Heavy burden is left upon UK government and private sectors as they comply with WTO rules in anti-dumping cases to impose duties on foreign exporters that are undercutting UK manufacturers.
TFG heard from EXX Africa’s Keri Leicher, on the economic, political and health crisis in Africa caused by Covid-19 pandemic. Keri spoke of Africa’s high level of debt and silent attacks affecting the continent’s security.
Here the story has been less dramatic. After the initial collapse in the pound to a 35-year low against the USD and 11-year low against EUR, we’ve seen a recovery to a level slightly above the average since the Brexit vote.
“WTO economists believe the decline will likely exceed the trade slump brought on by the global financial crisis of 2008-2009″
Unexpected and unpredictable, COVID-19 has already made a huge impact on global economies and markets, including the currency market.
With Vision 2030, Saudi Arabia has embarked on the boldest model of economic and social reform anywhere in the world. TFG spoke to SABB about this transformation in raising the Kingdom’s non-oil trade from 16% to 50% of GDP.
We heard from BCG’s Sukand Ramachandran on the consequences of trade wars and Brexit for global trade, and what this could mean for 2020. Will there be a downturn or disruptive shock, or will innovation and new capital help trade in the next 12 months?
It’s TFG’s first ever Podcast Takeover, and we welcomed Michael Bickers, Editorial Director of BCR Publishing, who Trade Finance Global have partnered with for the BCR Supply Chain Finance Summit APAC on the 15th and 16th of October in Singapore.
The nature of Xi Jinping’s political hegemony has altered China’s conduct and outlook of international trade; based on China’s economic past, what could this spell for the future?
History’s most ambitious and extensive infrastructure project is currently underway. If successful, China will become the world’s undisputed Centrepoint of trade. However, such a triumph will not come easily.
