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INDIAN apparel exporters have demanded a series of favourable policy decisions from the new Bharatiya Janata Party (BJP)-led government while welcoming foreign buyers at the 53rd India International Garment Fair, held in New Delhi from July 14 to 16.
A presentation from the country’s Apparel Export Promotion Council was released to the conference, calling on the Indian government to conclude the planned EU-India free trade agreement “immediately to counter [the] competitive price advantage available to Bangladesh, Cambodia, Vietnam…” The paper also argued that until such a deal is struck the Indian government should compensate garment exporters with export subsidies equaling the burden of import duties imposed by EU.…

THE EUROPEAN Bank for Reconstruction & Development (EBRD) is increasing its assistance to Ukraine, because of its ongoing political and military crisis, the development institution’s annual meeting has been told. The country is a core part of the EBRD’s eastern, central Europe and central Asia region of operation, along with Russia, which recently annexed Crimea, sparking a diplomatic firestorm.…

One of the main drivers of the Ukrainian revolution of February this year was the monumental levels of corruption within both the private and state sectors. Transparency International last year placed the country in 144^th place on its ‘corruption perceptions index,’ at par with Papua New Guinea and the Central African Republic.…

WHEN it comes to subsidies in the European Union (EU), the representatives of the fossil fuels industries and those of the renewable energy sources have long pointed the finger at each other about who receives more support from the public purse.…

A NEW agreement at the World Trade Organisation (WTO) to reduce many of the formalities facing exporters could give fresh impetus to cosmetics companies engaged in world trade, although some business leaders say it was only one of a number of problems they faced.…

The Danish government is considering breaking ranks with the European Union (EU) and striking a bilateral trade deal with Russia to protect its pork exports. These have been hit while Russia blocks EU pigmeat exports over a handful of African swine fever cases in Poland and Lithuania.…

NAMIBIA is ready to export its first batch of beef to Hong Kong after an audit carried out last month (May) by the Hong Kong Centre for Food Safety.

“If all goes well, the country will be the first in Africa to export beef to Hong Kong,” Goliath Tujendapi, manager of trade & strategic marketing at the Meat Board of Namibia, told globalmeatnews.com.…

Compliance experts believe the sanctions imposed thus far by the USA and European Union (EU) on Russia over the Ukraine crisis will have a mixed effect. One of the biggest criticisms is that the sanctions were publicly discussed before being implemented giving targeted individuals time to get their finances to a safe haven.…

Compliance experts believe the sanctions imposed thus far by the USA and European Union (EU) on Russia over the Ukraine crisis will have a mixed effect. One of the biggest criticisms is that the sanctions were publicly discussed before being implemented giving targeted individuals time to get their finances to a safe haven.…

THE RUSSIAN Federal Financial Monitoring Service (Rosfinmonitoring), the federal executive body responsible for combating money laundering and terrorist financing, is considering developing a new package of anti-money laundering measures.

According to Yuri Chikhanchin, the head of Rosfinmonitoring, despite all the state’s efforts in recent years to fight money laundering, it remains a pressing problem.…