Trade Finance & Invoice Finance solutions for businesses to trade, import or export goods, both domestically and globally
As the UK prepares to leave the EU, significant efforts have needed to be made to prepare the government to negotiate for their own Free Trade Agreements. Is the UK ready for such a challenge?
URC and UCP Electronic Rules Update: ICC Issues eRules to advance the digitalisation of trade finance
The International Chamber of Commerce (ICC) announced that it has accelerated attempts to digitalise of trade finance by releasing two new sets of enhanced rules, Uniform Customs and Practise for Documentary Credits (eUCP) and Uniform Rules for Collections (eURC 522).
Inspection and stock management are critical components of overseas trade and the import / export of goods. TFG spoke to Valeriya Ovdienko, Project Manager at DRUM Risk Limited about the physical and transactional risks in the commodity supply chain.