This is not the time to be imposing trade sanctions, it is the time to be lifting trade restrictions and easing tariffs on essential goods. – Simon Paris
Category: For Exporters
For Exporters
Hope for African MSME exporters as banks propose measures to reduce cost of COVID recovery
Ian Sayers, ITCs Senior Adviser for Access to Financing takes a closer look and explains how they may support ITCs work to improve conditions for the continent’s MSMEs.
B.B. Energy Group Holding Ltd. successfully closed its USD197.5m – 1 Year Revolving Credit Facility
[box] B.B. Energy Group Holding Ltd. – known as B.B. Energy – is pleased to announce the successful signing of its USD 197.5 million 1 Year Revolving Credit Facility (RCF). The facility will be used to refinance the existing Revolving Credit Facility signed in 2019 and for general corporate purposes. [/box] The new facility was… Continue reading B.B. Energy Group Holding Ltd. successfully closed its USD197.5m – 1 Year Revolving Credit Facility
UK Export Finance boosts trade support in over 100 countries
[box] As part of the UK Government’s ambition to boost trade globally, UK Export Finance (UKEF) can now provide increased financial support that will benefit UK exporters seeking to win business in over 100 countries worldwide. [/box] Countries that can benefit from UKEF’s increased capacity to provide export finance include Egypt, Paraguay, Serbia, Uganda and Vietnam… Continue reading UK Export Finance boosts trade support in over 100 countries
Trade shows signs of rebound from COVID-19, recovery still uncertain
[box] World trade shows signs of bouncing back from a deep, COVID-19 induced slump, but World Trade Organization economists caution that any recovery could be disrupted by the ongoing pandemic effects. Main Points World merchandise trade volume is forecast to fall 9.2% in 2020. The projected decline is less than the 12.9% drop foreseen in… Continue reading Trade shows signs of rebound from COVID-19, recovery still uncertain
Tradecast – 15th October – Count us in! MSME inclusion in global trade
TFG will be hosting a Tradecast (webinar) on the 15th October, covering topics around MSME financial inclusion, the ever-increasing trade finance gap, and changing Global Value Chains (GVCs), featuring experts from ABSA, Mastercard, ICC and Asian Development Bank (ADB).
2021: Zoom, Starlink, eRules. Is This Year Trade Finance Technology Is Going to Converge?
The Covid-19 pandemic is accelerating trends and technologies that came online before January 2020 and were just getting traction.
Podcast: Building resilience in treasury: leadership, supply chains and cash flow
TFG’s Deepesh Patel heard from Caroline Stockmann, Chief Executive, Association of Corporate Treasurers on lessons learned from the
Covid-19 pandemic on building resilience in treasury.
VIDEO: Natixis Chief Economist Insights – How well are Asian markets faring?
Covid-19 pandemic, the rise of techno-nationalism, US-China trade war, and Singapore string of frauds – just how well are the Asian markets responding to these issues?
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
Podcast: Does Free Trade really work? The Good, Bad and Ugly of Trade
Today we’re joined by UKTPO’s L. Alan Winters, talking about the power of good trade policy, how trade negotiations are done, and how to mitigate the negative effects of trade.
Paving the future of international trade and trade finance
With electronic document rules in place, it is now the role of key players and regulators to go ahead and enable trade finance to take advantage of digital innovation.
Importing and exporting goods to the EU after Brexit: what you need to know
Gareth Bridgland from Perrys Chartered Accountants has outlined the main points to help you prepare your company well ahead of the deadline and make any required adjustments as things change.
No increase in export credit insurance claims paid in the first half of 2020 – Berne Union data for 2020 H1
A preliminary report on the business activity of Berne Union Members in the first half of 2020 indicates that the expected spike in claims due to the COVID- 19 pandemic has not yet been realised. In contrast, export credit claims paid in 2020 H1 were 16% lower overall than for the first half of 2019.… Continue reading No increase in export credit insurance claims paid in the first half of 2020 – Berne Union data for 2020 H1
AFREXIMBANK and ITFC Partner with ARSO to Facilitate Intra-African Trade in Pharmaceuticals and Medical Devices, under the Umbrella of the AATB Program
[box] The new initiative aims to harmonise African standards for pharmaceuticals and medical devices thereby enhancing intra-African trade, reducing substandard counterfeit products, and building resilient regional health systems. [/box] (Jeddah, Cairo, Nairobi, 14 September 2020) – The African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), have partnered with the African Organisation… Continue reading AFREXIMBANK and ITFC Partner with ARSO to Facilitate Intra-African Trade in Pharmaceuticals and Medical Devices, under the Umbrella of the AATB Program