LONDON, 31 December 2020 – The UK government, the Association of British Insurers (ABI), Euler Hermes – the world’s leading trade credit insurer – and other underwriters have agreed to… read more →
The UK and Turkey have locked in tariff-free trading arrangements, which will support our trading relationship worth £18.6 billion in 2019, and committed to working towards a more ambitious trade… read more →
As we end 2020, here’s our very own ‘Top of the (Trade) Pops’ ???? and our musings from the trade community with our ‘Year in Review’
As we approach Christmas during this very unusual year for global trade, we take a step out of the 2020 rollercoaster, and will be releasing 10 of our very best trade insights from 2020, one per day, until Christmas.
Your Monday morning coffee briefing from TFG. Talks between the UK and the EU on their future relationship continue without a breakthrough, and the UK government placed London and much of South East England under tier 4 restrictions.
The Asian Development Bank (ADB) has launched a $9 billion vaccine initiative—the Asia Pacific Vaccine Access Facility (APVAX)—offering rapid and equitable support to its developing members as they procure and… read more →
Under the new LC Confirmation Product, ITFC will be partnering with financial institutions to serve private secotor/SME clients trade finance needs. Jeddah, KSA, 14 December 2020: The International Islamic Trade… read more →
December 15: Contour, the global trade finance network has today announced that HSBC has become the first full production member of the network following Contour’s commercial launch in October this… read more →
A documentary trade credit (DTC) is a trade finance substitute for a commercial bank documentary letter of credit. A DTC is issued and negotiated under the same UCP guidelines as a documentary letter of credit; except the funds supporting the instrument are available with a third party international escrow company instead of a commercial bank.
The Director-General’s latest annual overview of trade-related developments shows a marked slowdown in the number of trade-restrictive and trade-facilitating measures adopted by WTO members related to goods trade over the… read more →
