After five days of ‘marathon talks,’ some hard negotiating and plenty of encouragement from Director-General, Ngozi Okonjo-Iweala at MC12, WTO members have managed to secure a historic package of trade deals for member states.
Your Monday morning coffee briefing from TFG: we.trade enters the trough of disillusionment – what this means for the digitalisation of trade finance
The UN’s World Food Programme has warned that the failure to open Black Sea ports is a declaration of war on global food insecurity and will lead to famine, destabilisation of nations, and mass migration by necessity.
TFG interviewed Steven Beck, head of trade and supply chain finance at Asian Development Bank (ADB), to discuss how the trade and supply chain finance landscape has changed as a result of the COVID-19 pandemic.
The Russia-Ukraine conflict is having a debilitating effect on the cost of staple foods. Wheat and corn prices are skyrocketing, pushing already precarious regions such as the Middle East and Africa, to the brink.
Freeports are a special kind of air, rail, or seaport, where normal tax and customs rules don’t apply, says John Lucy, director of Liverpool City Region Freeport
Your Monday morning coffee briefing from TFG. Sixty-seven countries signed a landmark WTO deal set to cut the cost of global services trade by $150 billion per year.
Department for International Trade (DIT) launches new mentorship programme to help UK farmers and food producers boost their exports.
International Trade Secretary Liz Truss has announced a new food and drink export campaign to boost post-Brexit trade.
TFG heard from Andreas Tesch of Atradius on the status of credit insurance market in Asia and the key initiatives taken in response to Covid-19’s impact on Asian trade.
TFG heard from Tanya and Stephen of Czarnikow discussing the impact of Covid19 on sugar supply chains considering different perspectives.
TFG heard from EXX Africa’s Keri Leicher, on the economic, political and health crisis in Africa caused by Covid-19 pandemic. Keri spoke of Africa’s high level of debt and silent attacks affecting the continent’s security.
Now is the time for trade finance institutions to take the lead in efforts to strengthen SME resilience and leave them in a position to be able to bounce back in the aftermath of the pandemic.
An Essex based Vegetable and Fat Trader & Shipper, which has been trading for 38 years, has secured a £1.3m structured line of credit by GapCap, facilitated by Trade Finance Global (TFG).
A judgment handed down by the English Commercial Court in 2018 illustrates how trade finance banks can find themselves facing unexpected risks when things go wrong in their customers’ trading… read more →