Search Results for: Turkey

BY MJ DESCHAMPS AND LENA SMIRNOVA

AFTER 18 years of negotiations, Russia has finally gained approval to join the World Trade Organisation (WTO), a key diplomatic move that could have profound consequences for the country’s textile market and industry.

A ministerial meeting of the WTO in Geneva anointed Russian accession on December 16, making the country the WTO’s 155th member.…

BY KEITH NUTHALL

THE FUTURE of the natural gas sector is guaranteed in any viable European Union (EU) energy mix, the European Commission has said in a major policy paper. In its ‘Energy Road Map 2050’, Brussels argues that gas is the relatively clean fuel that will buy the EU time to adopt new energy technologies.…

BY PAUL COCHRANE, IN BEIRUT

THE SYRIAN economy is in bad shape: sanctions have been slapped on the country by the United States and the European Union (EU), and the uprisings that began in March last year continue unabated. But while one of Syria’s main revenue earners – fossil fuel oil – has been affected by instability and international sanctions, its olive oil sector has had its best year ever harvest, estimated at 200,000 tonnes.…

BY KEITH NUTHALL

WINNERS

TUNISIA

Of all the countries disrupted by the Arab Spring revolts in 2011, Tunisia liberated itself in the swiftest and most business-friendly fashion. This key European supplier rid itself of despotic President Zine El Abidine Ben Ali on January14, and one week later, its textile and clothing sector was back at work.…

BY KEITH NUTHALL

THE EUROPEAN Commission has proposed its long-awaited package of measures designed to prevent major oil or gas rig accidents that could pollute European Union (EU) waters. They have been collated into a proposed regulation, which would have to be followed to the letter by member states, if the proposal is approved by MEPs and EU ministers.…

BY PAUL COCHRANE

UPRISINGS in the Middle East and North Africa (MENA) this year have hit demand for printers in Lebanon, which has long been the printing hub of the region. Lebanese printers canvassed privately for Print Week MEA report that the upheavals have seen demand from Egypt and Syria decline, while transportation has been marginally affected from Lebanon due to the situation in neighbouring Syria.…

BY KEITH NUTHALL

THE EUROPEAN Commission has launched a major political initiative to prevent European Union (EU) member states being played off against each other in energy negotiations with major suppliers, such as Russia. It has proposed legislation that would insist national EU governments give Brussels information on any current deals and negotiations regarding energy supplies, including, but not only, oil and gas.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers this week authorised the European Commission strike a gas supply deal with Turkmenistan and Azerbaijan, which have substantial reserves under and near the Caspian Sea. The agreement would focus on a pipeline system running under the se from Turkmenistan to Azerjaijan.…

BY PAUL COCHRANE

TURKEY is the fifth largest importer of oils and oilseeds in the world, with demand being driven by its burgeoning economy, sizable food export industry, and a population of 74.8 million people. But while its demand for vegetable oils is outstripping local production, in olive oil production the country has set its sights on rising up the global rankings from its current fifth place to become the second largest producer.…

BY LEE ADENDORFF

THE growth of data revenues and emerging markets contrasted with lacklustre domestic business, particularly in southern Europe, have dominated latest financial figures from the EU’s ‘big five’ telcos – Telecom Italia, Telefónica, France Telecom, Deutsche Telekom and Vodafone.…