The head of the International Chamber of Commerce (ICC) has written an open letter calling on major institutions to protect small businesses impacted by economic sanctions on Russia. John W.H.… read more →
Letters of credit are one of the most commonly used trade finance instruments, and they are a great way to increase security and mitigate risk during a trade transaction
The race is on to lead the world in electric vehicle (EV) production. Will China dominate, or will the EU and Japan forge ahead?
UK Export Finance (UKEF), the UK’s export credit agency, has signed a new green finance agreement with London-based Offshore Design Engineering (ODE). Under the deal, HSBC UK will provide a… read more →
In our latest podcast, TFG’s Deepesh Patel spoke with Saskia Rietbroek of ACSS and Michael Byrne of IIBLP on sanctions busters, sanctions compliance, and new maritime guidance for financial institutions
Several public and private banks and financial institutions have imposed trade and commodity finance restrictions on Russia amid the escalating conflict in Ukraine
Freeports are a special kind of air, rail, or seaport, where normal tax and customs rules don’t apply, says John Lucy, director of Liverpool City Region Freeport
Twenty years ago Asia had a 12% share of the global factoring market. Today that share is 25%.
In this article, FCI’s Lin Hui looks at factoring’s two decades of steady growth in Asia, and where the industry goes from here…
If you are a UK business that is importing or exporting goods post-Brexit, then you will need to be familiar with UK customs declarations
Germany’s exports rose 14% in 2021 compared with 2020, but the country’s trade surplus fell almost 60% towards the end of the year. New data from Germany’s Federal Statistical Office,… read more →
UK Export Finance (UKEF), the export credit agency of the British government, has issued a £500 million loan guarantee to carmaker Jaguar Land Rover. The guarantee, announced yesterday, will support… read more →
Letters of credit, forfaiting, factoring, export finance, and trade credit insurance: the most popular trade finance techniques companies are using in international trade
UK exporters sealed over £70 million in sales to South Korea during 2021, with the help of trade shows backed by the UK government. British-made products ranging from hydrogen fuel… read more →
Germany’s trade surplus shrank for four consecutive months towards the end of 2021, as imports to Europe’s largest economy hit another record high. New data from Germany’s Federal Statistical Office,… read more →
The UK’s trade deficit with China has more than tripled after a year of lockdowns during the COVID-19 pandemic.