Estimated reading time: 9 minutes

Your Monday morning coffee briefing from TFG:

  • PODCAST: Absa on the trade finance distribution revolution and closing the $2.5tn gap
  • Addressing Africa’s debt dilemma: The role of ECAs and new strategies
  • The role of UCP in Standby Letters of Credit transactions
  • Expanding trade opportunities in developing economies through enhanced finance solutions
  • Finastra and Tesselate partner to enhance trade finance digitalisation
  • ICISA to host 3rd annual Surety Week
  • Global carbon permit markets reach record €881b in 2023
  • OECD: 2023 sees mixed progress in global service trade liberalisation

PODCAST: Absa on the trade finance distribution revolution and closing the $2.5tn gap

Hear from Absa about the impact of the global trade finance gap and how it relates to the originate-to-distribute model. Read more →

Addressing Africa’s debt dilemma: The role of ECAs and new strategies

Learn from ECIC about the debt crisis that African governments are facing & the need to renegotiate debts in order to avoid defaulting. Read more →

The role of UCP in Standby Letters of Credit transactions

Discover how UCP rules shape Standby Letters of Credit, making global trade smoother and more reliable for finance pros. Read more here. Read more →

Expanding trade opportunities in developing economies through enhanced finance solutions

As we sail through the choppy waters of global trade in 2024, we find ourselves in a world transformed by both financial and geopolitical shifts. Read more →

Finastra and Tesselate partner to enhance trade finance digitalisation

Finastra and Tesselate, a consultancy and integrator for digital transformation, have announced the introduction of a comprehensive, ready-to-implement service aimed at simplifying and accelerating the digitalisation of trade finance. Read more →

ICISA to host 3rd annual Surety Week

The International Credit Insurance & Surety Association (ICISA) is set to host the third edition of “ICISA Surety Week” from 19 to 22 February 2024. Read more →

Global carbon permit markets reach record €881b in 2023

The value of traded global markets for carbon dioxide (CO2) permits reached a record 881 billion euros ($948.75 billion) in 2023, marking a 2% increase on the previous year, according to analysts at LSEG. Read more →

OECD: 2023 sees mixed progress in global service trade liberalisation

In 2023, OECD’s yearly analysis reported that reforms of service trade liberalisation policies in 2023 fell short of expectations. Despite this, liberalisation policies slightly surpassed the introduction of new restrictions. Read more →


TFG Weekly Trade Briefing, 12th February 2024

  • 8 takeaways from the first CBAM reporting deadline
  • FOREWORD | From coffee beans to credit lines: The ties of commodity and trade in 2024
  • Understanding Letters of Credit & The UCP 600 Rules in Nigeria
  • What is Just-in-Time delivery? The evolution and impact of JIT
  • Commerzbank AG strengthens trade finance operations with Surecomp’s DOKA-NG
  • Europe sets ambitious 2030 green technology production targets
  • Mexico overtakes China as top exporter to US; American trade deficit narrows by the most since 2009

8 takeaways from the first CBAM reporting deadline

Europe’s first carbon tariff: EU’s CBAM requirements & deadlines apply to global supply chains & manufacturers. Learn how to prepare. Read more →

FOREWORD | From coffee beans to credit lines: The ties of commodity and trade in 2024

Read the latest edition of Trade Finance Talks, “Commodities & The Economy: Is 2024 the year the industry pops?” Read more →

Understanding Letters of Credit & The UCP 600 Rules in Nigeria

Letters of credit remain a core part of documentation in international trade. Despite the ease in cross-border payments facilitated by fintech companies, letters of credit continue to present themselves as indispensable documents in trade finance. Read more →

What is Just-in-Time delivery? The evolution and impact of JIT

Discover how Just-in-Time Delivery can benefit your business & suppliers. Get insights into its core mechanics & implementation strategies. Read more →

Commerzbank AG strengthens trade finance operations with Surecomp’s DOKA-NG

Surecomp revealed that Commerzbank AG has opted to implement Surecomp’s DOKA-NG™ solution for back-office trade finance processing across various entities. Read more →

Europe sets ambitious 2030 green technology production targets

The EU is taking action to promote the production of green technology. Get the facts on the European Union’s 2030 goals. Read more →

Mexico overtakes China as top exporter to US; American trade deficit narrows by the most since 2009

In 2023, Mexico overtook China as the United States’ largest goods exporter, based on recent trade figures. Read more →

TFG Weekly Trade Briefing, 5th February 2024

PODCAST | Empowering the American dream: SBA’s trade finance solutions for U.S. exporters

Discover how the SBA is committed to helping small businesses enter the international trade market on this episode of Trade Finance Talks. Read more →

Standby Letters of Credit (SBLC): Top tips and best practice for corporates

Learn about SBLCs: an irrevocable, independent financial security instrument to protect your investments and liabilities. Read more →

Understanding the Basel III Endgame and its impact on trade finance

Navigating the world of global finance? Learn about the Basel III Endgame & the impact of these financial regulations. Read more →

CarbonChain, thyssenkrupp launch carbon tracing tool for green procurement

CarbonChain and thyssenkrupp Materials Services partner to drive decarbonisation through carbon traceability & intensity reports. Read more →

Allianz Trade releases first Country Risk Atlas: UK ranked as “medium risk” for enterprises

Explore the Allianz Trade Country Risk Atlas for insights into key economic trends & country risk assessment model. Read more →

UNCTAD highlights global trade crisis amid maritime disruptions

UNCTAD expresses deep concerns over increasing disruptions to global trade & Jan Hoffmann evaluates the circumstances in a briefing. Read more →

