Podcast | COP28 and beyond: ICC United Kingdom’s views on climate action and sustainable trade finance

At ICC United Kingdom’s annual conference, International Trade and Prosperity Week, TFG’s Deepesh Patel was joined by Chris Southworth, Secretary General at ICC United Kingdom, to discuss the importance for the business of limiting global temperature increase to 1.5° C and what the ICC is doing to support the sustainable transition.

Q&A with Absa: Trade finance’s role in a sustainable future

To talk about Absa’s sustainability plans, Trade Finance Global’s Brian Canup spoke with Msizi Khoza, Managing Executive ESG, Absa and Ovizikhungo Sicwetsha, Pan African Head, Short Term Finance, Absa.

VIDEO | From the boardroom: FCI reflections on receivables finance and factoring

In this video, Neal Harm, (incoming) Secretary General of FCI, sat down with Peter Mulroy, (outgoing) Secretary General of FCI and Daniela Bonzanini, (outgoing) FCI Chairwoman reflect on the organisation’s evolution, strategic initiatives, and the future of factoring.

Global trade shows resilience (for now) in the face of increased fragmentation: Standard Chartered Global Research special report

Global trade has shown remarkable robustness in the past few years, even under progressively difficult operational circumstances. While there’s a gradual downturn underway, there are still promising factors. 

Video | UNIDROIT’s Model Law on Factoring and IFC’s Knowledge Guide in Marrakech

The FCI 55th Annual Meeting in Marrakech marked an important moment in receivables finance as the International Institute for the Unification of Private Law (UNIDROIT) launched the Model Law on Factoring. 

European Parliament approves of new EU-New Zealand trade deal

Today, the European Parliament approved a Free Trade Agreement (FTA) between the EU and New Zealand. The FTA will eliminate all tariffs on EU exports to New Zealand upon its implementation. Additionally, 98.5% of EU tariffs on New Zealand’s trade will be removed within seven years.  The agreement passed with broad support, with 524 votes in… Continue reading European Parliament approves of new EU-New Zealand trade deal

UK and South Korea start talks on new trade deal

The United Kingdom and South Korea are set to begin discussions on a new, comprehensive trade deal aimed at amplifying bilateral trade.  South Korea, the world’s 13th largest economy, is experiencing a surge in import demand, signalling increased opportunities for premium British goods and services. Concurrently, the two nations will declare a historic £21 billion… Continue reading UK and South Korea start talks on new trade deal

Seizing the COP28 moment: Top strategies for trade finance’s path to net zero

Trade finance providers have a critical role to play in the low-carbon transition. Through their lending decisions, they hold massive influence in some of the most carbon-intensive companies and supply chains, and they can use this leverage to push for much-needed progress on climate. 

Monetary Authority of Singapore announces live trial of CBDCs in 2024

According to Ravi Menon, the Monetary Authority of Singapore’s (MAS) managing director, Singapore is set to trial the live issue and utilisation of wholesale central bank digital currencies (CBDCs) in 2024. Menon, speaking at the Singapore FinTech Festival 2023 on Thursday, revealed plans to extend their experiments in the coming year, but did not provide… Continue reading Monetary Authority of Singapore announces live trial of CBDCs in 2024

Boosting profits and cutting emissions: How resource companies are embracing digital fuel management

Digital fuel management technology is making the mining industry less carbon-intensive and more profitable amid a mass shift to renewables-generated energy.

EU considers extending steel and aluminium trade truce with US

The European Union is considering extending its current truce with the US concerning steel and aluminium trade. This move could circumvent ongoing stagnant talks and prevent the re-imposition of tariffs on approximately $10 billion worth of cross-Atlantic exports. With the tariffs set to resume automatically at the end of the year, an extension would allow… Continue reading EU considers extending steel and aluminium trade truce with US

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