COVID-19 puts international trade to a halt following the closure of the Ningbo-Zhoushan port in China and causing a global microchip shortage. There are other unanticipated issues to account for, such as the Suez Canal blockage.
World trade of goods has declined some 12% in the last year, representing a loss of $22 trillion USD of trade. Is it all doom and gloom for trade, or will we see a resurgence?
What is trade? Why is trade important? How does it work? What is the role of major trading institutions? What is a trade deficit? Find all the answers here!
Global supply chains have been hit by a surge in Covid cases in southern Vietnam, aluminium prices are at a 10 year high as global demand surges
The International Chamber of Commerce (ICC) Banking Commission recently announced a single Steering Committee for its work on trade, supply chain and export finance, comprising one Chair and 12 Vice-Chairs.
Closing a deal between an unknown buyer and seller is difficult. Add to this the cross-border element and the many different agents on the way, and trade suddenly gets complicated.
Swiss Export Risk Insurance SERV gives EPC contractors access to attractive ECA-covered financing through its ECA pathfinding approach. This also enables Swiss exporters to benefit from such infrastructure projects.
Reporting Export Incidents, whether on a voluntary or involuntary basis, as well as investigating non-compliance in relation to trade finance operations, is of huge importance to multinationals, banks and policy makers. With that in mind, Spencer Chilvers, Head of Export Control Policy, Rolls-Royce to discuss export controls, the current sanctions environment, and the future, on Trade Finance Talks!
Your morning coffee briefing from TFG. Global foreign direct investment is set to partially recover after plummeting in 2021. Enhanced Integrated Framework (EIF)’s Annual Report highlights resilience of poorest countries despite the COVID-19 pandemic.
Eleonore Treu, Hugo Verschoren and Donald Smith, breakdown Letters of Credit and some of the prominent issues surrounding this instrument. Is there a need for a new “Lite” LC product? How to mitigate the complexity and discrepancies inherent to Letters of Credit?
The ICC has published its 2019 and 2020 interim findings from its Trade Register on the performance of short-term trade and supply chain finance assets.
In partnership with ICC Austria, Trade Finance Global’s Editor, Deepesh Patel, hears from Kwabena Ayirebi from AfreximBank and Isaac Mahanke from Standard Bank about trade digitisation, compliance and risk in a post-COVID-19 world.
Department for International Trade (DIT) launches new mentorship programme to help UK farmers and food producers boost their exports.
The Confederation of British Industry (CBI) has identified that exporting is one of the unique opportunities for the UK government to rebuild its economy.
Trade Finance Global (TFG) is excited to announce that we have partnered with Trade and Export Finance (TXF) for two of their upcoming 2021 flagship conferences