Taking a step in this direction, the UK legislature has enacted legislation to prevent economic crime. To learn more about this essential piece of legislation in the financial and economic world, Trade Finance Global (TFG) spoke with Susan Hawley, executive director of Spotlight on Corruption.
As we move into 2023, it will be crucial for solution providers to adapt and collaborate in order to seize the opportunities presented by digitisation for game-changing value creation.
Research from the CBI and Finastra, canvassing the opinions of UK small and medium-sized businesses (SMEs), suggests that there’s a gap between the ambition of firms to trade internationally and… read more →
The implementation of the African Continental Free Trade Area (AfCFTA) should be expedited as the free trade zone will boost intra-African trade and accelerate industrialisation, the Economic Commission for Africa… read more →
The Ukraine conflict has replaced the pandemic as the leading strain on global trade. For the first time in 25 years, global trade in the coming decade will grow at… read more →
If you read the international shipping media during the final quarter of 2022, you would be forgiven for thinking that it’s “Game Over” for international trade.
The European Bank for Reconstruction and Development (EBRD) delivered a record €13.1 billion in investments to its regions in 2022 at reported rates, in the face of the extremely challenging… read more →
India and the United States have established a new working group to build sustainable supply chains and boost bilateral trade, the governments said in a joint statement on Thursday. The… read more →
The shift to a more digital form of globalisation changes who is participating, how business is done across borders, and where the economic benefits are flowing. This creates a new paradigm where not only large corporates, but also retailers, SMEs, and individuals can use international payments, integrated commerce, or trade interfaces regularly.
Large national infrastructure projects have rarely been delivered at the pace of the UK Freeport programme; in March 2020, the government launched its consultation document, and in March 2021 it was announced that, subject to completing the necessary authorisation processes, the above eight locations would become Freeports.
Dubai set out a 32 trillion dirham ($8.7 trillion) economic plan on Wednesday that includes doubling foreign trade and investment over the next decade to boost its standing as a… read more →
TFG asked Francoise Huang, senior economist for Asia Pacific and Trade at Allianz Trade, John Miller, chief economic analyst at Trade Data Monitor, and Richard Wulff, executive director at ICISA, to give their thoughts on the 2023 trade environment.
In TFG’s conversations with industry experts, we have learned quite a lot about trade volumes and commodities, trade technology, and trade credit insurance. While there is plenty of uncertainty regarding the global outlook in 2023, it is clear that there are many areas of optimism for international trade.
Global growth is heading towards a recession, and global trade will continue to slow in 2023, according to trade credit insurer Allianz Trade. Meanwhile the UK will muddle through this… read more →