Search Results for: World Trade Organisation

The European Union (EU)’s proposed new rules to protect industrial design (1) will be an essential aid to the EU fashion and clothing manufacturing industry, European Fashion Council (EFC) president Nadya Valeva has told Just Style, while protecting fashion and clothing business workers from intellectual property (IP) infringements.…

Saudi Arabia’s universities are ramping up their efforts to boost their sustainability working within an unforgiving status quo of fossil fuel reliance, high energy and water consumption plus rising greenhouse gas (GHG) emissions.

Public and private universities have in recent years started addressing these challenges by fostering sustainability practices on their campuses and influencing Saudi society to become environmentally conscious. …

Digitalisation is not only changing financial products and services, it is also shaping new roles and responsibilities of internal teams, pushing businesses to rely more heavily on treasurers to manage their company’s environmental, social, and governance (ESG) KPIs, according to industry insiders.…

South Africa’s paints and coatings market is expected to generate USD2.1 billion by 2026 after growing at an estimated 5.6% compound annual growth rate (CAGR) between 2021 and 2026. This is according to India-based market research and data analytics provider IndustryARC (1).…

Kenya is being opened as a potential outsourcing centre for European Union (EU) knitwear brands by a new EU-Kenya Economic Partnership agreement, now being considered for ratification by the EU Council of Ministers and the European Parliament (1). Once implemented, the deal will remove 12% and 9.6% EU duties charged on many knitted apparel exports from Kenya, potentially boosting a knitted apparel and accessory trade, growing in recent years.…

The textile and clothing industries of the European Union (EU) and India are closely monitoring negotiations to forge a free trade agreement (FTA), making steady progress since being relaunched last year (2022). Detailed talks were staged in New Delhi between June 17 and 23 (2023), with the EU seeking to reduce tariff barriers for India’s often protected market of 1.4 billion people.…

Thailand has often been overshadowed as a clothing and textile outsourcing hub, given the high profile of the industries in neighbours Vietnam and Cambodia – but its output is significant and a free trade agreement (FTA) now under negotiation with the European Union (EU) could boost its exports.…

Governments and major auto companies worldwide are vying to be sustainable transport champions, declaring ambitious goals for a switch to electric and zero-emission vehicles as well as other measures to green up their fleets. But environmentalists say that ‘green-botching’ where environmental measures are being implemented by governments and companies so badly that they undermine their green goals is becoming a real problem.…

The Canadian automotive import market is becoming an increasingly important to USA-based assemblers, with USD17.2 billion’s worth of American-made cars, SUVs and light trucks sold in Canada in 2022, according to federal government figures issued from Ottawa. That is up from USD14.2 billion in 2021 and higher than pre-Covid-19 sales – USD14.6 billion in 2018 and USD13.8 billion in 2019.…

Risk specialists predict that the current instability in China’s trust sector and China’s slowing economic growth will lead to a massive outflow of capital from China, breaching Chinese money laundering laws. That will include both the export of legally earned money in excess of Chinese capital export caps of USD50,000 per year and illicit movements of criminal proceeds.…