Search Results for: International Law⊂mit=Search

BY KEITH NUTHALL
A EUROPEAN Commission investigation has decided that the transfer of pension obligations for Belgian telecommunications company Belgacom’s statutory employees to the Belgian government does not involve the payment of an illegal subsidy. In a state aid inquiry, the Commission found that the transfer is financially neutral because in exchange for transferring its pension obligations, Belgacom pays the Belgian government funds that match their costs.…

BY KEITH NUTHALL
THE EUROPEAN Commission is trying to temper the zeal of the US government’s bid to have oversight of non-American public accounting firms, calling for a lighter touch, with more respect for European Union (EU) laws and mutual assistance for the monitoring of US audit firms.…

BY KEITH NUTHALL
A COALITION of major business groups has filed an amicus brief at the United States Supreme Court, calling on it to “clarify” the USA’s 1789 Alien Tort Statute, which they claim is being abused by special interest groups.…

BY PHILIP FINE

PATRICK Graham has been elected chairman of the 2004 Board of Directors of Airports Council International-North America (ACI-NA). Graham, who will oversee a 22-member board, is executive director of the Savannah/Hilton Head International Airport.

ENDS…

BY SWINEETHA DIAS WICKRAMANAYAKE
THE INDIAN bottled water industry should be standardised, to consolidate its current runaway growth, the secretary general of the Asian Bottle Water Association has said. Ms Ita Thaher said that the bottled water sector in India is too unorganised and that more focus is required on product development, quality control and marketing for an industry she values at IND Rupees 10 billion, growing at 60 per cent annually.…

BY KEITH NUTHALL
CUBA has asked the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) to relax a ban on trading its American Crocodile population, which offers commercial quality leather hides. American Crocodile skin leather is high quality, pliable, and decorative.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) and Japanese-owned Sumitec International are creating a US$45 million facility, providing lease financing for Russian companies expanding or modernising construction equipment. The scheme will focus on Siberia and other far-east regions of Russia, which – said the bank – “are currently under-serviced by the leasing industry.”…

BY KEITH NUTHALL
THE OFFICE International des Épizooties (OIE) is concerned about over-reactions from beef importing countries to BSE outbreaks. Looking at the recent USA case, the OIE opposes resulting blanket beef bans, saying only the trade in specified risk materials and animals should be blocked.…

BY KEITH NUTHALL
THE OFFICE International des Épizooties (OIE) has intensified calls for beef importing countries to refrain from over-reacting to BSE outbreaks. Looking at the recent USA infection, the OIE said it opposes resulting blanket beef bans, saying only specified risk materials and animals should be blocked.…

BY KEITH NUTHALL
THE EUROPEAN Union should tread warily in moves to create a European body of contract law, lest it damage the health of the continent’s cross-border trade, the International Chamber of Commerce (ICC) has warned. Speaking at a European Commission workshop, ICC specialists advised against framing detailed regulations, arguing that existing contractual law works well, especially when international contract models are used.…