Search Results for: International law

BY KEITH NUTHALL
IMAGINATIVE fraudsters have issued a fake insurance policy in the name of the International Chamber of Commerce (ICC), which claims to protect businesses against losses caused by an earlier false ICC insurance guarantee. ICC officials this summer warned businesses against accepting deals underwritten by a counterfeit ICC “4081 Letter of Insurance Guarantee.”…

BY MONICA DOBIE
LONGSTANDING Canadian meat traders have vowed not to ship to Cuba in future because the Caribbean island dumped them for American competitors.

The switch followed an agreement in November 2001 by Fidel Castro to buy agricultural goods from US companies, following a hurricane that ravaged his country.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is lending Russian oil company Lukoil US$150 million to fund participation in the development of Kazakhstan’s oil, gas, and condensate field. The money will also help fund a 635-km connecting pipeline to the Caspian Pipeline Consortium’s infrastructure, which will transport the oil to the Black Sea.…

BY KEITH NUTHALL
THE EUROPEAN Commission is exploring alternative conservation methods to protect EU cod after the independent International Council for the Exploration of the Sea recommended closing some EU cod fisheries to prevent stocks collapsing.…

BY ALAN OSBORN
THE EUROPEAN Commission has – somewhat grudgingly it appears – called off its investigation into alleged market sharing agreements between the large international brewers Carlsberg of Denmark and Heineken of the Netherlands. Brussels said it found no evidence that the suspected infringement continued after May 1995 and noted that under EU rules it had no power to fine companies where abuses could not be proved in the five years preceding the start of an investigation – in this case 2000.…

BY ALAN OSBORN, in London, PHILIP FINE, in Montreal, and MATTHEW BRACE, in Sydney

WITH a new crackdown on counterfeiting being prepared by the

European Commission, some industry watchers will be surprised to hear that soft drinks is one the sectors that Brussels thinks needs close attention.…

BY KEITH NUTHALL
A PROPOSAL to liberalise the global trade in artificially propagated orchids been approved by the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). Its member governments – meeting in Santiago, Chile – exempted six species from trade controls.…

BY KEITH NUTHALL
A RESTRICTED trade in wool from captured wild vicuna in Argentina, Bolivia and Chile has been approved by a conference of parties to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).

The United Nations (UN) convention’s members agreed in Santiago, Chile, to lift a ban in trading these small beasts “for the purpose of allowing international trade in wool sheared from live animals…bearing the label vicuna Argentina, Bolivia or Chile.”…

BY KEITH NUTHALL
THE EUROPEAN Commission has approved Germany’s controversial Euro 647 million state aid injection to TotalFina Elf subsidiary Mitteldeutsche Erdöl Raffinerie for constructing the Leuna 2000 refinery in Saxony-Anhalt. Brussels had re-examined the project and has now cleared all aid, including Euro 61.4 million, which had been blocked pending the decision.…

BY KEITH NUTHALL
THE ORGANISATION for Economic Cooperation and Development (OECD) has launched a review of its guidelines on corporate governance, to assess how they might be reformed in the light of the accounting scandals that have dogged the US recently.…