Just as China’s trade sector recovers from a fresh wave of COVID-19 lockdowns, the world’s largest exporter now faces a slimmer order book amidst weakening global sentiment and increased belt-tightening measures linked to inflation.
Your Monday morning coffee briefing from TFG:
2022 WTO conference extended to try and end deadlock
Despite port congestion woes, COVID-19 lockdowns in Asia and vessel availability issues, the container shipping sector remains in boom territory. TFG investigates.
LIBF’s Alex Gray discusses how trade finance education has evolved since the pandemic.
The WTO Director-General has extended the WTO Ministerial Conference by a day in a bid to secure some form of agreement around trade deals. With a potential food security crisis looming for developed countries, can an eleventh hour agreement be reached?
Financial technology solutions provider MonetaGo has been selected by the Association of Banks in Singapore (ABS) to deliver the Trade Finance Registry (TFR), an interoperable industry utility that bridges information silos between banks to combat duplicate financing fraud.
The UK’s Department of International Trade has announced a five-year partnership with Barclays bank to ‘broaden, deepen and sharpen’ efforts to promote trade with UK plc. What could this mean… read more →
The International Chamber of Commerce (ICC) has released its fintech collaboration guidelines – a 23-page document aimed at helping fintechs collaborate with each other and other institutions The guidelines highlight… read more →
Your Monday morning coffee briefing from TFG: we.trade enters the trough of disillusionment – what this means for the digitalisation of trade finance
we.trade, a blockchain-based trade finance network owned by 12 European banks and IBM, told shareholders in May that it had run out of cash.
