Search Results for: Russia

GLOBAL knitwear outsourcing centre Bangladesh is expected to soon ratify the emerging market D-8 PTA preferential trade agreement, newspaper reports in Dhaka say, indicating the government may have loosened demands over rules of origin. Bangladesh has been pushing for its manufacturers to gain privileged access to D-8 markets (Iran, Indonesia, Malaysia, Pakistan, Nigeria and Turkey, as well as Egypt if it also ultimately ratifies), if 30% of value in a product is created within Bangladesh.…

THE CONSTANT roll out of Russian government plans to diversify its industrial base has now turned its focus to textile raw materials, with Moscow unveiling plans to resume large-scale production of flax and wool.

These sectors, according to agriculture minister Alexander Tkachev, have been neglected over the past 30 years, since the fall of the USSR in 1991.…

RUSSIAN air traffic controllers in Smolensk have been blamed by Poland’s Deputy Prosecutor, Marek Pasionek, for the 2010 air crash in Russia that killed Poland’s president Lech Kaczynski and 95 other senior Polish politicians. Speaking at a press conference on April 3, Pasionek said that a detailed investigation had revealed “evidence that has allowed prosecutors to formulate new charges against air traffic controllers, citizens of the Russian Federation”.…

Political uncertainty over US trade deals sparked by the ascension of President Donald Trump to power should be eased to avoid stifling innovation in the country’s technical textiles industry which could see it marginalised on the world stage, insiders have warned.…

A SIGNIFICANT number of law enforcement and private partners have joined European police cooperation body Europol’s global ‘No more ransom’ project, designed to halt the growing threat of ransomware. There are now 76 participants in the project, which was launched last July (2016) by the Dutch National Police, Europol, IT firm Intel Security and cybercrime specialists Kaspersky Lab.…

EUROPEAN Union (EU) exports of textile products to Russia have stabilised, despite a sharp fall between 2014 and 2015, as diplomatic relations between Brussels and Moscow worsened amidst financial sanctions imposed on Russian companies and banks over the Ukraine crisis.

New figures passed to WTiN.com…

A EUROPEAN Court of Justice (ECJ) judgement has confirmed the legal right of the European Union (EU) and the UK to subject Russian oil companies to financial sanctions and implement them using criminal law. These rights had been challenged by Russian oil and gas major Rosneft, and the case had been subsequently referred to the ECJ by the High Court for England and Wales.…

A EUROPEAN Court of Justice (ECJ) judgement has confirmed the legal right of the European Union (EU) and the UK to subject Russian oil companies to financial sanctions and implement them using criminal law. These rights had been challenged by Russian oil and gas major Rosneft, and the case had been subsequently referred to the ECJ by the High Court for England and Wales.…

With the value of Bitcoin skyrocketing over the past year, up from USD525 per Bitcoin last August to USD1,200 in mid-April, with one unit now being able to buy an ounce of gold, finding ways to efficiently regulate decentralised and independent virtual currencies (VCs) has become a top priority among governments and regulators worldwide.…

Europe’s nonwovens producers again served up a solid performance in 2016 against the background of (uneven and) uncertain trading conditions for the industry. As usual, the just-published returns from EDANA, the representative organisation for the USD30 billion nonwovens industry in Europe, show some important national variations.…