Search Results for: Pakistani

BY ANDREW SALMON, in Seoul
LAST October, South Korea was admitted as an observer to the world’s premier group of money laundering fighters – the Financial Action Task Force (FATF) and given the nation’s recent moves to strengthen its anti-money laundering regime its path to full membership in approximately two years appears smooth.…

BY PAUL COCHRANE, in Beirut

STRONG demand for leather luggage in the United Arab Emirates (UAE) is lining the pockets of tanners in Italy, Pakistan and Thailand.

According to a recent global online survey by marketing data company AC Nielsen, the UAE ranks among the top five countries worldwide for luxury branded luggage bags.…

BY PAUL COCHRANE, in Cairo

WITH the fight against money laundering and counter terrorism financing relatively new to the Middle East (the first plenary session of the Middle East and North Africa Financial Action Task Force

– MENA-FATF – was only held last year), financial institutions from the US and MENA met in Cairo for a Private Sector Dialogue (PSD) conference to discuss the implementation of international regulations in the region.…

BY KEITH NUTHALL
THE EUROPEAN Commission has released a detailed guide for European Union (EU) businesses wanting to profit in Pakistan, giving special attention to the textile and clothing sector’s technology needs, including for dying. It stressed that demand for environmental technology will be created by new national rules insisting on the better treatment of wastewater, with the manual noting “soda ash and various chemical dying products are the main effluents needing treatment”.…

BY KEITH NUTHALL
THE PAKISTANI government has launched formal disputes proceedings at the World Trade Organisation (WTO) over claims that Egypt is breaking global commerce rules by imposing anti-dumping duties on Pakistan match exports. Egypt introduced the tariffs because it says cut-priced Pakistani matches are unfairly eating into the domestic market share of Egyptian match producers.…

BY KEITH NUTHALL
PAKISTAN’S knitwear industry could receive substantial American cash injections under a US-Pakistan investment treaty now under negotiation between its government and the US Trade Representative office (USTR). American interest in Pakistani knitted goods is high, with knit apparel, yarn and fabric dominating (along with some other textile products) dominating the US$2.5 billion’s goods imported from Pakistan in 2003.…

BY KEITH NUTHALL
THE PAKISTANI textile industry could receive substantial American cash injections under a US-Pakistan investment treaty that is now under negotiation. American interest in Pakistani textiles is high, with knit apparel, miscellaneous textile products, cotton, yarn and fabric, woven apparel, and carpets dominating the US$2.5 billion goods imported from Pakistan in 2003.…

BY KEITH NUTHALL
PAKISTAN polyethylene terephthalate (PET) manufacturers have escaped from punishing anti-dumping duties on exports to the European Union (EU), while Brussels wants to levy tariffs on similar products from China and Australia. The European Commission has asked the EU Council of Ministers to release provisional duties collected from Pakistani manufacturers, while retaining those taken from Chinese and Australian producers.…

KEITH NUTHALL
PAKISTAN polyethylene terephthalate (PET) manufacturers have escaped from paying punishing anti-dumping duties on exports to the European Union (EU), while Brussels wants to levy such tariffs on similar products from China and Australia. The European Commission has asked the EU Council of Ministers to release provisional duties collected from Pakistani manufacturers, while retaining those taken from Chinese and Australian producers.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has approved levying 13.1 per cent definitive anti-dumping duties on Pakistani exports of cotton-type bed linen, pure or mixed with man-made fibres or flax.…