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The United States’ African Growth & Opportunity Act (AGOA) has helped boost many African countries’ apparel and textile sector, giving them duty-free and quota-free access to the US market. And while many are keen to see the act renewed before its expiration this September 30, some countries have benefited more than others.…

East Africa is emerging as an attractive sourcing alternative for apparel and textile producers around the world as costs in Chinese outsourcing centres rise especially. With cheaper labour and resources, the region has already attracted foreign investment, particularly from Asia.

International apparel and textile producers are looking hard at Ethiopia as an attractive production and sourcing destination.…

Taiwan is easing its 11-year-old import ban on offal and by-products sourced from United States and Canada-reared cattle over Bovine Spongiform Encephalopathy (BSE) concerns, by planning to classify six types of beef byproducts as “non-internal organs”, effectively clearing the way for their import.…

THE FINANCIAL Action Task Force (FATF) released its report on the ‘Financing of the Terrorist Organisation Islamic State in Iraq and the Levant (ISIL)’ on Friday. The 31-page report, following a four-month project launched in October 2014, is a summary of the revenue sources and financial activities of ISIL, emphasising that financing is a “constantly changing picture” and that more work needs to be done to develop countermeasures.…

QUALITY suspicious transaction reports (STRs) and suspicious activity reports (SARs) around the world are crucial to identifying and combatting money laundering – but a lack of feedback from law enforcement and financial intelligence units (FIUs) can discourage reporting entities from working to improve their reports.…

In the Gulf, the harsh desert climate has always made agricultural production difficult, so fats in the form of animal lard or milk ‘ghee’, have traditionally dominated diets.
But population growth in the Gulf Cooperation Council (GCC) countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates – UAE), rising affluence, booming ex-patriot populations, and increasing diversity in imports, have driven increases in sales of higher end edible oils in the region.…

MIDDLE Eastern national oil companies do not always spring most readily to mind when demand for enhanced oil recovery (EOR) is discussed. The most obvious example of a country ‘least likely to’ need EOR is Saudi Arabia, with its vast oil reserves and a history of being able to rely on natural lift to produce.…

The emergence of synthetic fuels continues to raise hopes that low-carbon alternatives to fossil fuels will be developed, offering the prospect of long-term sustainable production. And with synthetic liquid fuel and synthetic gas chemical composition reflecting fossil fuels’ conversion of hydrogen and atmospheric CO2 into methane, experts are openly enthused about their avoidance of intermittency associated with renewable energy.…

India and Pakistan are trying to remove barriers that are hindering the trade of cotton and textile between these two neighbouring countries, however deep-rooted historic and political resentments continue to hinder progress.
These have helped put out of reach a major trade deal that would sweep away import-export barriers, despite the governments of both countries having relatively new electoral mandates.…

The Egyptian textile sector is a mixed bag, succeeding in certain sub-sectors and struggling in others, while failing to add value to its core strength in cotton production. It has managed to weather the ongoing political instability, but exports are weak due to lower demand from Europe, and the overall sector is straining to keep up with global competition.…