Speaking at the inaugural Global Logistics Forum in Riyadh, Transport Minister Saleh bin Nasser Al-Jasser revealed that £160 billion has already been deployed, yielding significant improvements in the country’s logistics… read more →

In 2024, the year of dramatic elections, tectonic shifts in governing power, and heightened tensions worldwide, Sibos attendees are keeping their eyes squarely on the road ahead. This year’s theme,… read more →

The traditional, paper-heavy processes that once dominated the trade finance industry are now being replaced by innovative, automated systems designed to streamline operations, enhance efficiency, and reduce costs.  This digitalisation… read more →

The ICC Principles for Sustainable Trade Finance (PSTF), developed in collaboration with Boston Consulting Group and leading financial institutions, addresses a crucial gap in the market: the challenge of applying… read more →

It’s hard to ignore the continued growth and influence coming out of Asia for trade. Asia’s trade growth continues to surge, with the Asian Development Bank (ADB) forecasting 5% growth in 2024, driven by strong domestic demand and recovering exports. Regional integration and modern trade agreements are enhancing resilience in key sectors like food and technology. Asia also benefits from rising demand for tech exports, particularly semiconductors, driven by AI. However, risks such as geopolitical tensions and protectionism remain.

Amazon announced on Wednesday, 16 October it had signed three new agreements to support the development of nuclear energy projects to power its data centres in the US.  The technology… read more →

Transactions between Europe and China using trade finance documents like Letters of Credit, Documentary Collections, or Open Account terms, which used to be paper-based and take as long as two… read more →

The assessment tool, unveiled on Thursday 17 October by the ICC’s Digital Standards Initiative (DSI) in partnership with Canada’s Digital Governance Council, aims to facilitate the adoption of Electronic Transferable… read more →

The International Investment Summit, held in London on Monday 14 October, saw Starmer pledge to industry leaders to remove regulation and red tape, to improve trade. Against the backdrop of… read more →

The firm is has been majority-owned by Santander since 2020, and offers cash and foreign exchange risk management services in over 130 currencies. It also services cross-border payments. The company first… read more →