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THE RULING council of the International Cocoa Organisation (ICCO) is preparing to agree major reforms to the International Cocoa Agreement, which should see the agreement increase its commitment to boost sustainability in the chocolate sector.

Council members are considering final changes committing the ICCO to ensuring that cocoa production, processing and manufacture is socially, economically and environmentally sustainable.…

WITH an estimated annual growth of 15% regarding Pakistan’s future digital textile printing business, according to (WHO?), the sector’s outlook is positive, notably because of increasing digitally printed textile exports.

This growth has continued in the past 18 months, despite Covid-19, with more than a million cases as of July, albeit with a low confirmed death rate of 23,500 from its 225 million population.…

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In a global textile and clothing market that is increasingly integrating design with functionality, the potential of luminescent yarns is becoming ever more apparent. The focus of groundbreaking research and development, there is widening diversity in this segment from luminescent coatings on yarns to those that integrate LEDs (light-emitting diodes).…

Analysed USA trade data from the professor who coined the phrase ‘trade-based money laundering’ have unveiled significant abnormal pricing in exports and imports to and from the USA, which could have been abused for ML. Prof John Zdanowicz, a business professor at the USA’s Florida International University, and long-standing TBML expert, shared analysed 2020 US trade data with MLB, and they include some eye-widening anomalous valuations.…

The Swiss Federal Council’s (Switzerland’s cabinet) May 26 unilateral decision to end seven years of negotiations on a new agreement to govern future relations between Switzerland and the European Union (EU), citing sovereignty concerns (1), closes the door on attempts to ensure the country has a formal link with EU AML/CFT legislation.…

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TEXTILES and clothing manufacture and sales are all about leveraging resources, from creative talent to quality materials and sophisticated technology. So, enterprise resource planning programmes (ERP) have been attractive for the past 20 years or more and have become an increasingly important tool of manufacturers and brands.…

INTRODUCTION

In a highly technical textile sector segment such as the manufacture of compressed garments, the use of detailed standards to guide production is not just useful in guaranteeing quality output, it can help manufacturers and brands’ marketing. Where products are associated with international, regional, national and private standards, this builds confidence in consumers, promoting sales.…

AMERICAN automobile designers and marketers need to take a serious account of China’s nationalistic ‘guochao’ trend to buttress sales and protect their market share against strengthening all-Chinese marques, industry experts are warning.

Guochao, which literately translates as ‘national tide’, has seen Chinese companies conquering domestic market shares from foreign rivals in sectors from a wide range of sectors that have long been dominated by international brands, from cosmetics and fashion, yes, to cars.…

A trade war over airplane manufacturing subsidies between the USA and UK, which has led to 25% additional duties being levied on British knitwear exports to America, appears to have been resolved. The EU and the USA have suspended for five years retaliatory duties that both sides have imposed on each other’s exports in the long-running ‘Airbus’ subsidy dispute.…

A novel global taxation system under discussion at the G7, G20 and the OECD will raise minimum tax thresholds for drinks multinationals. However, only a handful are large enough to fall under a rule forcing them to pay tax in all their major markets rather than tax havens or their parent company base.…