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
Today at the ICC Annual General Meeting, Trade Finance Global (TFG) announces that it has joined the ICC United Kingdom. TFG reports from the ICC AGM in London.
The Global Supply Chain Finance Forum announced the release of its new guidance document, Market Practices in Supply Chain Finance: Receivables Discounting Technique. The paper is the first in a series of industry guidance documents intended to provide clarity and consistency to the world of supply chain finance.
In preparation for TFG attending IFN Asia next week in Kuala Lumpur, we put together a brief overview of shariah law and shariah finance, outlining the key differences between riba, gharar, musharakah and sukuk.
Is protectionism good or bad? It is indeed true that in the past, protectionism as a concept has been used with a net benefit, but often it is perspective that is key.
The launch of Bitcoin in 2009 brought the world the possibility of using blockchain networks, or at least some form of distributed decentralised ledger technology to advance the world of international trade.
The Nigerian Office for Trade Negotiations, Federal Ministry of Industry, Trade and Investment of the Government of Nigeria and the Digital Trade Network today announced that the Ministry has asked… read more →
The International Chamber of Commerce’s 10th annual Global Survey – this year entitled Global Trade: Securing Future Growth – reveals that counter-terrorism and other international regulations are significantly inhibiting the… read more →
Many industries are financially regulated and governed to facilitate trade, prevent risks and standardise rules. The UCP 600 (“Uniform Customs & Practice for Documentary Credits”) is the official publication which… read more →