Sustainability is one of the most used terms in the trade finance industry in 2023. While everyone knows what it means, and most know what the challenges are behind implementing sustainable actions, there is a clear issue with implementing tangible solutions.
As we bid farewell to 2023, it’s time to reflect on the dynamic landscape of global trade and finance. At Trade Finance Global (TFG), the past year has been marked… read more →
To start off the year 2024, we wanted to set out the top seven trade trends we’ll be watching through the coming year.
At TFG, we took the time to reflect back on the happenings across trade, treasury, and payments in 2023. After sifting through our news archives and speaking with industry experts, we devised this list of 9 key events and themes that shaped trade, treasury, and payments in 2023.
Remittances to countries with low and middle incomes experienced a growth of 3.8% in 2023, showing a slowdown compared to the substantial increases of the preceding two years.
The government explained that the carbon border adjustment mechanism (CBAM) will target carbon-intensive products in sectors like iron, steel, aluminium, fertiliser, hydrogen, ceramics, glass, and cement.
Alex Gray, Director of Trade and Transaction Banking at the London Institute of Banking & Finance, outlines why the drive for net zero will change trade patterns, why technology could make those changes unpredictable, and how trade professionals can prepare.
Maersk announced a temporary halt on Friday to all container shipments through the Red Sea. This decision was soon followed by Swiss-based MSC and French shipping group CMA CGM on Saturday.
In October, the eurozone shifted from a trade deficit to a surplus, according to the latest non-adjusted figures released on Friday. This change was largely due to a decrease in the value of energy imports compared to the previous year.
The UNIDROIT’s Factoring Model Law, the FCI Legal Study, and the IFC Knowledge Guide on Factoring Regulation and Supervision, reflects a collective endeavour meticulously designed to operate in harmony.
