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Search Results for: european union

10 results out of 18010 results found for 'european union'.

Cheese (Kars, Turkey) by Sasha India

TÜRKIYE DAIRY PRODUCTION FALLS AS INDUSTRY STRUGGLES WITH INFLATION AND DEPRECIATING LIRA

Türkiye is one of the top 10 milk producers worldwide, according to the Turkish National Dairy Council (Ulusal Süt Konseyi - USK) but the country’s dairy sector has been impacted over the past two years by high inflation and the depreciation of the Turkish lira (1). Production is slowly rebounding, with demand driven by the country’s growing population and new export markets.  

“Until the Covid pandemic the dairy sector was growing really well, then it started to decrease due to inflation and other issues, and has not really recovered,” said Shirley Kaston, co-founder of the Kök Projekt, a food start-up accelerator and consultancy in Istanbul.  
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"Defenders of Donetsk Airport" commemorative coin. Photo Credit: Oleksandr K.

UKRAINE STEPS UP FIGHT AGAINST COMMERCIAL CRIME, BUT CONCERNS REMAIN

Ukrainian authorities, with the support of their European counterparts, are working to rid Ukraine of its former corrupt past – they are having mixed success. Dylan Carter reports. 

While Ukraine battles an invading Russian enemy currently occupying approximately 18% of Ukrainian territory (1), it is also focused on its battle with the ‘enemy within’, namely elevated levels of corruption and other commercial crime. 

Since the Revolution of Dignity in 2014, Ukraine’s pro-Western authorities have worked tirelessly to align themselves with European Union (EU) anti-corruption and anti-fraud efforts, notably establishing the National Anti-Corruption Bureau of Ukraine (NABU) in 2014, which prepares corruption cases for prosecution by a Specialised Anti-Corruption Prosecutor’s Office.

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Chinese Yuan. Photos Credit: Mussi Katz

CHINA CRACKING DOWN ON WEAK AUDITING OF ACCOUNTING CRIME

Major companies in China are under tightening scrutiny for accounting fraud, with major audit firms facing punishing penalties for turning blind eyes. Keith Nuthall, Jens Kastner and Sara Lewis report. 

The Chinese auditing unit of accounting giant PwC has been fined a record Chinese Yuan Renminbi CNY441 million (USD62.7 million) and banned from auditing in mainland China for six months after a regulator concluded it had “covered up and even condoned” fraud.

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Photo Credit: EU-Austritt_(47521165961) - https://www.flickr.com/photos/foto_db/47521165961/

CHEMICAL REGULATION DILEMMA FOR NEW UK GOVERNMENT

The election of a new Labour government in the UK comes at a critical time for chemical regulation in Great Britain (GB) – and hence textile-finishing materials. Public consultation is currently underway on potential changes to how GB (not Northern Ireland) regulates its chemical industry and market.  

When the UK left the European Union (EU) on 1 January 2021, it also left the EU’s comprehensive REACH chemical control system, which was formally replaced by a UK REACH system. This mirrored EU REACH, grandfathering existing registrations and restrictions to the national system, although GB companies lost access to EU databases run by the European Chemicals Agency (ECHA).…

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ASIAN PAINT REGULATORY ROUND UP – CHINA CRITICISES EUROPEAN TITANIUM DIOXIDE ANTI-DUMPING DUTY

The China National Coatings Industry Association has complained that a European Union (EU) anti-dumping investigation into Chinese exports of titanium dioxide have sparked anti-dumping tariff rates far higher than expected. The provisional anti-dumping rates announced by the European Commission in July were 39.7% for the Longbai Group, 14.4% for Anhui Jinxing Titanium Dioxide Group, 35% for other responding companies, and 39.7% for other non-responding companies.

The China Coatings Industry Association warned that if this tax rate is implemented, it will seriously affect the exports of Chinese titanium dioxide companies and the future development of the industry. 
 
*The Indonesian Paint Manufacturers Association (APCI – Asosiasi Produsen Cat di Indonesia) has worked with the government to launch a high school programme, promoting and explaining paint technology.  
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Countries of central Asia. Image Credit: https://commons.wikimedia.org/wiki/File:Flag_map_of_central_asia.png

ASIAN PAINT REGULATORY ROUND UP – VIETNAM EXPANDS IMPORT SAFETY CONTROLS TO ALL CHEMICAL INPUTS 

Vietnam’s ministry of industry and trade (MOIT) has released a draft amendment to the country’s Law on Chemicals. The draft amendment stipulates that all chemicals, including paint and coating ingredients, must be declared when imported through Vietnam’s National Single Window Information Portal.

Under current regulations, only certain chemicals must be declared when imported, leading to the possibility of many dangerous and toxic chemicals imported into Vietnam. The MOIT explained that this weakness was especially relevant for new chemicals imported into Vietnam for the first time, impeding the government’s ability to update the list of chemicals that must be declared, hindering the identification of new chemicals, needed to apply management and safety procedures. 
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ISSB PUSHES FOR ITS STANDARDS TO BE SUSTAINABILITY REPORTING GLOBAL BASELINE

An International Sustainability Standards Board (ISSB) symposium in Montréal, Canada, has heard how accounting standards experts are striving to build a “global baseline” of regulation based on ISSB standards, despite the contrasting guidance being developed worldwide. 

Speaking at the event on Friday (Feb 17), Mark Carney, UN special envoy for climate action and finance, and former central bank governor for the UK and Canada, said of the baseline: “It’s critical. You need compatible information.”  

Mr Carney stressed ongoing discussions between the ISSB and major jurisdictions, such as the EU (European Union), the USA and Japan, about the need for regulatory harmony.

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UK-GERMANY NEUCONNECT INTERCONNECTOR COULD PROVIDE MODEL FOR CHEAP CLEAN ENERGY DISTRIBUTION

In late-July, the European Investment Bank (EIB) agreed on the financing structure of NeuConnect, the first ever energy link connecting Germany and the United Kingdom, two of the largest electricity markets in Europe.

The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).  Other financiers include the UK Infrastructure Bank, which will focus on the stretch within UK maritime and land territory, and the Japan Bank for International Cooperation (JBIC).

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SUSTAINABILITY ACCOUNTING STANDARDS – IMPACT ON TEXTILES INDUSTRY



INTRODUCTION 

 

ACCOUNTING used to be restricted to financially measurable matters of profit and loss; expenditure and revenue; taxes and subsidies; investment and liabilities. But the mathematical and statistical skills underpinning a solid set of books and filed accounts are today increasingly being used to measure the environmental and social sustainability of a product, input, production process and supply chain.…

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MATERNITY SUPPORT GARMENTS SECTOR IS MAJOR GROWTH SEGMENT THAT REQUIRES STANDARDISATION WORK



It is maybe surprising that maternity support garments (MSGs) are still a niche segment, even though women of childbearing age constitute approximately one-quarter of the populations of developed countries. Indeed, tubular bands made out of cotton and elastane are still commonly used instead of MSGs across the world. …

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