It's the Law.ANTIDUMPING an·ti·dump·ing adj. Intended to discourage importation and sale of foreign-made goods at prices substantially below domestic prices for the same items. Argentina's Secretary of Industry, Commerce and Mining has cleared the way for a probe into allegations that Japan is dumping steel and iron tubes on the local market. www.mecon.gov.ar/SICyM/default1.htm Mexico is investigating whether antidumping duties are due on frozen boneless Bone´less a. 1. Without bones. Adj. 1. boneless - being without a bone or bones; "jellyfish are boneless" beef from the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Officials say some imports may have been misclassified to win duty-free status. Mexico recently renewed similar duties on European Community European Community: see European Union. European Community (EC) Organization formed in 1967 with the merger of the European Economic Community, European Coal and Steel Community, and European Atomic Energy Community. beef. www.secofi.gov.mx BANKING & CREDIT The Central Bank of Brazil The Brazilian Central Bank (Portuguese: Banco Central do Brasil) is Brazil's highest monetary authority in, and the country's governing body in, finance and economics. It was established on December 31, 1964. The Central Bank is linked with the Ministry of Finance. has issued new rules regarding bank check transactions by financial institutions. Effective Feb. 28, records of deposits, transfers of funds and other transactions must be held for five years. www.bcb.gov.br CUSTOMS Mexico has slapped a quota on brandy imports through June 30, 2001. The quota affects 2.25 million liters of liquor from Europe; 5% of the imports are earmarked for national retailers not previously involved in brandy importation. www.cofemer.gob.mx ENERGY Thanks to a loophole in the law, tax exemptions on Brazil's oil exports have been extended to oil and gas exploration. In a bid to boost oil and gas activities in the country, assets related to drilling and extraction can be sold to foreign-based individuals as an export. www.mme.gov.br ENVIRONMENT Mexico released criteria for a debt exchange program. Applicants from the private sector may submit project proposals as part of the debt conversion, which aims to promote sustainable development Sustainable development is a socio-ecological process characterized by the fulfilment of human needs while maintaining the quality of the natural environment indefinitely. The linkage between environment and development was globally recognized in 1980, when the International Union in industries like logging and fishing. www.semarnat.gob.mx MEDICINE & HEALTH Mexico's Department of Health has set new standards for equipment and germicidal germicidal /ger·mi·ci·dal/ (jer?mi-si´d'l) antimicrobial (1). germicidal destructive to pathogenic microorganisms. agents used in the burgeoning water treatment industry. www.ssa.gob.mx SECURITIES To protect investors, Brazil will audit securities traded through the Internet. The auditing will focus on brokerage firm clients using the Sao Paulo Stock Exchange's "Home Broker" system. www.bovespa.com.br; www.cvm.gov.br Consumers in Mexico can obtain free legal assistance in disputes brought by financial service providers. The National Commission for the Protection and Defense of Financial Service Consumers will offer the aid in response to an increase in foreign-based financial services. www.shcp.gob.mx |
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