In an exciting development for UK businesses, the UK’s trade deals with Australia and New Zealand have officially come into force today, 31 May, marking the first negotiated trade agreements… read more →
The Brainy Insights, a market intelligence firm, has projected that the global invoice factoring market, valued at $2.74 trillion in 2022, is set to surge to a whopping $6 trillion… read more →
The African Union Commission (AUC) and the International Trade Centre (ITC) have come together to solidify their ongoing partnership. The two groups signed a memorandum of understanding (MOU) at the… read more →
In international trade, shipping containers are vital for transporting goods safely and securely. To use them, however, many shipping lines require traders to put down deposits – known as container deposits – to safeguard against possible liabilities such as damage, demurrage, or total loss of the container.
During the European Bank for Reconstruction and Development’s (EBRD) 32nd Annual Meeting and Business Forum in Samarkand, Uzbekistan, TFG spoke with several industry leaders to learn more about the particulars of a first-of-its-kind transaction.
At the ICC United Kingdom and C4DTI, Trade Finance Global’s (TFG) Deepesh Patel spoke with Nick Davies, Director of the ICC’s United Kingdom C4DTI, to learn more about their role in accelerating the adoption of digital trade.
Factoring is a relatively new product for the Georgian market, developing in 2007. The factoring market in Georgia began with the technical advisory support of European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Programme (TPF) to facilitate and pilot the implementation of factoring with a Georgian bank.
The resilience of Ukrainian businesses deserves special attention. Entrepreneurs have not only survived the beginning of the war, but continue to develop their businesses. According to a survey, as of March 2022, only 13% of enterprises were operating as they were prior to the war, 48% were operating at partial efficiency, and 35% suspended operations and were waiting for better times.
The Arab region has seen significant progress in education, particularly for women, thanks to the ambitious Visions for 2030 and the United Nations’ Sustainable Development Goals (SDGs). Governments have prioritised education reform to break generational cycles of poverty, inequality, and stagnant economic growth, leading to Arab women excelling in education and driving regional prosperity.
The dematerialisation of invoices and other supply chain documents is set for rapid growth. Most importantly the B2B market can be expected to build on the success of larger enterprises in automating their accounts payable and receivable processes to spread e-invoicing practices to small and medium-sized businesses (SME).