Almost four years later, Brexit is complete. What does the new UK and the EU agreement now mean for trade, and what’s left to do?
City Bank has become the first Bangladeshi bank to execute a cross-border Letter of Credit (LC) transaction under a Shariah-based financing arrangement executed using blockchain technology.
Pilot projects are using the new framework to calculate the costs of illicit trade and business practices in Afghanistan, Colombia, Ecuador, Mexico, Nigeria, Panama, and Peru. UNCTAD and the United… read more →
TFG is partnering up with the WTO to produce a ‘Trade Digitalization and MSME Financing’ publication. Take part in our short survey for the chance of winning a $100 voucher!
Trade Finance Global’s Editor Deepesh Patel hears from Robert Plehn, Head of Capital Markets, GE Capital, Jerome Farges, Head of Corporate Securitisation, Societe Generale, Steven Hollands, Managing Director, Greensill Capital, Jeremy Levy, Partner and Baker McKenzie.
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 →
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 →
The Informal Working Group on Micro, Small and Medium-sized Enterprises (MSMEs) officially adopted at its meeting on 11 December a package of six recommendations and declarations aimed at addressing challenges… read more →
The UK is today announcing an independent approach to the longstanding trade conflicts between the EU and US around steel and aluminium and aerospace tariffs. To defend the UK steel… read more →
Berlin, 8 December 2020 – TrailStone Group today announced the successful signing of a EUR 150m multicurrency secured uncommitted revolving credit facility for use by TrailStone Renewables GmbH, arranged by… read more →