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European food manufacturers have welcomed progress on a transatlantic free trade deal at a meeting of negotiators and business leaders in Brussels but warned that American non-tariff barriers need scrapping to enable exporters to take full advantage of an agreement.
Speaking to officials and industry representatives at Wednesday’s (July 16) meeting, Roxane Feller, economic affairs director at trade association FoodDrinkEurope, said: “The United States is our top trading partner.…

The global market for halal food is expected to grow from USD698 billion in 2012 to reach USD830 billion in 2016, according to Malaysia’s department of Islamic development, and manufacturers in its country and neighbouring Thailand are competing to service this demand.…

International property and infrastructure services group Sweett has said it has been cooperating with the UK’s Serious Fraud Office (SFO) after the regulator confirmed it is investigating bribery allegations involving the company’s past operations in the United Arab Emirates and elsewhere.…

THE United Arab Emirates (UAE), including Dubai and Abu Dhabi, heads the global league table for the percentage of consumers reporting that they have been victims of fraud involving credit, debit or prepaid cards. This emerges from a fraud study of more than 6,100 consumers across 20 countries conducted by international payment systems provider ACI Worldwide and analysts Aite Group.…

Rapidly increasing continental air traffic has fuelled intense competition among east African countries in constructing and upgrading airport infrastructure. Indeed, investments could exceed USD1.7 billion in the next three years, according to Andrew Luzze, the executive director of the East African Business Council.…

Time was when energy projects funded by developed world institutions in poorer jurisdictions tended to be large – major power plants and large infrastructure projects. And while these have certainly had benefits, the value of smaller smarter investments in rural areas is increasingly appreciated.…

European dairy producers have expressed alarm at talks on the proposed Transatlantic Trade and Investment Partnership (TTIP), arguing that European producers may face lower prices and standards from the ambitious European Union (EU)-USA trade pact. But as the sixth round of negotiations got underway in Brussels in July, some processors argued that European producers stand to gain from a liberalised market across the Atlantic.…

THE CONFLICT in Syria, which has entered its fourth year, has had a major impact on the cosmetic market and industry, both in the troubled country itself and the neighbouring region. Exports to Syria, and distribution of cosmetics, has been severely hampered by the civil war, while the conflict’s spillover is impacting other countries, compounded by the 2.9 million Syrian refugees currently registered in Lebanon, Jordan, Turkey and Iraq.…

THE MIDDLE East cosmetics market is weathering the region’s current political and economic instability in the region. While the markets in the Levant are experiencing tough times, Gulf sales continue to grow. Retailers and manufacturers are also offsetting the losses incurred in depressed and unstable countries by exporting to burgeoning African markets.…

INDIA’s new government may impose a 20% anti-dumping duty on saturated fatty alcohols from Indonesia, Malaysia and Thailand – an important raw material for shampoos and cosmetics. Administrative proceedings that may spark the creation of this tariff started in this February, before the May general election, which brought the current BJP administration to power.…