Search Results for: World Trade Organisation

BY KEITH NUTHALL
THE EUROPEAN Union Council of Ministers has approved the creation of new import quotas for steel products from the Ukraine, which will last until December 31, this year. Imports into the European Union during this year will be limited to 27,414 tonnes of coils, 104,920 tonnes of heavy plate and 8,465 tonnes of other flat steel products; and for long products, quotas have been set at 3,690 tonnes for beams, 52,720 tonnes for wire rod and 66,427 or other long steel products.…

BY MARK ROWE
MUSEUMS and research institutions are being warned that they risk losing vast amounts of digital information unless new techniques are developed to conserve the material.

Until recently all that was needed to archive information recorded in traditional forms such as the printed page, analogue tape or film was the physical storage place to house the material.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation, of the World Bank, is investing US$10 million in Turkish tiles manufacturer Eczazibasi Karo Seramik A.S (EKS) to help the company overcome working capital shortages, improve production efficiency, and boost exports. The is part of the corporation’s ongoing support for Turkey’s private sector following last year’s financial crises, which restricted the flow of international capital.…

Keith Nuthall
THE NORWEGIAN government has moved to liberalise its alcohol retail system, following the order from the European Free Trade Area Court that it should scrap its discriminatory beer retail system, where the sale of brands of between 2.5% and 4.75% abv outside the state alcohol monopoly Vinmonopolet is generally limited to domestically-produced lines.…

BY SWINEETHA DIAS WICKRAMANAYAKA
MACAO International Airport cargo volumes increased 40

percent year-on-year to 22,171 tons in the first quarter of 2002, while passenger numbers rose more than 15 percent to 953,097. Macao has been benefiting from its key position as a hub for traffic between mainland China and Taiwan, the Shipping & Trade News has reported.…

BY KEITH NUTHALL
THE WORLD Bank’s International Finance Corporation has agreed to reschedule US$204 million of its loans to Star Petroleum Refining Company Limited, Thailand, which is 64 per cent owned by Chevron-Texaco. The Thai company’s overall debt is US$549 million.…

BY MICHAEL FOX
DIPLOMATS at the United Nations’ headquarters in New York say that the troubled Iraq Oil for Food Programme is in danger of running into serious problems once again unless alleged ambiguities and contradictions in the current system are sorted out.…

BY MARK ROWE
CHINESE scientists have successfully cloned an endangered species of high quality cattle. The clone calf, named Boeve, was born in April and is from a breed of beef cattle from the northern Hebei province. The cell nucleus containing genetic materials was taken from the ovary and ear of a six-month-old cow.…

BY KEITH NUTHALL
THE EUROPEAN Commission has underlined its optimism about European beef production, predicting in its report on “Prospects for Agricultural Markets: 2002-2009 that it was set to return to “more normal” levels. The Commission says that this will result from increased prices and the end of livestock destruction schemes by March 2002 (except in the UK).…

BY ALAN OSBORN
THE EUROPEAN Commission will this month decide whether to start launching inquiries into the piecemeal dismantling of the falling Andersen empire. Competition spokeswoman Amelia Torres told Accountancy Age that Brussels had now been officially informed of the proposed acquisition by Deloitte Touche Tohmatsu of Andersen UK and had until July 1 to say whether the deal should be cleared or “whether we need to take a closer look at it.”…