Search Results for: Russia

EUROPEAN Union (EU) and Canadian confectioners can look forward to increasing their trans-Atlantic trade once a new free trade agreement between the EU and Canada comes into force, probably in 2015.

The EU-Canada Comprehensive Economic and Trade Agreement (CETA), announced on October 18, will remove most tariffs for confectionery and sweet bakery products imposed by both sides on each other’s exports.…

Turkish textile company Kivanc Tekstil, which recently secured a EUR3.7 million loan from the European Bank for Reconstruction & Development (EBRD) to expand its weaving capacity and boost its energy efficiency, has told WTiN.com that it is targeting Russia and China as key growth markets.…

MORE than year after Russia’s World Trade Organisation (WTO) accession on August 22, 2012, the country’s textile industry is calculating its losses following the resulting decline of customs duties on imports of textile and clothing, and the associated influx of cheap textile products from abroad.…

THE EUROPEAN Parliament has voted to reduce the support the European Union (EU) gives to the traditional biofuel sector, backing European Commission proposals to amend the renewable energy directive (2009/28/EC). MEPs agreed that the law should insist that first-generation biofuels (from long-standing sources, notably food crops) should not exceed 6% of EU energy consumption in transport by 2020, compared to the 10% target for all biofuels in the existing legislation.…

Given its location, political actors and recent history, Lebanon has long been under the international regulatory spotlight. The US Treasury’s fingering of the Lebanese Canadian Bank in 2011 for money laundering concerns rocked its financial sector. Beirut has since been scrambling to address any short-comings, while at the same time dealing with sanctions on neighbouring Syria.…

THE BALTIC States’ proximity to Russia and their position as a border between eastern and western financial markets, renders Estonia, Latvia, and Lithuania particularly at risk as regards money laundering.

Hard hit during the global financial crisis they have still made considerable strides towards improving anti-money laundering (AML) and combating the financing of terrorism (CFT) legislation while transitioning into the Eurozone: Estonia joined January 2011; Latvia will join this January; Lithuania wants to join by 2015. …

A Lithuanian MEP has accused the Russian government of political motivations behind its ban on Lithuanian dairy products. Leonidas Donskis noted diplomatic friction between Russia and Lithuania, particularly in its current role as president country of the European Union (EU): “There is no doubt that what is happening now is a revenge campaign,” he said.…

The Dutch Dairy Association (NZO) spokesman yesterday attacked Russian officials for publicly criticising Dutch dairy food standards, without making formal complaints. Spokesperson René van Buitenen told just-food the NZO “expected [the Russians] to inform Dutch authorities soon if they really have serious concerns”, instead of commenting to media.…

The Russian government has once again questioned the quality of Polish meat imported into its territory, raising concerns in Poland that Russia might impose import restrictions or a ban. On October 4 Russia’s meat inspectorate, Rosselkhoznadzor, said laboratory tests had turned up pathogenic bacteria in poultry and frozen pork from two plants in Poland.…

THE LITHUANIAN meat industry has said pressure applied by its government and the European Union (EU) on the Russian government could ease customs trading problems with Russia.

Egidijus Mackevičius, president of the Lithuanian Meat Processors Association told globalmeatnews.com of problems supplying ready-to-eat meat products to the Russian Baltic Sea exclave of Kaliningrad.…