Search Results for: World Trade Organisation

BY SWINEETHA DIAS WICKRAMANAYAKA
A SRI Lankan metal company is to try and exploit the advantages of the Indo-Lankan Free Trade Agreement by exporting its aluminium extrusions to the south Indian cities of Madras, Bangalore, Trivandrum and Cochin.

Lanka Aluminium Industries Ltd is planning to team up with Jindal Aluminium, of India, in its bid to move out its small domestic market.…

Keith Nuthall
THE UNITED States government has claimed that Egypt is breaking its World Trade Organisation treaty commitments to bind textile and clothing tariffs, in its new system of specific duties on imports of these products.

Washington has complained to the WTO’s market access committee, claiming that Cairo’s action breaks article two of the GATT agreement on goods tariffs.…

Keith Nuthall
THE EUROPEAN Commission is taking France to the European Court of Justice for applying a reduced rate of withholding tax on income from investments and contracts with a debtor who is resident or established in France, while not allowing this tax break when the debtor lives in another EU Member State.…

BY SWINEETHA DIAS WICKRAMANAYAKA
INDIAN customs officers have been urged to take action against a fraud being carried out by importers of refined vegetable oil, who are declaring it as unrefined, to avail themselves of the lower duties that apply for this product.…

BY ALAN OSBORN
THE EUROPEAN Union’s Council of Ministers has just approved – in principle – a proposed directive on insurance mediation. Final agreement on the legislation could come by midsummer. The directive requires that all those carrying out insurance or reinsurance mediation be formally authorised by the statutory authorities of Member States on the basis of appropriate knowledge and ability, good repute, the possession of professional indemnity insurance and financial capacity where appropriate.…

BY KEITH NUTHALL
FOOD safety and quality need to be improved in all European countries because of the increase in food-borne diseases in the past decade, the UN Food and Agriculture Organisation (FAO) and the World Health Organisation (WHO) have said.…

BY KEITH NUTHALL
THE EUROPEAN Union has “expressed concern” and “disappointment” over China’s failure to met a January 1 deadline to establish low duty tariff quotas for imports of sugar, palm oil and some other commodities under the terms of its accession to the World Trade Organisation.…

KEITH NUTHALL
THE EUROPEAN Union is to update its administrative systems for monitoring its trade in textiles and clothing with the limited number of countries with whom it does not have trade agreements covering the sector, which include Taiwan.

In particular, the European Commission has asked EU ministers to update rules on surveillance and the use of electronic documentation.…

Keith Nuthall
BEIJING, Shanghai and Guangzhou are to be turned into aviation hubs for the country’s three biggest carriers, as airport traffic is reorganised to suit the country’s airline mergers. The Civil Aviation Administration of China will this summer stop airlines that are not based in any of these three cities from flying routes between them.…

BY KEITH NUTHALL
THE WORLD Health Organisation has issued a new medical guide for international travelers, including advice on vaccinations and other preventative medicines, especially where diseases have spread to new areas, new diseases have appeared and drug resistance has developed in pathogens.…