Estimated reading time: 9 minutes

Your Monday morning coffee briefing from TFG:

  • The future of trade finance: Leveraging technology to overcome industry challenges
  • Podcast | Using deep-tier supply chain financing’s potential to unlock capital
  • Enhancing trade flexibility and facilitating trade finance: UNCITRAL’s latest on negotiable cargo documents and negotiable electronic cargo records
  • VIDEO | Georgia case study: How public-private partnerships can mobilise green finance and sustainable trade in CEE
  • TDM economic insight: Can the Middle East save free trade?
  • Deep dive: ICISA’s 2023 industry results explained
  • OPEC Fund Development Forum 2024: Sustainable development and private sector growth
  • EU tightens sanctions on Russian LNG, adds new entities and individuals to list

The future of trade finance: Leveraging technology to overcome industry challenges

Trade finance is at a critical juncture. With an ever-growing $2.5 trillion trade finance gap and over 4 billion pieces of paper circulating in the global trade ecosystem, the industry is ripe for digital transformation. Read more →

Podcast | Using deep-tier supply chain financing’s potential to unlock capital

To discuss the paper and better understand how DTSCF can promote financial stability, risk management, and sustainability, Trade Finance Global (TFG) spoke with Tod Burwell, President and CEO of BAFT. Read more →

Enhancing trade flexibility and facilitating trade finance: UNCITRAL’s latest on negotiable cargo documents and negotiable electronic cargo records

UNCITRAL Working Group VI has been working on an international instrument that allows the use of negotiable cargo documents and negotiable electronic cargo records for all modes of transport in a multimodal or unimodal context. Read more →

VIDEO | Georgia case study: How public-private partnerships can mobilise green finance and sustainable trade in CEE

Sustainability and green financing are some of the most important topics within the international trade industry, yet actually implementing policies and strategies is extremely difficult. Read more →

TDM economic insight: Can the Middle East save free trade?

There are few regions as pivotal to global trade as the Middle East. The petroleum-rich area is the source of roughly one-third of the world’s oil production. When geopolitical tensions in the Middle East force up oil prices, the whole world catches a cold. Read more →

Deep dive: ICISA’s 2023 industry results explained

Trade Finance Global dives into the report’s findings and features insights, speaking exclusively to Richard Wulff, Executive Director of ICISA. Read more →

OPEC Fund Development Forum 2024: Sustainable development and private sector growth

The OPEC Fund for International Development (the OPEC Fund) will host its third Development Forum on Tuesday, 25 June 2024, in Vienna, Austria, focusing on delivering solutions for sustainable development. Read more →

EU tightens sanctions on Russian LNG, adds new entities and individuals to list

The package bans the re-exports of Russian liquefied natural gas (LNG) in EU waters but stops short of prohibiting imports. Read more →


TFG Weekly Trade Briefing, 24th June 2024

  • Podcast | Risk management in trade finance: How a CITR certification can help
  • VIDEO | 20 years of successful marriage: IFC, WTO on multilateral cooperation and trade finance facilitation
  • VIDEO | efcom: Turbocharging the growth of factoring and supply chain finance in MENA and India
  • TL;DR: FCI annual report highlights stable growth and tech innovation in 2023
  • Panel perspectives: Navigating the new waves of supply chain finance
  • ICISA Survey: Enhanced trade credit and surety support amidst economic turbulence
  • Citi introduces real-time funding in Australia, Hong Kong, and UK
  • Visa publishes third Money Travels: 2024 Digital Remittances Adoption Report

Podcast | Risk management in trade finance: How a CITR certification can help

To learn more about risks and risk management, Trade Finance Global (TFG) spoke with Peter Milne and Alex Gray, Director of Trade and Transaction Banking at the London Institute of Banking and Finance (LIBF). Read more →

VIDEO | 20 years of successful marriage: IFC, WTO on multilateral cooperation and trade finance facilitation

For over two decades, the International Finance Corporation (IFC), the World Trade Organization (WTO), and multilateral development banks (MDBs) have been partners in enhancing global trade finance. Read more →

VIDEO | efcom: Turbocharging the growth of factoring and supply chain finance in MENA and India

To learn more about the factoring market, including important growth regions, and Islamic finance, Trade Finance Global (TFG) spoke with Federico Avellán Borgmeyer, Chief Partner Officer at efcom, Abdelrahman Elbeltagy, Islamic Factoring specialist at efcom, and Vikram Nair, CEO of Xilligence. Read more →

TL;DR: FCI annual report highlights stable growth and tech innovation in 2023

FCI has released their Annual Review for 2023, highlighting a return to pre-pandemic stability in the global factoring market. Read more →

Panel perspectives: Navigating the new waves of supply chain finance

Navigating the evolving landscape of supply chain finance in the wake of COVID-19 and geopolitical tensions. Explore key insights from industry experts at the International Finance Corporation’s (IFC) Global Trade Partners Meeting in Barcelona. Read more →

ICISA Survey: Enhanced trade credit and surety support amidst economic turbulence

The International Credit Insurance & Surety Association (ICISA) recently released its annual report for 2023, offering a comprehensive overview of the trade credit and surety insurance sectors. Read more →

Citi introduces real-time funding in Australia, Hong Kong, and UK

Citi has announced the launch of Citi Real-Time Funding (RTF), the newest addition to its real-time treasury suite for corporate clients. Citi Real-Time Funding is now available in Australia, Hong Kong and the UK. Read more →

Visa publishes third Money Travels: 2024 Digital Remittances Adoption Report

Despite a year-over-year decrease in global remittances due to various economic pressures, the report reflects a positive outlook from senders regarding future remittances. Read more →

