Trade sanctions are among the many tactics resorted to by the international community in order to compel a state to comply with its human rights obligation.
Large national infrastructure projects have rarely been delivered at the pace of the UK Freeport programme; in March 2020, the government launched its consultation document, and in March 2021 it was announced that, subject to completing the necessary authorisation processes, the above eight locations would become Freeports.
The arguments for digitalising trade processes are well known. Paper-based processes are inefficient, error-prone, and subject to frequent delays––particularly in times of disruption.
Your Monday coffee briefing from TFG – PODCAST | Float or sink: BIMCO discusses eBL adoption, standards, interoperability
Given the complexity of maritime transport, Annie Kovacevic sat down with Grant Hunter, director of standards, innovation, and research at BIMCO, to learn more about hot topics in the industry.
Your Monday coffee briefing from TFG – Commerzbank on standardisation: the key to sustainable trade finance
$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.
Incoterms® are the international terms which determine business-to-business practice in the transport and delivery of goods published by the International Chamber of Commerce (ICC). They set out the important fundamentals of the Incoterms® rules, and the contracts surrounding a typical contract of sale for export/import.
The International Chamber of Commerce (ICC) releases standards for sustainable trade, providing a framework that assesses the environmental sustainability of transactions.
With the trade ecosystem increasingly shifting towards technological advancements, and a market saturated with options in which to digitise trade processes, it can be difficult to cut through the noise.
The world of trade is changing. Increasingly, the topic of environmental responsibility is taking centre stage, with discourse specifically circling around how the finance industry can implement sustainability measures more effectively.
The ITFA Middle East Regional Committee hosted its fourth Trade Finance Forum (TFF) in collaboration with the DIFC Academy on 29 September 2022.
At the European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Program (TFP) Forum in Istanbul, TFG spoke with Vincent O’Brien, director of the International Chamber of Commerce (ICC) in the United Arab Emirates (UAE) and associate director of the Institute of International Banking Law and Practice.
To learn more about the changing nature of global supply chains, Trade Finance Global (TFG) spoke with Standard Chartered Bank’s Kai Fehr, global head of trade and working capital, and Samuel Mathew, global head of flow and financial institution trade, at Sibos, held in Amsterdam this October.
With a global energy and food crisis peaking, alongside hiking inflationary rates and geopolitical tensions, it may seem that the road ahead for the African continent is not as straightforward as one would hope.
Speaking to George Wilson, head of institutional trade finance at Investec, Trade Finance Global (TFG) was able to find out more about the African eco-system.