Today, Trade Secretary Kemi Badenoch flew to Switzerland to launch negotiations on a new UK-Switzerland free trade agreement (FTA) to boost trade between the two services superpowers. Switzerland is one… read more →
US semiconductor imports grew 13% in value during the start of 2023, highlighting the country’s lasting reliance on foreign chip needs. Though efforts have been made to shift supply lines… read more →
Though an important instrument in international trade, letters of credit are complex, and their definition can cause confusion….
Greek companies engaged in international activities will benefit from a new €200 million trade finance partnership between the European Investment Bank (EIB) and HSBC Bank plc announced in Athens today,… read more →
UKEF financing will promote investment between the Morrocco and the UK by helping Moroccan buyers access support to deliver projects. UK Export Finance (UKEF) has today announced up to £4… read more →
$1.4 trillion dollars. Enough money to make anyone pause. That’s the current worth of the global pharmaceutical industry. The COVID-19 pandemic had far-reaching negative ramifications, but it was also a time of notable growth for the pharmaceutical sector.
ICC Trade Register confirms that for larger banks, credit risk in trade, supply chain, and export finance fall back to pre-pandemic levels.
A new report on Thursday claimed that China is willing to cooperate with countries along the China-Europe Railway Express lines, jointly promoting the construction of major infrastructure projects. This will… read more →
Conflict with Russia has created a multitude of substantial repercussions for economies around the world, not least an ongoing disruption within the global energy market.
The ongoing Russia-Ukraine conflict has created ripples throughout many channels of the trade finance industry, not least the agricultural sector. In response, China has turned toward Brazil in a bid… read more →
In addition to the joint sanctions placed on Moscow by the UK and other NATO countries in February, Office for National Statistics (ONS) figures have confirmed that UK private energy firms no longer import any oil or gas from Russia.
New research from Allianz Trade shows that reducing non-tariff barriers to trade could lower inflation by 4.5 percentage points (pp) in the EU and by 2pp in the US. Nearly… read more →
Structured trade finance is a type of debt finance that structures trade finance products from across the supply chain together. Learn everything you need to know about structured trade finance here.