ICC invites business leaders and government officials to join the discussion around the future of UK international engagement and the role of the private sector in shaping the global trading environment, in particular with the emerging markets, at its upcoming event – Going Global – which will take place at the Guildhall on 21st October 2019.
Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank, Germany, and Vesuvius GmbH, Germany, have launched a pilot project of cross-border payments via the Marco Polo international trade finance network. For Marco Polo, it is the first Russian-German import-export operations financing project.
The Chinese President Xi Jinping and Filipino President Rodrigo Duterte have met a record number of eight times over the past three years. The subject of the South China Sea has been an increasingly tense regional topic of the past decade.
EORI numbers – or economic operator indicator numbers – are essential for exporters. Based off a company’s VAT number, an exporter needs an EORI in order to complete a Customs Declaration. Till now, UK businesses have not needed to complete such documentation in order to sell into Europe, but this will change with Brexit.
Guidelines to International Factoring Companies engaged in international trade, regardless of their size and industry; often face a demand from the importers for longer payment terms. This means, getting the… read more →
History’s most ambitious and extensive infrastructure project the Belt and Road Initiative is currently underway. If successful, China will become the world’s undisputed Centrepoint of trade. However, such a triumph will not come easily.
Donald Trump once referred to Kim Jon-un as the Little Rocket Man. And now he says he’s in love with him as he writes beautiful letters to Trump. When it comes… read more →
South Africa has been ranked as the number 39 most innovative region within the Sub – Saharan Africa. Cargo handling and marine services in the ports, as well as cargo… read more →
Globalisation is often talked about in general terms, treating it as one constant process. However, it is important to recognise that it has actually occurred in three distinct waves. Whilst… read more →
Ninety seven per cent of exporters questioned in a survey said they were optimistic about growing their businesses through international trade. We spoke to Institute of Export & International Trade… read more →
The logistics of international trade can be defined by three key processes: the movement of goods or services, the measurement of this movement, and the processing of what is being… read more →
300,000 British teenagers are now afforded the opportunity to select exporting as their Duke of Edinburgh’s Award skill following a pioneering competition. Those who take up the opportunity will receive… read more →
What is a Standby Letters of Credit? A Standby Letter of Credit (SLOC) is seen as a financial guarantee and is used regularly in cross border trades. It is important… read more →
Securing finance to purchase goods: There are many routes for SMEs Equity or angel investment is great for kickstarting the growth of an awesome startup, but sometimes, it’s not appropriate.… read more →
Trade Finance is usually used in international commerce in order to pay trading partner when doing overseas business. It is usually used on its own or coupled with invoice finance… read more →
