Search Results for: World Trade Organisation

BY SWINEETHA DIAS WICKRAMANAYAKE
TAIWANESE authorities have decided to spend more than NT$ 3 billion on upgrading Kaohsiung international airport in western Taiwan, as well as its seaport facilities. The plan has been announced by the country’s Economic Development Council and includes lengthening runways.…

Keith Nuthall
FURTHER details have emerged about the effect on the international automobile industry of China’s recently approved membership of the World Trade Organisation. According to an EU briefing paper obtained by just-auto.com, China has made significant steps to liberalise its auto trade, a statement that contrasts with the pessimistic tone of an earlier WTO paper, which said that tariff protection would remain high after it formally joins the trade body, probably next March.…

BY KEITH NUTHALL
FOREIGN companies will be able to hold 100 per cent ownership in hotels in China by March 2005, under the trade deal which led to Chinese membership of the World Trade Organisation being approved last week. Until now, international hotel groups have had to work with a Chinese partner in formal joint-ventures, as a condition of being able to trade in China.…

BY KEITH NUTHALL
HEADS of government of the European Union taken unprecedented steps to crackdown on the financing of terrorist groups, following the attacks in the United States that have sparked the worldwide ongoing emergency military and financial response.

Notably, the public pressure resulting from the disasters have helped to break the political logjam stalling the agreement of long-debated reforms to the European money laundering directive.…

Alan Osborne
THE INTRODUCTION of e-commerce into the European Union, already disappointingly slow, is further threatened by the failure so far of the 15 member countries to adopt the European Electronic Signature Directive, delegates to the Information Security Solutions Europe 2001 conference at the QE2 centre in London have been told.…

KEITH NUTHALL
URGENT action to boost airport security in the wake of the destruction of New York’s World Trade Centre has been ordered by the European Union Council of Ministers (transport).

In an emergency session, EU Member States agreed to implement recommedations from the European Civil Aviation Conference,” including recommendations on machine readable travel documents, using accident investigation experts, information and communications and the treatment of inadmissable persons and deportees.…

BY KATE REW
AMERICAN bra manufacturers are responding to growing demand from larger women who are no longer content to wear cumbersome, corset-like structures but would prefer flimsier, sexier bras which are both comfortable and flatter their fuller figures. For a long time this market, which stands at around 40 per cent of intimate wear and is growing all the time, has been overlooked, according to Joyce Baran, Vice President of Merchandising and Design, Liz Claiborne Intimates.…

Keith Nuthall
THE TRADE in textiles between China and the rest of the world is set to grow sharply, with the agreement being forged to allow Chinese membership of the World Trade Organisation, after 15 years of negotiations.

It means that China has acceded to the Agreement on Textiles and Clothing, being subject to its rights and obligations, including the fact that, as for all WTO members, its quotas on textiles should be scrapped by December 31, 2004.…

BY KEITH NUTHALL
THE EUROPEAN Commission has cleared the proposed takeover of SSM Coal BV, of the Netherlands, by Germany’s Rheinbraun Brennstoff GmbH, concluding after an inquiry that the deal would not create competition problems in the EU petcoke market.

Rheinbraun, a wholly-owned subsidiary of the German RWE Group, distributes coal and other solid fuels.…

KEITH NUTHALL
THE TEXTILES Monitoring Bureau of the World Trade Organisation has recommended that Poland lifts transitional safeguard duties that it has imposed on imports of acrylic/modacrylic staple yarn, pure or mixed with wool or fine animal hair, from Romania. In a report, it has claimed that Poland should not have concluded that its domesrtic production industry suffered “serious damage” from the imports in 2000.…