sourcing shift by western brands will be limited by constraints in Indian manufacturing infrastructure, Just Style has been told.…

The freezing of Russian assets since the government of President Vladimir Putin invaded Ukraine in February 2022 has prompted western governments to consider seizing that money and property to fund reconstruction of a country ravaged by Moscow’s military aggression. Estimates of the value vary, but there is consensus that the value is at least USD300 billion, with the vast majority being assets from the central bank, the Bank of Russia.…

Vietnam’s clothing and textile industry may benefit from the accession to power of a former security minister, industry experts have told Just Style – although his closeness to Russia has raised concerns about weakening vital western trade links. To Lam was appointed President of Vietnam in April (2024) and general secretary of the ruling communist party earlier this month (August 3), the most powerful job in this south-east Asia sourcing hub.…

University students, politicians and human rights activists in Uganda have condemned the alleged rape, including sodomisation, of 20 university students recently arrested over demonstrating against alleged rampant corruption in the country.
They are collectively calling on Uganda’s government and judicial authorities to thoroughly investigate the allegations that female and male students were raped by police officers while held in police cells.…