Your Monday morning coffee briefing from TFG. Sixty-seven countries signed a landmark WTO deal set to cut the cost of global services trade by $150 billion per year. A new OECD report has forecast that the UK economy will grow at a faster pace than any of its G7 rivals in 2021, but growth globally is losing momentum. The WTO cancelled its 12th Ministerial Conference (MC12), citing new COVID-19 travel restrictions. The ICC published a new framework for responsible environmental marketing. And finally, TFG hears from Willis Towers Watson’s Scott Ettien on building ITFA’s harmonised Basel III-compliant trade credit insurance policy form.
67 countries sign landmark WTO deal set to cut cost of global services trade by $150bn
Sixty-seven countries have delivered a landmark deal on services trade regulation that could save up to $150 billion in trade costs every year. Read more →
UK growth to outpace G7 rivals in 2021, says new OECD report, amid uncertain global recovery
A new OECD report has forecast that the UK economy will grow at a faster pace than any of its G7 rivals in 2021, but growth globally is losing momentum. Read more →
VIDEO: Grappling with oversupply, decarbonisation, record price volatility – What does the future hold for LNG?
In the commodities super cycle that has emerged out of the COVID-19 pandemic, few resources have seen as much volatility as liquified natural gas (LNG), but what does the future hold from here? Read more →
CANCELLED: 12th WTO Ministerial Conference postponed indefinitely due to Omicron travel restrictions
The World Trade Organization (WTO) announced that it has postponed indefinitely its 12th Ministerial Conference (MC12), citing new COVID-19 travel restrictions. Read more →
ICC publishes updated framework for responsible environmental marketing communications
The Environmental Framework provides a summary of the principles of the ICC Code, including those on environmental claims, and supplements them with additional commentary on environmental advertising. Read more →
UK gov deploys 8 new agri-food and drink attachés to boost trade in priority markets, including US, China
The UK government has announced that it will deploy eight new attachés to promote trade and boost exports in key agri-food and drink markets overseas. Read more →
VIDEO: Scott Ettien on building ITFA’s harmonised Basel III-compliant trade credit insurance policy form
In October this year, the International Trade and Forfaiting Association (ITFA) published its long-awaited harmonised Basel III-compliant trade credit insurance policy form. Read more →
UK gov to bring 200+ trade advisers in-house, costing £18m per year
The UK government’s Department for International Trade (DIT) has revealed new plans to bring more than 200 trade advisers and their support teams in-house. Read more →
