Fiji mahogany fuelsfuels new resource battle in troubled region; U.K., U.S. Firms fight over highly prized trees

Article Abstract:

This article recounts the efforts of Commonwealth Development Corp. of Britain and Timber Resource Management of the U.S. to become the partner of the Fiji government in the processing of mahogany. When the bid of CDC was accepted, TRM filed several lawsuits alleging libelous and false reports about the company.

Contracts & orders received, LUMBER AND WOOD PRODUCTS, Wood & Wood Products, Wood Product Manufacturing, Fiji, International trade, Forest products industry, Mahogany, Mahogany (Plant), Commonwealth Development Corp., Timber Resource Management

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Sofinco is in talks on joint venture to enter Poland

Article Abstract:

The article discusses the negotiations Sofinco, the consumer-credit unit of French mutual bank Credit Agricole, is having with a Polish finance house regarding a possible joint venture. The firm is also discussing a new partnership with Commercial Bank of Greece, in which Credit Agricole is a big shareholder.

Greece, France, Consumer Lending, Poland, Alliances, partnerships, Personal credit institutions, Consumer Finance Institutions, Commercial finance companies, Consumer finance companies, Sofinco, Commercial Bank of Greece S.A.

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European Commission takes a step toward ending ban on British beef

Article Abstract:

The European Commission has proposed the lifting of the two-year-old prohibition on British beef exports. In March 1996, exports of British beef was banned because of the outbreak of mad-cow disease among British cattles. The plan, if approved, would allow Britain to once again export its beef products, including deboned meat from cattles that are born after August 1996. Franz Fischler, agriculture commissioner at the European Union, said the continuation of exporting British beef products would depend on Britain's compliance to the requirements the country submitted to the commission in 1997, and one of the conditions is having documentation on the origins and movements of all cattle used for export. Britain's beef farmers suffered losses after disposing of large portions of their herds.

Comment:

UK: The European Commission proposes the lifting of the two-year-old prohibition on British beef exports

United Kingdom, Administration of General Economic Programs, Export Controls-Agriculture, Export controls, Agricultural products, Article

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