Search Results for: European Parliament

The European Union (EU) has widened activities that can spark EU sanctions to include so-called ‘hybrid’ threats, such as undermining electoral systems and hacking, which it says are employed by the Russian state and associated Russians. As Ukraine continues to fight a full-scale Russian invasion launched in February 2022, the EU Council of Ministers has approved the legal authority for imposing sanctions on [people and institutions seeking to weaken governance in the EU as it supports the Ukrainian resistance.…

The European micro-states of Andorra and San Marino have signed an association agreement with the European Union (EU), which will more tightly integrate these small countries with the EU’s AML/CFT policies, programmes and legislation (1).

Both the Pyrenees principality (in 2011) and the Italian enclave republic (in 2012) had already struck monetary agreements with the EU, which allowed them to use the Euro and involved commitments to adopt “through direct transposition or possibly equivalent actions…implementing the EU legal acts [on] the prevention of money laundering” (2) (3). …

Taiwan’s sovereignty as the Republic of China may remain unrecognised by all but 12 countries (including the Vatican State) (1), but it is a full member of the Asia/Pacific Group on Money Laundering (APG) and has been making significant progress on AML/CFT.…

Belgium is a beer heavyweight in global markets, and hence a major source of canning demand, with 417 brewers according to the country’s industry association Belgian Brewers, providing nearly 7,000 jobs (1). It is the fifth biggest producer in Europe, producing 2.047 billion litres of beer in 2023, according to the latest European Union (EU) statistical agency Eurostat figures (2).…

India’s Birla Cellulose, a global leader in supplying viscose staple fibre (VSF), is soon to launch an upgraded version of its popular traceability tracking platform, GreenTrack, the company has told Textile 4.0. GreenTrack 2.0 will, among other features, help partner textile brands measure the quantity of fibre used at each stage of their value chain.…

China’s paint and coatings companies are struggling to make headway in a tough domestic real estate market, even though medium-term forecasts remain positive. In the first six months of 2024, the value of real estate sales fell by 26.4% year-on-year. The average prices of deals struck dropped 7%, according to the China Real Estate Information Corp which bases its data on the country’s 100 largest real estate developers.…

The election of Sri Lanka’s new left-leaning President Anura Kumara Dissanayake on September 23 – who campaigned on a ‘clean Sri Lanka’ programme referencing politics as well as the environment) – has built hope for the country’s next mutual evaluation rounds (MER).…

Taiwan’s major packaging and packaging machine industries – with more than 1,000 factories – have been prospering in through proactive service delivery. They have helped the country’s local and overseas packaging value chain in handling and using their goods and services, including eco-plastics.…

New members of the European Commission have been proposed for the next 2024-29 term, starting November 1, with knitwear lobbyists facing experienced hands in the key trade and economy/de-regulation portfolios. Re-appointed Commission president Ursula von der Leyen has nominated Maroš Šefčovič, of Slovakia, as trade and economic security; interinstitutional relations and transparency Commissioner, for example.…

Sri Lanka’s clothing sector is banking on newly elected left-wing President Anura Kumara Dissanayake’s commitment to strengthen the country’s support from the International Monetary Fund (IMF) and fast track debt restructuring to bring stability to the country.

For the country’s export-heavy apparel sector “stability is essential to retain global competitiveness, attract new investment, and sustain jobs,” Sri Lanka’s apparel industry body Joint Apparel Association Forum (JAAF) secretary general Yohan Lawrence, told Just Style.…