Trade Hub – What is International Trade?

TFG International Trade Hub

Trade Finance Global / Trade Hub – What is International Trade?

Introduction to International Trade

Global trade involves the transfer of goods and services, both domestically and internationally. In the TFG international trade hub, you can find out the latest on global trade, including free trade, customs related news, trade terminology, free trade agreements and current trade negotiations.

Featured Insights

ICC Banking Commission announces new committee in a major management reshuffle The International Chamber of Commerce (ICC) Banking Commission recently announced a single Steering Committee for its work on trade, supply chain and export finance, comprising one Chair and 12 Vice-Chairs.
Not all plain sailing – Three Important Functions of Marine Bills of Lading Closing a deal between an unknown buyer and seller is difficult. Add to this the cross-border element and the many different agents on the way, and trade suddenly gets complicated.
The IMDA TradeTrust interoperability framework: Road to achieving cross-border, paperless trade A session by Loh Sin Yong from Infocomm Media Development Authority (IMDA) at TXF’s Global Trade Virtual 2021, explored one potential solution to the now highly paper-reliant trade.

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Videos – International Trade

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Free Trade and Free Trade Agreements (FTA) – Latest

UK and Australia form first post-Brexit trade deal The UK and Australia have entered into a momentous trade agreement, the first on the road to the post-Brexit economy. This deal is the first stepping stone on the UK’s journey to joining a wider Asia Pacific trade agreement.
UK signs £1.2bn trade partnership agreement with Ghana The UK has signed a £1.2bn trade partnership agreement with Ghana promising tariff-free trade. The terms of the economic partnership agreement reinstate the two sides when the UK was part of the EU.
UKEF to guarantee buyer loans up to £30 million UK Export Finance (UKEF) is launching a new guarantee scheme that will help importers of UK goods and services obtain easier access to financing up to £30 million.
UK-India trade poised to double to £50bn, Santander report reveals Trade between UK and India could double to £50 billion before the end of the decade, according to a joint report by Santander and the Indian High Commission.
Indian firms to create 1,500 new jobs in the UK Indian firms Tata Consultancy Services and Wockhardt are to create over 1,500 jobs in the UK.
FAQs ‘Lifting 30 million people out of extreme poverty’ – The impact of AfCFTA The impact of AfCFTA will not just be economic. The free trade agreement will bring long term social and environmental change for the continent.

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Latest Trade News

30Jul

Trade between Moscow and the EU increased to USD 27.46 billion in the first quarter of 2021

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From January to March 2021, trade between Moscow and EU member countries rose to USD 27.46 billion, representing a 2%… Read More →

28Jul

ICC Banking Commission announces new committee in a major management reshuffle

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The International Chamber of Commerce (ICC) Banking Commission recently announced a single Steering Committee for its work on trade, supply… Read More →

22Jul

New trade report indicates UK should reject ‘green protectionism’ and focus on free markets to address climate change

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A new report published on the 21st of July highlights how free and fair trade can support and accelerate the… Read More →

19Jul

Not all plain sailing – Three Important Functions of Marine Bills of Lading

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Closing a deal between an unknown buyer and seller is difficult. Add to this the cross-border element and the many… Read More →

15Jul

EU unveils plan to become first climate-neutral continent by 2050

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European Union unveiled new legislation to help meet its goal of reducing net greenhouse gas emissions by at least 55%… Read More →

14Jul

United Kingdom forms closer alliance with Norway, Iceland and Liechtenstein with free trade deal

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The UK, Norway, Iceland and Liechtenstein are taking a step forward in their £21.6 billion relationship with a free trade… Read More →

12Jul

ITFC-SESRIC’s new report: economic impacts of the AfCFTA on selected OIC countries

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ITFC and SESRIC’s report focused on selected OIC countries, exploring the importance of creating regional value chains and support smart… Read More →

07Jul

Podcast: Sanctions – Rolls Royce, on the tactical complexities of voluntary reporting

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Reporting Export Incidents, whether on a voluntary or involuntary basis, as well as investigating non-compliance in relation to trade finance… Read More →

07Jul

FCI’s 38th edition of the Global Factoring Annual Review is here

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FCI has just published their Annual Review – a globally recognised publication in the world of Factoring and Receivables Finance…. Read More →

05Jul

The IMDA TradeTrust interoperability framework: Road to achieving cross-border, paperless trade

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A session by Loh Sin Yong from Infocomm Media Development Authority (IMDA) at TXF’s Global Trade Virtual 2021, explored one… Read More →

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