Search Results for: World Trade Organisation

BY PHILIP FINE

US textile companies that make small labelling errors will soon be getting a break from the country’s Federal Trade Commission. Its Textile Corporate Leniency Policy will allow such mistakes as fibres not being listed in order, a label being covered by another label and a shortened word such as poly used in place of polyester for most businesses.…

BY KEITH NUTHALL
THE STAGE is being set at the World Trade Organisation for a formal dispute procedure over steel safeguard duties between two countries who do not formally recognise each other’s existence. The Peoples Republic of China and the Republic of China, (also known as Taiwan), are arguing over duties erected by Communist China.…

BY KEITH NUTHALL
THE TURKISH and Ecuadorian governments have struck a deal to solve their dispute at the World Trade Organisation over Turkey’s import restrictions on Ecuador’s fruit exports.…

BY KEITH NUTHALL
A TURKISH-OWNED chain of Russian shopping malls and supermarkets is to receive a US$70 million loan from the World Bank’s International Finance Corporation to almost double the company’s retail space in the country. Ramenka already operates four shopping malls and 10 supermarkets in the Moscow area under the name Ramstore.…

BY ALAN OSBORN
THE EUROPEAN Commission has ordered Italy to scrap a tax break regime for insurance and other financial companies wanting to trade in eastern Europe, claiming that it breaks EU state aid rules. It wants the Italian government to close its Trieste Financial Services and Insurance Centre; this special registration system was one of a number of similar arrangements initially approved by the Commission in 1995, which saw them as offering a way to enhance the development of financial markets in east European countries and the former Soviet Union.…

BY KEITH NUTHALL and ALAN OSBORN
THE NEW International Code for the Security of Ships and Port Facilities, agreed by an International Maritime Organisation (IMO) Diplomatic Conference, held in London, aims at reducing the industry’s exposure to terrorist attacks and resulting damage.…

BY KEITH NUTHALL
WATER privatisation has certainly had its critics, but it has a new supporter in the shape of the European Commission. It has publicly backed the growing privatisation of Europe’s water utilities, with its internal market commissioner praising British government moves to inject competition into its national sector.…

BY MARK ROWE
RUSSIA’S biggest ice cream producer Russky Kholod will launch a factory in Moscow with a projected output of 2,000 metric tons per month in 2003. The company has -modestly – described the plant as “the most modern ice-cream production facility in the world.”…

BY KEITH NUTHALL
DOUBLE checking systems introduced by the European Union to police steel trade systems struck with eastern European countries who now want to become Member States are to be indefinitely extended. The European Commission has proposed that these monitoring systems be maintained in place to guard against illicit steel exports from the Czech Republic, Romania, Poland and Slovakia until they are finally accepted as formal members of the EU.…

BY KEITH NUTHALL
THE PROBLEM for farmers when considering how to influence international negotiations that are as long, complicated and important as the scheduled five years of discussions over updating the World Trade Organisation’s agriculture agreement, is knowing when to spend money on lobbyists to intervene.…