News

Trade Finance Global and the International Trade & Forfaiting Association (ITFA) will shortly be hosting a live Tradecast on LinkedIn, YouTube and via webinar (tradecast).

Your Monday morning coffee briefing from TFG. The IMF upgraded its growth forecasts for developed countries and said the global recession would have been three times as deep had governments not intervened.

Singapore has ratified the Regional Comprehensive Economic Partnership (RCEP) trade agreement, with plans to implement the accord on the 1st January 2022.

Your Monday morning coffee briefing from TFG. The WTO is forecasting growth in global merchandise trade of 8.0% this year following a contraction of 5.3% in 2020.

WTO, TFG and ICC have today launched their latest publication ‘Accelerating trade digitalization to support MSME financing’

Your Monday morning coffee briefing from TFG. A container ship ran aground, blocking the Suez Canal which carries about 12% of global maritime trade. The blockage may take some time to clear, further disrupting global shipping, already beset by high freight costs and delays caused by the pandemic.

Suez disruption – ‘The straw that breaks the camel’s back’

More than 90% cost savings could be possible from using distributed ledger technology to handle authoritative digital original documents

Your Monday morning coffee briefing from TFG. The OECD upgraded its forecasts for global growth this year, mainly due to the sizeable $1.9t stimulus in the US. UK exports to the EU fell by a record 40.7% in January following the end of the post-Brexit transition period.

ICC, TFG and WTO are partnering at the 2021 Global Trade & Blockchain Forum, themed “Accelerating Trade Digitalization through DLT”.

LONDON, March 16, 2021. Trade Finance Global released its spring issue of Trade Finance Talks entitled ‘A pathway towards sustainable trade finance’.

Your Monday morning coffee briefing from TFG. The OECD upgraded its forecasts for global growth this year, mainly due to the sizeable $1.9t stimulus in the US. UK exports to the EU fell by a record 40.7% in January following the end of the post-Brexit transition period.

SWIFT announces today that its KYC Registry will become the first global utility to integrate the International Chamber of Commerce’s (ICC) Sustainable Trade Finance Guidelines, making it easier for financial institutions to identify environmental, social and governance (ESG) risks in their supply chains.

Today is International Women’s Day 2021. We celebrate 50 outstanding women in global trade – read their stories here.

Your Monday morning coffee briefing from TFG. The UK has now administered 22.2m first vaccine doses and 1.1m second doses. Per 100 population, the UK has administered 34 doses, ahead of the US (26), Germany (9) and France (8) but behind Israel (100) and the UAE (63).