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.
Category: supply chain management
Liam Fox makes SMEs across the globe his priority as Director-General contest continues
[box] Dr Liam Fox today warns that the World Trade Organization must seek new solutions to help businesses in developing countries to overcome barriers to international trade. [/box] He believes domestic reform and integration into the global trading system are more effective at increasing global prosperity than development finance. Speaking shortly after going through to… Continue reading Liam Fox makes SMEs across the globe his priority as Director-General contest continues
Mastercard and Asian Development Bank build multi-stakeholder alliance to digitalize supply chains for wholesalers and retailers
[box] • Creates a new digital pathway to credit for wholesalers for better cash flow management and inventory investments • Collaborative solution digitally integrates Fast Moving Consumer Goods (FMCG) marketing campaigns with wholesale and retail inventories and promotions to drive more supply chain efficiency and sales [/box] SINGAPORE – SEPTEMBER 8, 2020 – Mastercard and… Continue reading Mastercard and Asian Development Bank build multi-stakeholder alliance to digitalize supply chains for wholesalers and retailers
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
BAFT Announces New Payables Finance Principles
WASHINGTON — BAFT, an international financial services association, recently announced the publication of BAFT’s Global Trade Industry Council Payables Finance Principles to inform the industry on the payables finance supply chain finance product. Members of BAFT’s Global Trade Industry Council (GTIC), which consists of heads of trade from 19 of the largest trade banks in the world,… Continue reading BAFT Announces New Payables Finance Principles
UK takes major step towards membership of Trans-Pacific free trade area
[box] The UK has today taken a major step in the process of joining CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership). [/box] The UK has taken a major step in the process of joining CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership), one of the world’s largest and most dynamic free trade areas. International… Continue reading UK takes major step towards membership of Trans-Pacific free trade area
BofA Interview: Bye for now, China? The $1 trillion tectonic shift in global supply chains
TFG heard from BofA on the possibility of SCF’s structural shift to localisation.
Podcast: The Transatlantic Trade Love Triangle
TFG heard from Elitsa Garnizova, Senior Project Manager and Researcher, London School of Economics on the current updates and what we can expect in this UK-EU-US economic relationship.
Podcast – GSCFF Commentary – The misuse of payables finance (S1, E49)
New report from GSCFF aims to address criticisms across three key areas: the potential adverse impact on suppliers, issues relating to financial reporting and transparency, and overall programme risk.
Mitsubishi Corporation RtM Japan Goes Live With ECO, Powered By Skuchain’s Blockchain-Based EC3 Platform
Skuchain, Inc. announced today the launch of the ECO system for precious metals trading, a joint project with Mitsubishi Corporation RtM Japan Ltd., the minerals trading subsidiary of Mitsubishi Corporation.
EIB and Afreximbank direct EUR 300m to African COVID response & climate action
[box] [/box] The European Investment Bank (EIB), the lending arm of the European Union, and the African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, are directing EUR 300m of financing to support the resilience and recovery of African nations in response to the COVID-19 pandemic. The funds will ensure businesses across the continent… Continue reading EIB and Afreximbank direct EUR 300m to African COVID response & climate action
PODCAST: Banks predict up to 30% decline in trade flows, latest ICC Global Survey on Trade Finance shows
The ICC’s Survey on Trade Finance reveals the industry-wide challenges and disruption as a result of the COVID-19 pandemic push trade and trade finance into a state of global uncertainty.
RFQ and QTO; Science or Art Form?
The Buyer’s Request for Quotation (RFQ) and the responding Seller’s Quotation (QTO) need not be a kabuki dance event that only creates the appearance of engaging in a transaction.
Global Transport: What Does The Future Hold Beyond Covid-19?
The COVID-19 pandemic has triggered a mobility crisis, mainly because of physical distancing requirements and the necessity to avoid confined spaces, in order to limit the virus’ propagation. This has had a disastrous impact on the global transport sector, with air passenger transport being the most affected segment. Among the 13 sectors for which Coface… Continue reading Global Transport: What Does The Future Hold Beyond Covid-19?
TDB Signs An Inaugural USD100 Million Funding Cooperation Agreement With The Export-Import Bank Of Korea (KEXIM)
[box] Nairobi, 14 July 2020 – The Eastern and Southern African Trade and Development Bank (TDB) has the pleasure to announce the signing of an inaugural USD 100 million loan programme with KEXIM. [/box] The line of credit aims at enhancing private sector business activity between TDB Member States and the Republic of Korea. The facility… Continue reading TDB Signs An Inaugural USD100 Million Funding Cooperation Agreement With The Export-Import Bank Of Korea (KEXIM)