Search Results for: Switzerland

BY SWINEETHA DIAS WICKRAMANAYAKA
SRI Lankan glove manufacturer Dipped Products Ltd has acquired a controlling interest in its European distributor ICO Guanti Spa, of Genoa, Italy. The payment of shares valued at US$855,000 (SL Rupees 81 million) is being funded from the company’s export earnings, Dipped Products told the Columbo stock exchange.…

BY KEITH NUTHALL
SWITZERLAND has complained to a key World Trade Organisation committee that its beef imports are being unfairly restricted by the USA because of concerns that they are contaminated with BSE. It has claimed at the WTO Sanitary and Phytosanitary Measures Committee that the US should not, for example, be insisting on the onsite inspection of Swiss meat plants, because the Office International des Épizooties has classified Switzerland as having a low incidence the disease.…

BY KEITH NUTHALL
A MOVE to liberalise the global trade in artificially propagated orchids has been made by the USA, which has formally proposed that six species are exempted from controls under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).…

ALAN OSBORN
THE EUROPEAN Commission has cleared the acquisition by the Italian weaving machinery manufacturer Promatech SpA, of Sulzer Textil, the textile machinery division of the Swiss company Sulzer Ltd.

Competition approval was given after Promatech agreed to divest itself of rapier weaving machines operations in Verona in Italy and Solothurn in Switzerland.…

BY ALAN OSBORN AND PHILIP FINE

THE EUROPEAN Commission’s competition authority has cleared the purchase

by General Motors of a series of production and sales outlets of the South

Korean car manufacturer Daewoo.

GM is to acquire some of Daewoo’s production facilities for passenger cars

and light commercial vehicles in Korea and Vietnam together with sales

subsidiaries in Austria, the Benelux region, (Belgium, Netherlands and

Luxembourg), France, Germany, Italy, Spain and Switzerland.…

BY KEITH NUTHALL
STATE aid payments made to the aviation industry in Norway and Iceland, to enable companies to afford war insurance cover since the September 11 attacks, have been approved by the Surveillance Authority of the European Free Trade Area, (EFTA).…

BY KEITH NUTHALL
THE EUROPEAN Free Trade Area has told the European Union that it is “deeply disturbed” by not being “exempted from the European Commission’s measures to restrict steel imports.” The Chairman of EFTA’s Standing Committee, Ambassador Gunnar Snorri Gunnarsson (CORRECT NAME) claimed at an EU-EFTA meeting that the EU had erred by failing to exempt EFTA states, (Iceland, Switzerland, Norway and Liechtenstein), from its safeguard regime, designed to stop EU markets from being flooded with steel normally sold in the US.…

BY KEITH NUTHALL
A MOVE to liberalise the global trade in artificially propagated orchids has been made by the USA, which has formally proposed that six species are exempted from controls under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).…

BY ALAN OSBORN
IN a further sign of recovery from the fraught conditions of 2001, the Association of European Airlines has reported that air traffic in the European market rose by 2.8 per cent in the week to May 12th. This marked only the third weekly gain since the sharp fall in civil aviation which followed the political and military turbulence of last year.…

BY MARK ROWE
THE LOCATION of Afghanistan’s national museum in a southern Kabul suburb must have been idyllic when it opened in 1931, set against a pastoral backdrop of farmland and mountains. The museum was once one of the richest cultural repositories in the world, home to a collection of the most elegant antiquities from the Ashokan, Greek, Buddhist, Zoroastrian and Muslim periods.…