The trade consequences of Brexit already include a dramatic shrinking of commerce with the EU, an expansion of trade with other allies, and redrawing of supply chains for companies.
Category: United States
How disruption is accelerating inclusive innovation across the global supply chain
A three pillar approach to achieving a more sustainable and inclusive future for global trade
Geopolitical predictions for 2021
2021 is likely to witness an acceleration of ongoing geopolitical shifts, while some emerging markets may experience significant growth tailwinds
The UK’s independent trade strategy: US, Asia, or the EU?
We should be careful not to underestimate the importance of geography in any plan for post-Brexit trade
Supporting Canadian exporters in demanding times
From multi-nationals to micro-enterprises, how EDC is helping Canadian businesses meet the sustainability expectations of their consumers
What the pandemic means for future access to trade finance
The resilience of global supply chains lies with…ANY IDEAS? Alexander Malaket explains what COVID-19 means for future access to trade finance
The strongest recession since WWII. What does 2021 have in stock for global trade?
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.
Gunvor Launches New US $540 Million BioDiesel Borrowing Base
Gunvor Group has successfully closed a new US $540 million borrowing base facility to support the Company’s biodiesel trading activity. The Facility drew strong support among Gunvor’s banking partners, which align with its strategy to promote cleaner products with greener feedstock components complying with EU climate targets to reduce greenhouse gas emissions. The syndication launched… Continue reading Gunvor Launches New US $540 Million BioDiesel Borrowing Base
UK secures vital rollover trade deal with Canada and agrees to start negotiating more advanced deal next year
The UK and Canada have locked in their existing trading relationship, worth £20 billion, and agreed to begin negotiating a new more ambitious trade deal as early as next year. On a video call today (21st November), Prime Minister Boris Johnson and Canadian Prime Minister Justin Trudeau, joined by International Trade Secretary Liz Truss and her… Continue reading UK secures vital rollover trade deal with Canada and agrees to start negotiating more advanced deal next year
Gunvor USA successfully closes USD 1.1 billion borrowing base facility
HOUSTON (23 November 2020) – Gunvor USA LLC (“Gunvor USA” or “the Company”), a subsidiary of Gunvor Group Ltd (“Gunvor” or “the Group”), has closed the syndication of its USD 1.1 billion borrowing base credit facility (“the Facility”). The Facility includes a USD 500 million accordion feature, which remains available to support future growth. The… Continue reading Gunvor USA successfully closes USD 1.1 billion borrowing base facility
President-Elect Biden and the Trading Landscape he Inherits
President-Elect Biden – once he assumes office – will inherit the US trading power, which over the last 4 years has solidified itself as a force to be reckoned with after its aggressive approach to trade.
Gunvor closes USD $1.225 billion revolving credit facility (RCF)
GENEVA (10 November 2020) – Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a USD 1.225 billion revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA. Initially launched at USD 1 billion, the Facility received strong support from Gunvor’s banking partners and showed substantial over-subscription of 22.5%. “The… Continue reading Gunvor closes USD $1.225 billion revolving credit facility (RCF)
CFTC’s Heath P. Tarbert, on integrity, resilience, and vibrancy in the U.S. derivatives markets
TFG heard from the CFTC’s Heath P. Tarbert, on CFTC’s tremendous accomplishments in achieving integrity through sound derivatives regulation.
SWIFT pilots new service for low value cross-border payments
[box] [/box] Brussels 1 October 2020 – SWIFT announces today plans for a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. The service will enable these bank customers to make faster, easier, predictable and competitively priced payments all around the world.… Continue reading SWIFT pilots new service for low value cross-border payments
First exports of UK beef to the USA in 20 years underway
[box] UK beef to be served on US plates for first time in over 20 years, with first exports commencing from a Northern Irish facility. [/box] The first shipments of UK beef are to depart for the USA today (30th September), marking a historic moment for UK farmers and food producers. Following the USA’s longstanding… Continue reading First exports of UK beef to the USA in 20 years underway