The UK will today nominate former International Trade Secretary Dr Liam Fox as the next Director-General of the World Trade Organization. The Government believes he is the ideal candidate for… read more →
The WTO issued on 6 July the latest edition of its annual publication World Tariff Profiles, which provides comprehensive information on the tariffs and non-tariff measures imposed by over 170… read more →
The UK’s response to new security laws in Hong Kong and the decision to offer a route to citizenship for almost three million Hongkongers has been met frostily by China.… read more →
Washington, D.C., July 23, 2018 – IFC, a member of the World Bank Group, and Citi announced today the signing of a $1.2 billion risk-sharing facility to help stimulate the growth… read more →
Amidst the Covid-19 crisis, World Bank IDA approves a record long-term USD 415 million project financing facility with a credit line blended with technical assistance for TDB. Nairobi, 30 June… read more →
Although the second quarter of 2020 is shaping up to be the most challenging period of the year, there are now good reasons to think that the road to recovery… read more →
Murabaha financing agreement delivers critical support for thousands of farmers exporting food commodities across the continent as COVID-19 impacts global food commodity prices. (Jeddah, KSA, 30 June 2020). The International Islamic Trade Finance… read more →
The grant, which falls under the umbrella of the Arab-Africa Trade Bridges Program’s response to the COVID-19 crisis, provides immediate emergency funding to fight against novel coronavirus. (Jeddah, KSA, 25… read more →
Nairobi, 24 June 2020 – The African Development Bank (AfDB), the Arab Bank for Economic Development in Africa (BADEA), and the OPEC Fund for International Development (the OPEC Fund) have, once… read more →
Irrespective of size, sector or country the economic and social impact of the pandemic has expanded, and challenges are growing for business and the accountancy profession, reveals ACCA’s Covid-19 global… read more →
Singapore & Malta, 23 June 2020 Contour, the Singapore-based open trade finance network, today announced its partnership with essDOCS, the leading enabler of paperless trade. The news follows Contour and essDOCS’ initial… read more →
Package of measures designed to turbo charge UK food and drink as the world recovers from coronavirus The plan will provide unprecedented help for SMEs and allow them to capitalise… read more →
Preventing duplicate financing of invoices and eWay Bills – India Factoring and MonetaGo join forces
Recently, Indian banks have had a number of high-profile fraud cases. In the first half of this year alone, there have been 40 cases of bank fraud reported to CBI. Because… read more →
The Government’s export credit agency, UK Export Finance, provides over £100 million in direct lending for project to redevelop a 114-mile road in Benin Sogea-Satom UK will source goods and… read more →
The economic consequences of the COVID-19 pandemic are of an unprecedented scale in Europe. The twin supply-demand shock has resulted in the halting of production (at least partially) in many… read more →