At the FCI conference in Tashkent, Uzbekistan, Trade Finance Global spoke to Neil McKain, Country Manager for Uzbekistan at IFC, Davron Ismailov, CEO of Yangi Finance, and Sanjar Nosirov, Director of the Credit Institutions Regulation Methodology Department at the Central Bank of the Republic of Uzbekistan, to learn about the growth of cross-border and domestic trade within Central Asia and what factoring and supply chain finance can do to help.
The rejection comes as President Prabowo Subianto’s government maintains its stringent stance on local content requirements, which mandate that 40% of components in mobile devices be sourced domestically as part… read more →
This article covers the Hague-Visby Rules’ one-year time bar in relation to trade finance issued against a bill of lading as security and a claim for mis-delivery.
In light of Canada’s Prime Minister Trudeau resigning as his party’s leader in early January, and with Mexico’s President Sheinbaum only holding office since October, Donald Trump may be facing an entirely new set of neighbours upon taking office at the end of the Month.
The unprecedented measure, unveiled on Thursday as part of the government’s 2025 Economic Policy Direction, comes as Asia’s fourth-largest economy braces for tepid export growth of just 1.5% this year,… read more →
Since 1999, the Malaysian government has introduced several initiatives to modernise its procurement processes and enhance economic inclusivity. Among these is the e-Perolehan system, which translates to the e-Procurement system, also known as “eP”.
To discuss these potential implications and explore how a second Trump presidency will reshape global trade, finance, and geopolitical dynamics, Trade Finance Global spoke with Rebecca Harding, Economist at Rebecanomics; Robert Besseling, CEO at Pangea Risk; Alyssa DiCaprio, former Chief Economist at R3; and Simon Everett, Trade Policy Expert on the day the results were announced.
While China’s ties to Latin America may go back centuries, its influence in the region has rapidly grown since 2001 when China entered into the World Trade Organisation. Political and economic ties were then quickly forged; social ties too, with large Chinese communities currently in Brazil, Cuba, Paraguay, Peru, and Venezuela.
Small and medium-sized enterprises (SMEs) are the backbone of any national economy, a characteristic that is pertinent in Uzbekistan. Not only do SMEs account for almost 50% of the national GDP, but they also employ almost 80% of the workforce—the biggest source of employment in a nation where unemployment is high, at around 7%.
The Emerging Africa & Asia Infrastructure Fund (EAAIF) announced a $40 million investment to support 2.3 GW of renewable energy projects in Egypt, including the Suez Wind Project and Benban and Wahat solar PV plants.
