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THE SALE to Russia of multi-directional, multi-dimensional knitting and interlacing machines, including adapters and modification kits, specially designed or modified for weaving, interlacing or braiding fibres, for composite structures has been banned by the European Union (EU).

This is because the EU considers such machines of potential use to the Russian military, which has been involved in the Ukraine crisis.…

A RANGE of plastics-related chemicals have been included in a draft list of new substances subject to special authorisation by the European Chemicals Agency (ECHA) for their manufacture or use in the European Union (EU). ECHA is now consulting on these planned additions to its ‘authorisation list’, because of concerns about their potential impact on human health and the environment.…

IN the search for ways to extract energy from a reliable and efficient source to power heat pumps, the water lapping the shores of our continents is increasingly being viewed as a key resource. “Sea water, like any water, has the ability to retain heat for a long period of time.…

Caribbean jurisdictions may be increasingly signing up to the requirements of America’s Foreign Account Tax Compliance Act (FATCA) but there is no great enthusiasm about it. Indeed, some bankers fear it could lead to a sharp fall in the region’s charms for investors.…

ECUADOR, an important confectionery exporter to the European Union (EU), has struck a new bilateral free trade agreement with the EU, which will eliminate tariffs on imports to Europe. The new trade deal is supposed to take effect in late 2016, and until then a system of preferential tariffs will be in place.…

THE LATEST European Commission annual report on European Union (EU) anti-fraud measures has highlighted concerns that member states may be doing far too little to detect EU-related financial crime. Keith Nuthall reports.

A 2013 Report on the Protection of the EU’s Financial Interests noted that some member states reported “very low numbers of fraudulent irregularities” – but the Commission does not believe this is because they are clean.…

European Union (EU) meat production is projected to start growing in 2014, according to the European Commission, as Europe’s economic recovery solidifies. This could be up 0.7% year-on-year for beef, veal, pigmeat, poultry, sheep and goat meat. However, exports might fall for pigmeat and poultry, with Russian import bans especially causing problems for pigmeat.…

INDIAN knitwear manufacturers are hoping for a major growth impetus because of industry-friendly policies being rolled out by the new Bharatiya Janata Party (BJP)-led government. “We are very optimistic about the new government,” Naval Saraf, proprietor of Super Knit Industries, a sock manufacturing company in Mumbai told Knitting International.…

Rapidly increasing continental air traffic has fuelled intense competition among east African countries in constructing and upgrading airport infrastructure. Indeed, investments could exceed USD1.7 billion in the next three years, according to Andrew Luzze, the executive director of the East African Business Council.…

THE LATEST European Commission annual report on European Union (EU) anti-fraud measures has highlighted concerns that member states may be doing far too little to detect EU-related financial crime.
Brussels’ 2013 Report on the Protection of the EU’s Financial Interests noted that some member states reported “very low numbers of fraudulent irregularities”.…