The FIT Alliance, formed of BIMCO, DCSA, FIATA, ICC, and Swift, has initiated the “Electronic Bill of Lading Declaration” to enhance the efficiency, reliability, sustainability, and security of global trade through the use of electronic Bills of Lading (eBLs).
The International Monetary Fund (IMF) has cautioned that global trade restrictions have almost tripled over the past four years, according to Gita Gopinath, IMF First Deputy Managing Director, as reported… read more →
In Q2 2023, the EU’s trade balance returned to a surplus position for the first time in six quarters, thanks largely to falling energy prices. The latest trade figures reveal… read more →
In the wake of the pandemic, the global economy has seen a confluence of challenges, including geopolitical risks, interest rate changes, and commodity price fluctuations.
On Wednesday, Switzerland announced new draft regulations aimed at reinforcing its anti-money laundering measures, making lawyers and consultants responsible for flagging risks and bolstering scrutiny of legal structures like trusts.… read more →
From payments, credit and lending, to trade and supply chain finance, the entire financial services industry is being disrupted. Regulatory requirements, industry standards and the environmental, social, and governance (ESG) agenda have accelerated.
Today the Border Target Operating Model for goods trade was published, detailing the timeline for the implementation of new controls aimed at enhancing UK biosecurity and establishing a world-leading border… read more →
The G20 Trade and Investment Ministerial Meeting was held in Jaipur, India, on August 24-25, 2023. The meeting focused on the future of trade and investment in the wake of the COVID-19 pandemic and the war in Ukraine.
Agri-tech, higher education, and e-sports are set to be highlighted industries in a restructured sequence of UK trade missions to India in the upcoming year. Alive with Opportunity, a £1.5… read more →
In June 2023, Saudi Arabia’s trade balance achieved a surplus of approximately SAR 38 billion (around $10 billion), as reported by the General Authority for Statistics (GASTAT). The nation’s trade… read more →
