Search Results for: International business⊂mit=Search

BY SWINEETHA DIAS WICKRAMANAYAKE, in Columbo, Sri Lanka, and KEITH NUTHALL
ELECTRONIC devices and double fencing with increased strong points are to be installed at Sri Lanka’s Bandaranaike International Airport to strengthen perimeter security, following the devastating recent attack by Tamil Tiger guerrillas.…

BY KEITH NUTHALL
THE EUROPEAN Union has taken clear steps towards the adoption of a law, which would compel the freezing of assets in any of its member countries because of a court order issued in any other EU state. This regulation covers “the transfer of property to be used as evidence, for the purpose of confiscation or for restitution to the victim of an offence.”…

BY RICHARD HURST, in Johannesburg
THE AIRPORTS Company of South Africa has warned that its profitability could be threatened by a slump in the number of international airlines flying into the country, as the boom in travel that greeted the onset of majority rule wears off.…

BY KEITH NUTHALL
A LEGALLY binding international convention against corruption is to be forged by the United Nations, following agreement by representatives of 95 states on the terms of reference of such an agreement. This deal is expected to be rubber stamped by the UN General Assembly later this year.…

BY KEITH NUTHALL
RUSSIA has ratified the Council of Europe’s Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime, a move that could herald a tightening in Russian government policy towards the fighting of money laundering.

Signatories have to ensure that their national legislation provides for the confiscation of the proceeds of crime.…

BY MONICA DOBIE
SHIPPING companies working throughout the Great Lakes, the St. Lawrence River and its navigation seaways are being forced to carry less cargo because of very low water levels, worse than those recorded in 1999 and 2000, when there was also a water shortage.…

BY KEITH NUTHALL
THE EUROPEAN Commission is playing its part in the debate over whether companies should be given additional duties for promoting health and safety and a clean environment, by publishing a green paper on Promoting a European Framework for Corporate Social Responsibility.…

BY ALAN OSBORN
THE EUROPEAN Union’s Council of Ministers has decided to suspend the collection of anti-dumping duties on imports of cotton-type bed linen from India following a determination by the World Trade Organisation that the EU had failed to take all relevant factors into account when it originally imposed the levies in 1997.…

BY KEITH NUTHALL
THE WORLD Bank has called on eastern European and central Asian governments to improve their woeful record of judicial reform, in a region where independent justice is still struggling to emerge from the region’s communist legacy.

Speaking at a regional conference in St Petersburg, Russia, Johannes Linn, bank vice president said: “It is quite clear…that the countries of the region need to focus much more effort, not only on ensuring the development of clear and comprehensive legislation, but also on strengthening the capacity, independence, and accountability of the judicial system necessary to interpret and enforce the law.”…

BY ALAN OSBORN
BRITISH hauliers could face new obstacles at trans-alpine crossings in Austria, if a decision by the transport committee of the European Parliament to reject proposals for increasing the number of trips across the Alps is backed by the full assembly.…