Search Results for: World Trade Organisation
10 results out of 12810 results found for 'World Trade Organisation'.
BREXIT DECISION CONTINUES DAMAGING FOR CAN INDUSTRY, SAY EXPERTS
THE UNITED Kingdom’s final exit from the European Union (EU) on December 31, 2020, after an 11-month transition period, has fulfilled predictions of disruption to the British and European can manufacturing industry, experts have told CanTech international. Indeed, feelings over Breit remain raw – one senior industry specialist, preferring to remain nameless, dubbed Brexit as, “the most stupid decision ever taken by UK politicians”.…
DIGITAL TEXTILE PRINTING GAINING GROUND IN VIETNAM
South-east Asia has long appreciated the need to improve efficiency and sustainability in its finishing, especially as it seeks to compete with China, whose rising costs and supply chain disruption caused by Covid-19 has created openings for neighbouring manufacturing hubs.
Vietnam is a case in point, having long been a major textile production centre, and one that is expanding said data from the Vietnam Textile and Apparel Association (VITAS) showing a 12% year-on-year turnover rise in 2022 to USD44 billion.…
FTX COLLAPSE MAY PROMPT CREATION OF GLOBAL CRYPTO-EXCHANGE REGULATION
The collapse of crypto-trading platform FTX and its associated hedge fund Alameda Research may help spark the creation of a global regulatory regime to monitor crypto-currency exchanges. Keith Nuthall reports.
The FTX Group’s November 11 filing for US Chapter 11 bankruptcy sent shockwaves through the global crypto-currency market and should encourage the development of international regulation to control this unstable industry.…
INTERNATIONAL REGULATORY ROUND UP – NEW CAP NATIONAL PLANS TARGET SUGAR PRODUCTION AND DEMAND
Sugar production and consumption are being targeted for spending in new national Common Agricultural Policy (CAP) plans approved by the European Commission as part of a new process to secure European Union (EU) food production funding. With EUR53 billion spent in 2022 alone, this is the EU’s largest spending programme.…
AFRICA DEVELOPS COTTON PROCESSING, TAPPING QUALITY LOCAL FIBRE RESOURCES
A majority of African grown cotton is exported, but initiatives are underway in certain countries to bolster upstream textile yarn spinning and fabric production as part of efforts to develop the overall supply chain.
“Cotton production is expected to go up in the continent this year, by around 30% compared to 2020 and 2021.…
INNOVATORS EXPLORE POTENTIAL OF VERTICAL FARMS, IN BRITAIN AND OVERSEAS
As the world’s largest vertical farm is set to launch operations in Gloucestershire later this year, proponents have lauded the sustainability benefits of the model. They say it has the potential to reduce agriculture’s physical and carbon footprint, growing more crops with significantly reduced water usage, zero pesticides and delivering fresher produce than traditional field-based models.…
GM EXECS AND CANADA POLITICAL LEADERS HAIL LAUNCH OF FIRST CANADA LARGE-SCALE EV ASSEMBLY PLANT
GM and Canadian political leaders today (Dec 5) hailed the launch of Canada’s first large-scale EV assembly plant, making BrightDrop Zevo electric delivery vans at the Big Three auto-maker’s CAMI assembly plant at Ingersoll, Ontario. BrightDrop, a wholly-owned GM subsidiary, announced it plans initial production of its Zevo 600 models in January (2023) and Zevo 400 models late next year (2023).…
STRONG AMERICAN DOLLAR FUELS US TEXTILE AND CLOTHING IMPORTS, BUT EXPORTS REMAIN STRONG TOO
US imports of textiles and apparel continue to grow as the strong dollar makes it cheaper for American companies to purchase garments overseas, but this growth trajectory does not reflect the realities of the market, according to industry experts.
Data from the US Office of Textile and Apparel (OTEXA) (1) shows that US imports of textiles and apparel increased by 22.76% to USD114.787 billion in the first 10 months of 2022, compared to USD93.505 billion in the same period of 2021.…
TECHNICAL TEXTILES MANUFACTURING INDUSTRY STARTS TO EMERGE IN AFRICA
The manufacture of technical textiles is in its nascency across North Africa, even more so in sub-Saharan Africa, with the continent having long been considered a low-cost, cut-and-sew destination rather than a production hub for value-added items. But due to the trend by European and US brands for near-shoring and diversification away from east Asian production, and the ambitions of certain African countries to develop a full manufacturing chain, the potential for making technical textiles in Africa is gradually emerging.…
EU EXPANDS SANCTIONS TO RUSSIA MISSILE AND DRONE MANUFACTURERS
The European Union (EU) has approved its ninth package of sanctions against Russia, following the country’s invasion of Ukraine, blocking the export of technologies used to create drones and missiles being fired at Ukraine power and water plants. These are designed to create misery during the Ukraine winter – with temperatures in Kyiv already falling below zero, worsening an invasion that the UN says has killed 6,826 civilians as of December 19.…