Your morning coffee briefing from TFG. Korea contributes CHF 290,000 to help developing countries participate in global trade, commodity dependence increased over the last decade, supply chains crisis will leave lasting change on globalisation, food price inflation increases pressure on poorer countries and Brexit trade barriers added £600m in costs to UK importers this year.
Singapore has ratified the Regional Comprehensive Economic Partnership (RCEP) trade agreement, with plans to implement the accord on the 1st January 2022.
The first half of 2021 should be similar to the year 2020, marked by the strongest global recession since the end of the Second World War.
Your Monday morning coffee briefing from TFG. Thousands strike in Myanmar following military coup. South Africa halt rollout of AstraZeneca vaccine over concerns about new strain. Oil prices return to pre-pandemic levels.
In contrast to the stance taken under the Trump administration, the US trade representative’s office has expressed support for Dr Ngozi Okonjo-Iweala
TFG heard from Andreas Tesch of Atradius on the status of credit insurance market in Asia and the key initiatives taken in response to Covid-19’s impact on Asian trade.
In 2012, Asian Development Bank’s Trade Finance Program (TFP) commissioned a unique study, the first of its kind, to understand and quantify the unmet demand for trade finance, known as the global trade finance gap. Over the years, TFP has updated this study to quantify and inform policymakers and market participants about the main drivers for this persistent trade finance gap.
East and Partner’s Martin Smith and Simon Klein discusses emerging Australasian trade finance trends and approaches to capitalize on them. Voice of the Customer Analytics In the face of global… read more →