Letters of credit remain a core part of documentation in international trade. Despite the ease in cross-border payments facilitated by fintech companies, letters of credit continue to present themselves as indispensable documents in trade finance.
Trade sanctions are among the many tactics resorted to by the international community in order to compel a state to comply with its human rights obligation.
This article posits that human rights due diligence is the most practical approach to addressing climate change concerns and achieving other sustainable development goals.