Search Results for: japan

BY KEITH NUTHALL
A FINANCED global action plan to improve safety in the nuclear energy sector has been approved in principle by the Board of Governors of the International Atomic Energy Agency. A number of countries have pledged around US$4.6 million to fund its programmes, although this falls far short of the US$12 million price tag claimed by the IAEA, which also wants a fund of US$20 million established to handle security emergencies.…

BY SWINEETHA DIAS WICKRAMANAYAKA
JAPAN’S Nippon Mitsubishi Oil Corp. has said that it intends to follow up its planned merger of three group refineries by expanding exports of gas oil, fuel oil and other petroleum products by 50 percent in fiscal year of 2003, the Shipping & Trade news has reported.…

BY KEITH NUTHALL
DRAFT recommendations on improving the treatment of oil spills have been agreed by the International Maritime Organisation, during the UN agency’s third research and development Forum on High Density Oil Spill Response.

Experts present discussed the particular problems posed by this kind of pollution, including its high viscosity and tendency to sink.…

BY KEITH NUTHALL
PRINTING equipment and supplies imported from the United States are to be a focus of retaliatory tariffs imposed by the European Union following the erection of controversial ‘safeguard’ duties by Washington to protect its steel industry.

The European Commission has announced that it is asking EU ministers to approve a selected range of products, where the levying of duty will cause the most pain to US exporters, in a bid to try and force the Bush administration to lift its tariffs.…

BY KEITH NUTHALL
THE UNITED States has launched initial WTO disputes proceedings with Japan, which it claims is unfairly restricting the import of American apples. Meanwhile the US has banned the import of Spanish clementines.…

BY MARK ROWE
TOYOTA Motor Corp plans to buy Chinese parts to make cars in its operations in China as a way to cut costs, instead of shipping them in from Japan. Toyota would procure discount door parts and materials including steel sheet from China’s leading steel-maker, Shanghai Baoshan Iron & Steel.…

BY MARK ROWE
THE CHINESE Petroleum Corporation (CPC), one of Taiwan’s largest state-owned enterprises, is setting up a joint company with the China mainland counterpart company China National Petroleum Corp (CNPC) to extract and refine oil. CNPC does not have the means to refine crude oil and currently contracts out this work to Japan but is keen to use Taiwan, because it can offer lower coats and is closer to markets in southern China.…

Keith Nuthall
THE INDIAN government has abandoned its appeal against last December’s World Trade Organisation ruling that it had broken global commerce rules by insisting that auto-manufacturers within its territory not only promise to buy some components locally, but that they export products of an equal value of imported inputs.…

BY MARK ROWE
OIJ Paper Co, Japan’s largest paper producer and the world’s second largest producer, is to launch a US$1billion expansion in production capacity in south-east Asia and China over the next five years. The company aims to raise production from its current rate of 60,000 tonnes a year of pulp and paper to a total of one million tonnes during that period.…

BY KEITH NUTHALL
THE EUROPEAN Commission has refused to abandon its American lawsuit against Phillip Morris, Japan Tobacco and R.J. Reynolds Nabisco, despite its case being thrown out by the New York District Court. Brussels has announced that it will not only appeal, but will prepare a new case focusing on money laundering allegations.…