To help drive digital adoption in trade, Stephenson Harwood, in alliance with Virtus Law LLP, has collaborated with Singapore’s Infocomm Media Development Authority (IMDA) to release an article, TradeTrust-enabled Electronic Bills of Lading – A legal and practical analysis of their use in global trade.
Britain and South Korea have decided to prolong the duration of minimal or zero tariffs on mutual trade involving goods with components from the European Union, according to an announcement… read more →
At the European Bank for Reconstruction and Development’s (EBRD) 2023 Trade Facilitation Programme (TFP) conference in Vienna, Trade Finance Global (TFG) spoke with Rudolf Putz, head of the trade facilitation programme at the EBRD, looking back at his career with the EBRD.
Sibos 2023, held this year in Toronto, allows industry stakeholders to come together to discuss industry trends and issues.
On Tuesday, the International Monetary Fund (IMF) unveiled its most recent World Economic Outlook, adjusting its US growth forecast upwards while anticipating a slower rate of expansion for the euro… read more →
Five industry associations have backed an electronic bill of lading (eBL) by declaring they will secure a commitment from stakeholders to collaborate on driving digitalisation. DCSA, BIMCO, the International Federation… read more →
Lloyds Bank has introduced a digital solution, which enables clients to obtain Direct Guarantees or Standby Letters of Credit, thereby enhancing the efficiency, safety, and security of their trading activities. … read more →
The US trade deficit contracted to $58.3 billion in August, marking its lowest level since late 2020, according to data released by the Commerce Department on Thursday. This represents a… read more →
Cross-border trade is an inherently risky activity with numerous types of risk that can appear at all stages of trade. But today, we will discuss two types of risk: commercial risk and, transfer risk, a type of political risk.
The World Trade Organisation has revised its growth forecast for global merchandise trade in 2023, attributing the change to ongoing inflation, elevated interest rates, instability in the Chinese property market,… read more →
