Search Results for: united nations⊂mit=Search

NEGOTIATIONS for a free trade agreement between Indonesia and the European Union (EU), which will pave the way for greater opportunities for the textile and garment sectors, are entering a final phase, the head of Indonesia’s textile industry association said.

“Negotiations are entering the sixth round.…

AML compliance departments are having to take an increasingly close look at any transactions involving Venezuela, as its authoritarian government attracts increasingly large numbers of international sanctions.

The European Union (EU) in June sanctioned 11 senior Venezuelan officials following the May re-election of President Nicolas Maduro in polls that the EU said were “neither free nor fair and…lacked any credibility…”

The sanctions – see https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32018D0901&from=EN…

WHEN President Donald Trump said in June 2017 that he was pulling the United States out of the Paris climate accord, it looked like the kiss of death for the global Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) agreed the previous October at an International Civil Aviation Organisation (ICAO) meeting, in Montreal.…

US textile manufacturer HanesBrands says it has invested USD5.2 million in new technology and staff in El Salvador in the last six months and plans to inject USD5.2 million more in the central American country by the New Year. The international manufacturer has so far this year set up a new garment dying line at its San Juan Opico, La Libertad department plant, expanded its socks production in the same complex, and increased its workforce to meet global demand.…

THE HONDURAS clothing sector industry association has welcomed the expansion of the Central American Customs Union into a three-country bloc, with El Salvador joining Guatemala and Honduras to forge a light border trading zone of more than 32 million people. El Salvador will officially accede to the union (see below for more information) in November, allowing 95% of products manufactured in its members to freely circulate in the region duty free through common customs, security, and other rules, strengthening local supply chains.…

INDIAN livestock exporters are up in arms after the Indian government withdrew permission to export 25,000 goats and sheep from the western state of Gujarat just before the Islamic festival of Eid al-Adha.

The animals were bound for slaughter in Gulf countries as part of the festivities, which involve copious consumption of meat.…

CANADA’S government has been talking tough about protecting the country’s supply management system, as negotiators conduct what might be the final round of talks to renew the North American Free Trade Agreement (NAFTA), with the United States and Mexico.

Faced with objections from US President Donald Trump about sky-high Canadian tariffs on out-of-quota imports of some foods, including chicken and turkey, Ottawa has stressed that it wants to preserve its supply management of these poultry products within Canada.…

China seems to have given the world nuclear industry back its mojo this summer with two big moves: the signing in June of an order for four Gen 3+ VVER-1200 reactors from Russia’s Rosatom. This certainly got the bubbly flowing at the World Nuclear Exhibition, in Paris, in late June, following two years of sluggish investment in this globalised industry.…

DEBATES are now underway at the European Union (EU) on a proposed revamp of the EU Common Agricultural Policy (CAP), a programme for 2021 to 2027 that would exclude Brexited Britain. As a result of losing UK contributions to the EU from next March (2019), funding for the CAP would fall by around 5% to EUR365 billion, with EUR265.2 billion spent on direct payments for food producers, EUR20 billion for market price support measures and EUR78.8 billion for rural development.…

Malaysia’s newly elected government, in power from May, led by Prime Minister Dr Mahathir Mohamad, came to power in part as to clear draft and corruption from the country. How well is it performing? Poorna Rodrigo reports.

The Mahathir government has pledged a whole raft of measures to fight corruption.…