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THE STRIKING of a trade agreement between the European Union (EU) and a UK to pave Britain’s final and full exit from the EU from January 1 has offered US auto exporters opportunities to boost sales to the UK, but with some significant challenges, say experts.…

The onset of the Covid-19 pandemic sparked predictions that the shift of textile industrial capacity from China to lower cost neighbouring countries could intensify, but analysts talking to Twist International say the trend may have stalled in the past year. While production capacity of China’s textile industry has indeed in recent years shifted to south and southeast Asia, some of these transfers have not run smoothly.…

THE REPUTATION of the Caribbean’s major cigar production centres – Cuba, the Dominican Republic and Nicaragua – has dominated global markets for years. But the entire region’s balmy and moist climate and rich soils are ideal for growing cigar wrapper and filler leaf.…

Unprecedently severe bottlenecks in merchandise trades between Asia and the rest of the world caused by Covid-19 economic disruption is continuing to frustrate apparel retailers in Europe and the US. High levels of demand, port congestion and shortages of containers have been pushing up costs, with shipping rates for the Shanghai-Rotterdam and Shanghai-Los Angeles routes on January 21 being up 296% and 153% year-on-year respectively, according to UK-based maritime consultancy Drewry. …

BRITISH and European Union (EU) confectioners must take care to ensure their products meet new origin rules if they want them covered by the duty free goods provisions of the new EU/UK trade agreement struck on Christmas Eve.

The 1,256-page deal includes complex and comprehensive origin rules, such as for chocolate, which can be deemed made in the EU and Britain if all dairy, eggs and honey used are sourced locally, as well as at least 40% of grains, malt, starches and wheat, (which must also not exceed 30% of costs).…

LUXEMBOURG may be a small country, but it is big in dairy, especially milk – with its other main products cheese, butter, butteroil and cream. Growth in the dairy sector of this Grand Duchy, similar in size to the UK country of Dorset and slightly smaller than the US state of Rhode Island, is continuing – even during the market disruption of the Covid-19 pandemic and Brexit.…

WITH Brexit out of the way, as far forging as forging a trade agreement with the UK is concerned, the clear priority of the current European Commission is its European Green Deal policy, which will significantly impact Europe’s energy sector. One strand of this ambitious plan to deliver European sustainability and climate-change neutrality by 2050 is energy efficiency.…

ARAB COUNTRIES MUST JOIN WEST IN DIPLOMATIC ENGAGEMENT WITH SYRIA TO FORGE NEW PEACE

After a 10-year-old civil war in which an estimated 400,000 people have died, calls for restoring diplomatic relations with the ruthless government of Bashar al-Assad, now controlling around 75% of the country, sound like bitter medicine.…

Many of European Union’s 27 member states appear to have been dragging their feet when implementing a key provision of the fifth anti-money laundering directive (5AMLD) (1), setting up a public ultimate beneficial ownership (UBO) register.  The registers should have gone live for the corporate world on January 10, 2020, and two months later on March 10 for trusts.…

Traditionally a society of meat lovers, Russians are now developing a taste for vegetable and cereal-based products that reflect the taste and texture of meat – food manufacturers are eager to cater to this trend.

International companies have been entering this segment in Russia, while ambitious local startups are rapidly expanding their production capacities.…