Search Results for: united nations⊂mit=Search

Chinese construction firms have cornered plenty of business in Africa and Latin America, but they need upskilling to consolidate their position. Anyone who observes the queues of nervous young men lining up in the early morning in Beijing’s tree-lined Sanlitun diplomatic district will be in no doubt of the intensity of Chinese activity in Africa and Latin America.…

AFTER upgrading its laws against money laundering, Bangladesh has earned praise from anti-money laundering (AML) watchdogs however implementing this legislation remains an uphill challenge. Satisfied with the progress Bangladesh made toward plugging “strategic deficiencies” in its AML and combating the financing of terrorism (CFT) regime, the Financial Action Task Force (FATF) removed the country from its special watchlist.…

INDIAN confectionery and sweet bakery producers are struggling to gain lucrative export markets due to the lack of proper domestic food regulations, the country’s poor infrastructure and the high cost of borrowing money. 

“Not much is exported to the developed world from India because our laws are not harmonised with that of other countries,” said Harsh Arora, president of the Indian Confectionery Manufacturers’ Association.…

EXPORTS from the European Union (EU) to Russia of a wide variety of specialist coatings with military uses have been banned as a result of extensive sanctions imposed on Moscow. Imposed because of the Ukraine crisis, the EU Council of Ministers has released details of the banned goods, which include so-called ‘dual-use’ goods that have military as well as civilian uses.…

PRODUCTION at Venezuela state oil company Petróleos de Venezuela SA (PDVSA) has slumped under mounting financial pressures, building during the past 15 years when revenues have been tapped by its socialist government to fund social programmes, diplomatic initiatives and other non-commercial policies.…

Novartis Vaccines is now selling the United States’ first cell-culture influenza vaccine, after the US Food and Drug Administration (FDA) licensed Novartis’ manufacturing facility in Holly Springs, North Carolina in June.
The company’s technology uses mammalian animal cells – a method called cell-culture technology – to produce the vaccine, rather than the traditional method that takes place in chickens’ eggs.…

INDIAN knitwear manufacturers are hoping for a major growth impetus because of industry-friendly policies being rolled out by the new Bharatiya Janata Party (BJP)-led government. “We are very optimistic about the new government,” Naval Saraf, proprietor of Super Knit Industries, a sock manufacturing company in Mumbai told Knitting International.…

Li & Fung Ltd may have been unwilling to discuss claims that it was considering investing in the country’s planned Athi River export processing zone ‘textile city’ but the truth is that Africa is increasingly a focus of foreign clothing and textile investment.…

European food manufacturers have welcomed progress on a transatlantic free trade deal at a meeting of negotiators and business leaders in Brussels but warned that American non-tariff barriers need scrapping to enable exporters to take full advantage of an agreement.
Speaking to officials and industry representatives at Wednesday’s (July 16) meeting, Roxane Feller, economic affairs director at trade association FoodDrinkEurope, said: “The United States is our top trading partner.…

The global market for halal food is expected to grow from USD698 billion in 2012 to reach USD830 billion in 2016, according to Malaysia’s department of Islamic development, and manufacturers in its country and neighbouring Thailand are competing to service this demand.…