Search Results for: Netherlands
10 results out of 1606 results found for 'Netherlands'.
INTERNATIONAL REGULATORY ROUND UP – VIETNAM AND EU TARIFF REDUCTIONS PUBLISHED
DETAILS have been released about tariffs to be scrapped regarding food and drink products exported and imported between Vietnam and the European Union (EU) under a trade deal struck last August (2015). The full text has now been released and shows how Vietnam’s emerging market of 89 million people will be opened to the EU’s food manufacturers.…
NEW EU RESEARCH PROJECT DEVELOPS NEW NON-ANIMAL TESTS FOR COSMETIC AND OTHER CONSUMER PRODUCTS
A EUROPEAN Union (EU)-backed project is developing a new testing strategy to assess chemical safety in consumer products, including for cosmetics and personal care lines, without using animals in experiments.
The EU-ToxRisk project, which has a budget of around EUR30 million, is being coordinated in the Netherlands by Leiden University.…
SPAIN FAKE SHAMPOO CRACKDOWN SHINES SPOTLIGHT ON EXTENT OF ILLICIT INDUSTRY
A recent crackdown on a counterfeit shampoo factory in Spain has shone a spotlight on a burgeoning and problematic underground illicit industry, operating across Europe with links to criminal gangs, money-laundering and terrorism.
A 2013 study by European Union’s (EU) trademarks and designs agency the Office for Harmonisation in the Internal Market (OHIM) says counterfeit cosmetics and perfumes in the EU netted EUR4.7 billion (USD 5.2 billion) in sales on average between 2008 and 2011.…
INTERNATIONAL REGULATORY ROUND UP – END OF EXPORT SUBSIDIES WILL CHALLENGE CONFECTIONERY SECTOR
EUROPEAN confectionery manufacturers have urged caution over the impending end of food export subsidies, which will be scrapped after a World Trade Organisation ministerial meeting in Nairobi, Kenya. Developed country members have promised to remove export subsidies immediately for basic food products, with a slower phase-out for many processed foods.…
MYANMAR PLOTS ITS OWN BORDER TEXTILE HUB TO RIVAL THAILAND INDUSTRIAL ZONE MAE SOT
THE MYANMAR government is pushing ahead with developing a textile and clothing industry hub at Myawaddy, just over the border from key Thailand manufacturing zone Mae Sot, which has prospered from access to cheap Burmese labour and Thai tax breaks.
This has long annoyed Myanmar government officials, who decided they wanted to build an industrial zone on their side of the border.…
ASIA REGULATORY ROUND UP - CHINA TIGHTENS MONEY LAUNDERING REPORTING REQUIREMENTS
CHINA’S central bank, the People’s Bank of China (PBC), has issued a new anti-money laundering and terror finance reporting requirements for all financial institutions inside the country. The rules come into force July 1. They cover banks, brokers, foreign exchange, online and mobile payment systems and insurance companies, who will have to file reports to the central bank, via their headquarters or via representative institutions, if a client requires daily cash transactions exceeding Chinese Yuan Renminbi CNY50,000 (USD7,261) or a larger amount of USD10,000’s worth in foreign currency.…
INTERNATIONAL REGULATORY ROUND UP - WORLD TRADE ORGANIZATION BANS EXPORT SUBSIDIES
FOOD and drink export subsidies are to be scrapped after a World Trade Organisation ministerial meeting in Nairobi, Kenya, agreed to phase out these trade sweeteners. Developed country members have promised to remove export subsidies immediately for basic food products, with a slower phase-out for many processed foods and drinks, pigmeat and dairy products.…
EUROPE NEEDS CARBON CAPTURE TO REDUCE ITS CO2 EMISSIONS – BUT IS SLOW TO ROLL-OUT THE TECHNOLOGY
The European Union’s (EU) Energy Roadmap 2050 project is certainly ambitious – looking to decarbonise Europe’s energy sector – and it anticipates that carbon capture and storage (CCS) technology will play an important role. Yet, it is clear that this technology is far from ubiquitous and significant efforts will be required to enable CCS to play a key part in Europe’s CCS future.…
BANGLADESH HOME TEXTILE GIANT PONDERS DIGITAL PUSH
Bangladesh’s top textiles makers are racing against time to alter the way they print fabric. The reason is simple: go digital or risk losing a competitive edge.
Vertically integrated textile manufacturing major Noman Group told Digital Textile that it is carefully considering digital textile investments.…
BELGIAN ‘EXCESS PROFITS’ TAX BREAK BLOCKED IN IMPORTANT TAX RULING CASE
THE EUROPEAN Commission has effectively declared illegal under European Union (EU) a tax break for multi-nationals operating in Belgium enabled them to discount profits on their Belgian tax returns. This ‘excess profit’ tax ruling system assumed that Belgian wings of multinationals made extra profits in Belgium by benefiting from economies of scale generated by activities in other countries.…