United States to reinstate sanctions on Venezuela

US sanctions reinstated on Venezuela; Venezuelan Supreme Court prohibits opposition leaders’ candidacy in upcoming presidential elections. Read more →

Bank ABC closes €24.9m sustainability facility for Saudi Paper Manufacturing Company

Bank ABC and SACE announce €24.9 million sustainability-linked credit arrangement for Saudi Paper Manufacturing Company. Find out more here. Read more →

TFG Weekly Trade Briefing, 29th January 2024

  • VIDEO | Securing trade’s digital future: Dominic Broom on the rise of digital documents and security challenges
  • The new language of payments: BAFT releases whitepaper on navigating the ISO 20022 transition
  • Choosing the right Incoterm: Ex Works (EXW) vs. FCA
  • Less than 100 days until the EMIR Refit: How to prepare your company
  • Oman’s economic diversification: A closer look at non-oil exports and trade partnerships in 2022
  • Navigating commodity trade finance: A comprehensive guide for borrowers
  • Societe Generale, IFC partner for sustainable finance in developing countries
  • Singapore ratifies UK’s entry into CPTPP

VIDEO | Securing trade’s digital future: Dominic Broom on the rise of digital documents and security challenges

In this episode of Trade Finance Talks, TFG’s Deepesh Patel, spoke with Dominic Broom, Senior Vice President of Working Capital Technology at Arqit, exploring the imperative of striking a balance between the advantages of digital transformation and safeguarding critical data. Read more →

The new language of payments: BAFT releases whitepaper on navigating the ISO 20022 transition

The Bankers Association for Finance and Trade (BAFT), a global industry association for international transaction banking, has released a whitepaper, “ISO 20022 Migration: Lessons Learned”, highlighting some of the critical lessons its members have learned while implementing this ‘new language of payments’. Read more →

Choosing the right Incoterm: Ex Works (EXW) vs. FCA

Get your import & export processes right by understanding the key elements of Incoterms, Ex Works (EXW), common mistakes & best practices. Read more →

Less than 100 days until the EMIR Refit: How to prepare your company

The European Market Infrastructure Regulation (EMIR) was introduced by the European Securities and Markets Authority (ESMA) in 2012 to enhance transparency and reduce risk in derivative markets. But at the end of 2022, the ESMA announced EMIR was getting a new look: the EMIR Refit. Read more →

Oman’s economic diversification: A closer look at non-oil exports and trade partnerships in 2022

Non-oil exports drove economic growth in Oman in 2022. Learn how the government is promoting & supporting the export sector. Read more →

Navigating commodity trade finance: A comprehensive guide for borrowers

Navigate today’s economic landscape with the knowledge of commodities & trade finance. Learn how to make a bankable proposal. Read more →

Societe Generale, IFC partner for sustainable finance in developing countries

Societe Generale and IFC partner to provide enhanced financial solutions for developing countries, focusing on clean energy, water and SMEs. Read more →

Singapore ratifies UK’s entry into CPTPP

On Tuesday, Singapore approved the UK’s accession into the CPTPP. Read more about the benefits and what experts say about the accession. Read more →

TFG Weekly Trade Briefing, 22nd January 2024

Your Monday morning coffee briefing from TFG:

  • PODCAST | Year ahead: Swift CIO on balancing uneven payments regulation and advancing CBDC
  • Maritime mayhem: Implications of the Red Sea shipping crisis
  • Capturing opportunity: 2024 commodity trade outlook
  • Six payments predictions that will influence 2024
  • ‘Green’ commodity markets: Robust environmental claims vs risk of greenwashing
  • Kicking off Davos: Chief economists highlight global economic risks and AI impact
  • Not just the Red Sea: Panama Canal crossings down 36%
  • The role of asset-backed securitisation: Can it bridge the financing gap for micro and SMEs?

PODCAST | Year ahead: Swift CIO on balancing uneven payments regulation and advancing CBDC

2024 is set to bring about significant changes in finance and banking. Driven by a convergence of cutting-edge technologies, the industry-wide transition to ISO 20022, the rise of digital currencies, and innovative AI-powered solutions, the year holds promise for considerable advancements and enhanced alignment between fintech and traditional financial institutions. Read more →

Maritime mayhem: Implications of the Red Sea shipping crisis

To date, 12 shipping companies, in addition to numerous corporates, have suspended activities in the Red Sea, instead choosing to reroute their journeys around the Cape of Good Hope in South Africa. Read more →

Capturing opportunity: 2024 commodity trade outlook

What is the outlook for commodity trading in 2024? Marsh’s Aaron Bailey and Christopher Coppock provide their views. Read more →

Six payments predictions that will influence 2024

The last couple of years have been rough for the economy as a whole and payments in particular. But recovery started building in 2023 and is expected to continue into 2024 — helped by a healthy dose of new technology. Read more →

‘Green’ commodity markets: Robust environmental claims vs risk of greenwashing

In October 2023, Apple announced all its products will be ‘100% carbon-neutral by 2030’. This objective, in line with the company’s commitment, emerged following the establishment of partnerships with suppliers for ‘green aluminium’. Read more →

Kicking off Davos: Chief economists highlight global economic risks and AI impact

Global economic prospects remain tempered and are surrounded by uncertainty, as highlighted in the newest Chief Economists Outlook released today during the start of Davos. Read more →

Not just the Red Sea: Panama Canal crossings down 36%

A prolonged drought beginning last year has led to a 36% reduction in ship crossings at the Panama Canal, a crucial global trade passage. Read more →

The role of asset-backed securitisation: Can it bridge the financing gap for micro and SMEs?

In the world of finance for micro and small and medium-sized enterprises (SMEs), there’s a clear division between two crucial groups: Capital Deployers and Capital Providers. Read more →

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