UKEF

By working together and tackling these challenges head-on, we can reduce our emissions and work towards our net zero goal by 2050.

Your morning coffee briefing from TFG. Inflation concerns intensify as cost of energy soars, Boris Johnson reluctant to issue more visas to foreign workers, accelerated energy transition dependent on financial markets, CEOs and world leaders call on governments to reform trade and ADB supports Sanoat Qurilish Bank’s fast-growing base of SMEs with $16.6m credit agreement.

Your morning coffee briefing from TFG. Costs of climate change far greater than green transition warns ECB, UKEF commits to an ambitious goal of going carbon neutral by 2050

Your morning coffee briefing from TFG. COVID-19 vaccine transporter Reftrade secures major export win, lockdown-easing helps SMEs recover despite rising insolvencies, emerging economies cannot afford ‘taper tantrum’ repeat, says IMF’s Gopinath, business confidence in UK at four-year high but staff shortages a concern and UK launches £450m fund for energy network innovation.

Your morning coffee briefing from TFG. Goods Barometer hits record high, confirming strength of trade recovery, UKEF backs first ever £430 million green transition loan, new World Economic Forum survey shows a mix of polarisation about the benefits of globalisation, global economic data disappointments add to rising growth angst, United States gives USD 600,000 to boost negotiating capacities in developing countries, Contour announces partnership with GSBN to drive digitisation in the global shipping industry and the UK rejects industry plea for visas for EU truck drivers.

Global supply chains have been hit by a surge in Covid cases in southern Vietnam, aluminium prices are at a 10 year high as global demand surges

Trade between Moscow and the EU increases by 2% year-on-year, CDC provides USD 50 million trade finance facility to bring liquidity to trade finance in Africa, FMC creates a program to review detention and demurrage practices, UKEF backs major offshore wind farms and ARRC formally recommends Term SOFR.

Your morning coffee briefing from TFG. Global foreign direct investment is set to partially recover after plummeting in 2021. Enhanced Integrated Framework (EIF)’s Annual Report highlights resilience of poorest countries despite the COVID-19 pandemic.

International Chamber of Commerce (ICC) warns G7 leaders they risk imposing major costs to the global economy

The UK has signed a £1.2bn trade partnership agreement with Ghana promising tariff-free trade. The terms of the economic partnership agreement reinstate the two sides when the UK was part of the EU.

International Trade Secretary Liz Truss has announced a new food and drink export campaign to boost post-Brexit trade.

UK Export Finance (UKEF) is launching a new guarantee scheme that will help importers of UK goods and services obtain easier access to financing up to £30 million.

How can EXIP policies help bridge the trade financing gap? TFG heard from UKEF about the need to rethink operations and accelerating the need for more buyer protection