TFG Weekly Trade Briefing, 10th June 2024

  • Women who trade: Strategies for empowerment across borders
  • Live from Yerevan: EBRD’s Beata Javorcik on Regional Growth
  • Market to mobilise: How can credit insurance bridge the trade finance gap in emerging economies?
  • Navigating trade-based financial crime: Impact of UCP 600 and ISBP 821E articles
  • Taiwan and the EBRD: strengthening bilateral relations and development
  • CTRM leader spotlight: Molecule CEO on disrupting the traditional ways of commodity trading
  • Monthly TFG & ICC DSI Column
  • Leadership against the odds: Women’s uphill battle for top roles in international organisations
  • EBRD TFP and ITFA’s role in boosting competitiveness in trade and development

Women who trade: Strategies for empowerment across borders

At the International Finance Corporation’s (IFC) Global Trade Partners Meeting, this room full of female international trade experts discussed the challenges that women entrepreneurs face in the global trade market and strategies for changing the status quo. Read more →

Live from Yerevan: EBRD’s Beata Javorcik on Regional Growth

At the recent EBRD annual meeting in Yerevan, Armenia, Trade Finance Global’s Editor, Deepesh Patel, sat down with Beata Javorcik, Chief Economist at EBRD, to discuss the economic outlook for the regions under EBRD’s scope. Read more →

Market to mobilise: How can credit insurance bridge the trade finance gap in emerging economies?

Credit insurance can help bridge this gap by improving access to trade finance and facilitating better financing terms for women-led firms. Read more →

Navigating trade-based financial crime: Impact of UCP 600 and ISBP 821E articles

International trade is the lifeblood of the global economy serving as a vital catalyst for economic growth, innovation, and prosperity across nations, including in the MENA region. Read more →

Taiwan and the EBRD: strengthening bilateral relations and development

Though Taiwan has a relatively small population of 23.3 million people, it’s a thriving trading country and an important trading partner for many countries around the world, including the US, UK, EU, and China. Read more →

CTRM leader spotlight: Molecule CEO on disrupting the traditional ways of commodity trading

Learn how major players in commodity trading navigate risk and manage their trading activities with CTRM and ETRM systems. Read more →

Monthly TFG & ICC DSI Column

Read the monthly TFG and ICC DSI column! Hear from leading experts in trade digitalisation and keep up with all the breaking trends. Read more →

Leadership against the odds: Women’s uphill battle for top roles in international organisations

The selection of women leaders to any global organisation is still rare enough to make headlines when it happens. Jane Fraser at Citi, Ngozi Okonjo-Iweala at the WTO and Doreen Bogdan-Martin at the International Telecommunication Union are a few recent examples. Read more →

EBRD TFP and ITFA’s role in boosting competitiveness in trade and development

International trade can be intimidating for many companies trying to break into the industry. With extensive regulation and documentary processes, it can seem overwhelming, especially when operating in unfamiliar regions. Read more →

TFG Weekly Trade Briefing, 3rd June 2024

  • Empowerment through trade: IFC and Ecobank on tackling the gender disparity in global trade
  • More green, more digital: In conversation with EBRD’s incoming Shona Tatchell and outgoing Rudolf Putz
  • IFC’s Nathalie Louat on Banking on Women Who Trade Across Borders
  • Adapting to change: The future of factoring and supply chain finance
  • Surecomp advances digital trade with rapid eBL transactions on RIVO platform
  • EU confirms January 2025 start for final Basel rules
  • HSBC and Geidea launch digital payment platform Omni Collect in UAE
  • IFC launches $4bn MSME finance platform for emerging markets

Empowerment through trade: IFC and Ecobank on tackling the gender disparity in global trade

The IFC’s whitepaper “Banking on Women Who Trade Across Borders”, speaks to the gender disparity that still exists in the international trade space, particularly in emerging markets. Read more →

More green, more digital: In conversation with EBRD’s incoming Shona Tatchell and outgoing Rudolf Putz

At the EBRD 2024 annual meeting in Yerevan, Armenia, the Trade Facilitation Program (TFP) was in the spotlight as it transitions leadership from Rudolf Putz to Shona Tatchell. Read more →

IFC’s Nathalie Louat on Banking on Women Who Trade Across Borders

The International Finance Corporation, a member of the World Bank Group, has released a whitepaper, “Banking on Women Who Trade Across Borders”, exploring the gender disparity in international trade. Read more →

Adapting to change: The future of factoring and supply chain finance

Trade Finance Global spoke with Çağatay Baydar, Chairman at FCI and Irina Tyan, Principal Banker, TFP at the EBRD about factoring and SCF. Read more →

Surecomp advances digital trade with rapid eBL transactions on RIVO platform

Surecomp® has announced the completion of successful electronic bills of lading (eBL) transactions, bringing together multiple parties via its collaborative trade finance platform, RIVO™. Read more →

EU confirms January 2025 start for final Basel rules

The European Union announced on Thursday that it has given final approval to implement the remaining batch of Basel III rules in Jan 2025. Read more →

HSBC and Geidea launch digital payment platform Omni Collect in UAE

HSBC has introduced its new e-commerce digital payment platform, Omni Collect, in the UAE in collaboration with Saudi-based FinTech company, Geidea. Read more →

IFC launches $4bn MSME finance platform for emerging markets

IFC, a member of the World Bank Group, launched a new initiative to aid financial service providers in delivering funds to small businesses in emerging markets, with a particular focus on those owned by women and those in the agriculture and climate sectors. Read more →