The need for trade finance digitization has never been clearer. In today’s pandemic-ravaged landscape, banks face multiple challenges, including the legislative shift to digital trade documents and growing regulatory scrutiny, changing customer behaviour and increasing competition in the form of trade finance investment funds.

Your morning coffee briefing from TFG. International Chamber of Commerce (ICC) warns G7 leaders they risk imposing major costs to the global economy absent of a step-change in their approach to managing the Covid-19 pandemic. UN Trade Forum 2021 to explore how to ensure a COVID-19 economic recovery that protects the planet and promotes inclusive development.

The global macro economic impact of the pandemic and how its prolonged impact on certain sectors and trade was discussed at length in a panel moderated by Jake Jacobson at the BAFT’s 2021 virtual Global Annual Meeting.

Department for International Trade (DIT) launches new mentorship programme to help UK farmers and food producers boost their exports.

ITPP 2021 is launching later this month. The ITPP is the only opportunity for the future leaders of trade finance to assert themselves and develop professional skills, understanding and reputation.

Your morning coffee briefing from TFG. G7 strikes historic agreement on taxing multinationals, WTO launches a Gender Research Hub to promote cooperation on trade and gender issues and Brexit shrank UK service exports by £110bn, highlighting the extensive consequences of Britain’s decision to break away from the EU.

Graham Stuart, International Trade Minister, visited the world’s largest offshore construction grouting specialists FoundOcean in Livingstone, Scotland, to announce a major new export contract won by the firm effectively creating… read more →

Surecomp® announced today that it embraces and is fully equipped to support the G7 move towards digitisation, allowing companies to electronically transfer trade documents for increased efficiency and cost savings.… read more →

In a panel moderated by Christine McWilliams at TXF’s Global Commodity Finance Virtual 2021, which TFG partnered with, this impact was discussed at great depth, looking at how to navigate commodity trade finance in a post-COVID world.

The temporary Trade Credit Reinsurance (TCR), created by the government and the Association of British Insurers (ABI), allowed over half a million businesses to stay afloat, provided certainty to firms across the UK and safeguarded jobs, is now set to come an end on the 30th of June.