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INDONESIA’S hand-made traditional textile sector, especially its famous batiks, is lagging behind growth on its large scale machine-printed batik motifs on apparel and textiles, industry experts have warned. And this is a pity, given this potentially lucrative high end production has not been recognised for its true potential value on the international market, they have said.…

VIETNAM’S textile sector faces significant challenges as it seeks to profit sustainably from new commercial opportunities offered by international trade deals, such as the Trans-Pacific Partnership (TPP), a major industry conference has been told. The Vietnam Textile Summit 2016 was held from June 29-30, at The Reverie Saigon, an upscale hotel in downtown Ho Chi Minh City (HCMC).…

WITH 4.8 million Syrian refugees registered by the UN, and many more displaced without registration, their impact on consumer markets outside their home country has been significant. The tobacco sector has been no exception. Indeed, even before the civil war, Syrians were keen smokers – with 2004 Syrian Centre for Tobacco Studies research indicating that 56.9% of men smoked cigarettes and 17% of women; 20.2% of men smoked waterpipes (shisha) and 4.8% of women; 29% smoked daily – 51.4% of men and 11.5% of women).…

BRITISH manufacturers and exporters of nuclear power generating equipment, nuclear power plant suppliers and nuclear fuel face a risk that some key exports to the European Union (EU) will attract duties in future, now the UK government has confirmed it will push ahead with leaving the EU.…

MOROCCO has avoided the chaos suffered by many other Arab countries as a result of the Arab Spring, but while has been tightening its anti-money laundering and combatting the financing of terrorism (AML/CFT) measures, experts say significant reforms are still required.…

MALAYSIAN Prime Minister Najib Razak has come under renewed pressure over allegations that he personally profited from a sovereign wealth fund, after the US Department of Justice (DoJ) announced it would seek to recover more than USD1 billion in “misappropriated assets”.…

A DRAMATIC year for Pyrenees micro-state of Andorra has highlighted a debate over whether the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has excessive power over financial institutions outside America.

The American financial intelligence unit (FIU) issued a Notice of Finding (NOF) in March 2015, saying Banca Privada d’Andorra (BPA), one of only five banks in the principality, was a financial institution of “primary money laundering concern.”…

British potash and other industrial mineral producers face a risk that their exports to the European Union (EU) will attract duties should the UK government push ahead with plans to leave the EU following the June 23 Brexit referendum result.

These could be imposed after the two years of mandated talks on a future relationship with the EU following a UK decision to trigger Article 50 under the Treaty on European Union (EU), and Britain fails to strike a free trade agreement with Brussels in that time.…

The United States has launched World Trade Organisation (WTO) disputes proceedings against China, alleging that it breaches global trading rules by imposing export duties on certain non-ferrous metals sold to America. The US claims these range between 5% and 20%, and are levied on exports of antimony, cobalt, copper, lead, magnesia, tantalum and tin.…

DISAGREEMENTS over the meat sector are holding up a deal between the European Union (EU) and the United States for a comprehensive, ambitious Transatlantic Trade & Investment Partnership (TTIP) trade deal by end 2016. Entrenched attitudes concerning a risk- (EU) or science-based (US) approach to meat trade will make this difficult to achieve.…