South Korea has formally restored Japan to its list of countries it gives preferential treatment in trade, three years after the neighbours downgraded each other’s trade status amid a diplomatic… read more →
Britain on Monday said it would extend its zero-tariff arrangement on products from Ukraine until March 2024 as part of its measures to support the economy there after the Russian… read more →
Trade Finance Global (TFG) spoke with Pamela Mar, managing director at the ICC Digital Standards Initiative, to explore the key themes driving trade digitisation and their potential impact on trade and trade finance in 2023.
The European Investment Bank (EIB) and the Eastern and Southern African Trade and Development Bank (TDB) will support a new targeted financing initiative, investment in businesses across Africa that were… read more →
The European Bank for Reconstruction and Development (EBRD) will lend $90 million to MHP Group, one of the leading grain, poultry and edible oils producers in Ukraine and southeastern Europe.… read more →
On the 9th February, Swiss-based commodities trader Trafigura alleged that it had been exposed to “systemic fraud” to the value of $577 million of nickel, in relation to UAE-based businessman Prateek Gupta’s London trading company TMT Metals Holdings Ltd, and companies connected to him.
World food prices fell in January for a 10th consecutive month and are now down nearly 18% from a record high last March following Russia’s invasion of Ukraine, according to… read more →
The latest issue of TFG’s Trade Finance Talks, ‘Sailing into 2023: Navigating the new year’, is out now!
‘Permacrisis’ was crowned word of the year by the editors of the Collins English Dictionary at the end of 2022, defined as “an extended period of instability and insecurity”. It seems an appropriate term to describe the state of global trade, finance, and supply chains as we enter 2023.
Trade sanctions are among the many tactics resorted to by the international community in order to compel a state to comply with its human rights obligation.
