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FINALISING OF BREXIT AGREEMENT ALLOWS FOCUS TO TURN ON HOW USA EXPORTERS MAY TAP UK AND EU THROUGH NEW TRADE DEALS



THE STRIKING of a trade agreement between the European Union (EU) and a UK to pave Britain’s final and full exit from the EU from January 1 has offered US auto exporters opportunities to boost sales to the UK, but with some significant challenges, say experts.…

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CHINA SLOWS EXODUS OF FABRIC MANUFACTURERS TO SOUTH AND SOUTH-EAST ASIA – BUT REVERSAL MAY NOT LAST SAY EXPERTS



The onset of the Covid-19 pandemic sparked predictions that the shift of textile industrial capacity from China to lower cost neighbouring countries could intensify, but analysts talking to Twist International say the trend may have stalled in the past year. While production capacity of China’s textile industry has indeed in recent years shifted to south and southeast Asia, some of these transfers have not run smoothly.…

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ANGLO-CARIBBEAN OFFERS RIVAL CIGAR PRODUCTION TO CUBA, NICARAGUA AND DOMINICAN REPUBLIC



THE REPUTATION of the Caribbean’s major cigar production centres – Cuba, the Dominican Republic and Nicaragua – has dominated global markets for years. But the entire region’s balmy and moist climate and rich soils are ideal for growing cigar wrapper and filler leaf.…

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TOBACCO INDUSTRY FACES MAJOR PLANNED TIGHTENING AND EXPANSION OF EU CHEMICAL REGULATION



THE TOBACCO industry will be keeping a close eye on the latest set of reforms to the European Union’s (EU) chemical control legislation, which will impose new controls on accidental chemical mixtures, products incorporated chemicals and will change the tobacco products directive (TPD).…

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EU/UK BREXIT DEAL INCLUDES BENEFICIAL OWNERSHIP AND ML CONFISCATION PROMISES



THE EUROPEAN Union (EU) and the UK have committed in the Brexit trade agreement agreed on Christmas Eve to work together to seize illicit funds and property tainted with money laundering and terror finance.

These commitments have been made within the 1,256 page deal, which also commits both sides to “ensure that internationally agreed standards in the financial services sector for regulation and supervision, for the fight against money laundering and terrorist financing… are implemented and applied in their territory.”…

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THE NEW SUDAN: A CROSSOVER INTO PROSPERITY



THE ARAB Spring has had a mixed record of success as regards liberalization, but one recent bright spot has been the revolution in Sudan, which in 2018 and 2019 swept away 30 years of despotism under former President Omar al-Bashir. This rebellion, notable for its active nurturing by professional classes, has so far spawned a sustainable ‘Sovereignty Council’ government committed to democracy.…

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OP-ED: BOREDOM OPENS THE DOOR TO ISOLATION, DEPRESSION, AND TERRORISM – SO OFFER ALTERNATIVES



WHEN governments talk about how to reduce the risk of terrorism, the most oft-voiced policies are security-based: detecting and cracking down on extremist cells and targeting online propaganda.

But the reality is that a more effective way of reducing societies’ exposure to criminal groups seeking to achieve political ends through violence and fear is simply to make regular life more interesting.…

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ARAB ART CAN INSPIRE MILLIONS – GOVERNMENTS NEED TO MAKE IT HAPPEN



IT is not easy to make a living as a fine artist. So many talented painters, sculptors, illustrators and engravers pay their bills through teaching, and indulge their creativity as a sideline. Others move into commercial graphic design where their scope is confined by the demands of selling products, contrasting with the unbound freedom of imagination enjoyed by the independent artist.…

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AfCFTA TO BENEFIT AFRICA’S GARMENT AND TEXTILE SECTOR IN THE LONG-TERM



The newly implemented African Continental Free Trade Area (AfCFTA) is expected to have minimal positive impact in the short term for the continent’s garment and textile manufacturers. The FTA, which came into force at the start of the year and brings together 1.3 billion people in a USD3.4 trillion economic bloc of 54 African countries, a January 1 formal implementation date that was delayed by six months due to the Covid-19 pandemic.…

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BIDEN ADMINISTRATION AMERICAN TRADE POLICY CHANGES BUILD ON RATHER THAN REVERSE TRUMP LEGACY



Former US President Donald Trump may be out of office, but the first initiatives of the new administration of President Joe Boden have been to encourage the American manufacture of clothing and textiles, just in a different way from his predecessor.…

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