The potential impact of the UK’s incoming Electronic Trade Documents Bill goes far beyond a boost to the country’s trade prospects. By enshrining in law that a digital document is equivalent to physical paper, the reform means that counterparties can issue and process documents electronically by default, – and with UK law acting as the basis for trade transactions across much of the world, the opportunity for transformation is unprecedented.
Bahrain and the UK have officially entered into a memorandum of understanding (MoU) to establish a strategic investment and collaboration partnership. The agreement paves the way for Bahrain‘s private sector,… read more →
On Friday, the World Bank revealed its approval of $1.5 billion in financing aimed at expediting the development of India’s low-carbon energy sector. This financial support serves to bolster India’s… read more →
The U.S. trade deficit in goods narrowed in May as imports declined, but the improvement was probably insufficient to prevent trade from being a drag on economic growth in the… read more →
According to a study released on Wednesday by the US-based Atlantic Council think tank, 130 nations, representing 98% of the global economy, are currently exploring digital variants of their currencies.… read more →
Though international trade is a complicated industry, there is one truth that is simple: the world runs on finance. There is a mind-boggling amount of capital floating around the globe. However, access to this financing has proven difficult for many companies and countries.
In a bid to bolster the robustness and competitiveness of Morocco’s private sector, the European Bank for Reconstruction and Development (EBRD) has granted Bank of Africa – BMCE Group (BOA)… read more →
Today, the Law Commission of England and Wales published their recommendations for reforming and developing digital asset laws. Digital assets – which include crypto-tokens (sometimes referred to as ‘cryptocurrencies’) and… read more →
The Reserve Bank of India announced on Wednesday that India‘s current account deficit witnessed a substantial reduction in the January to March quarter, primarily due to a moderation in the… read more →
Today, Japan declared its decision to reinstate South Korea as a preferred nation with fast-track trade status, effectively ending a prolonged four-year economic row that had exacerbated their bitter historical… read more →
