The only way to make Trade Finance standardisation and harmonisation opportunity to realise is to make the needed standards coordination and development resources openly available for the business process and systems developers.
The AfCFTA is an agreement seeking to establish a free trade area in Africa. AfCFTA’s trade liberalization objective, along with other industries goals, Africa may just be set for a new horizon in its trade, post-COVID19.
ICC Banking Commission has released its 2019 Trade Register Report, revealing COVID-19’s potential to disrupt global trade.
In January 2019, the World Economic Forum (WEF) Global Future Council on International Trade and Investment produced a brief – “Four Scenarios for the Future of Trade and Investment”, that assessed the rising geopolitical tensions present globally, and offered four potential avenues that the global economy would take in the coming years. TFG Investigates.
The financial crisis of 2007/2008 triggered many after-shocks. One was the knock to global trade. We heard from David Morris, Relationship Director at The London Institute of Banking & Finance for his views.
The value of global trade today is around $40 trillion. Approximately 10% of this amount is commodity trade. Therefore being able to predict what is likely for the future of the trade industry to hold is essential for business growth and preparation. Some of the most influential factors on global trade today are