Your Monday coffee briefing from TFG:
World’s first: ICC and WTO launch standards toolkit for paperless trade
How the Russian war in Ukraine will change global trade
COVID-19 pushed 4.7m people in Southeast Asia into extreme poverty in 2021, but region can bounce back in 2022, says new ADB report
Sullivan advises BAFT, ITFA on amendment agreements to MPAs after LIBOR cessation
Reckitt and The Coca-Cola Company partner with Diginex on greater supply chain transparency
UK and Turkey agree clean transport deal worth £1.7bn in boost to British rail industry
Volante Technologies launches service to accelerate ISO 20022 payments modernisation
Berne Union launches Climate Working Group, aims to drive policy alignment for trade finance green transition
World’s first: ICC and WTO launch standards toolkit for paperless trade
The ICC and the WTO have published the world’s first toolkit to help companies and governments adopt standards to accelerate the digitalisation of trade processes. Read more→
How the Russian war in Ukraine will change global trade
The Russian war in Ukraine is leading to a long-term upheaval in global trade flows of everything from wood and oil to diamonds and COVID-19 vaccines. Read more →
COVID-19 pushed 4.7m people in Southeast Asia into extreme poverty in 2021, but region can bounce back in 2022, says new ADB report
A new report has found that the COVID-19 pandemic pushed 4.7 million people in Southeast Asia into extreme poverty in 2021, following the loss of 9.3 million jobs since 2019. Read more →
Sullivan advises BAFT, ITFA on amendment agreements to MPAs after LIBOR cessation
The new changes to the master participation agreements (MPAs) reflect the cessation of the London Interbank Offered Rate (LIBOR) at year-end 2021. Read more →
Reckitt and The Coca-Cola Company partner with Diginex on greater supply chain transparency
The new platform, DiginexLUMEN, is a due diligence tool that aims to provide brands with trust, transparency, and accountability in global supply chains. Read more →
UK and Turkey agree clean transport deal worth £1.7bn in boost to British rail industry
The UK has signed a landmark trade finance deal with Turkey that will support the construction of a major new railway. Read more →
Volante Technologies launches service to accelerate ISO 20022 payments modernisation
Volante Technologies, a global cloud payments and financial messaging company, has announced the launch of its Volante ISO 20022 Service. Read more →
Berne Union launches Climate Working Group, aims to drive policy alignment for trade finance green transition
The new Climate Working Group (CWG) will aim to support the integration of climate action in the export credit, trade finance, and political risk insurance industries. Read more →