World trade of goods has declined some 12% in the last year, representing a loss of $22 trillion USD of trade. Is it all doom and gloom for trade, or will we see a resurgence?
TFG’s Deepesh Patel spoke to ITFA’s Chairman, Sean Edwards, about the ITFA Structured Letters of Credit Working Group, and the emergence of Structured Letters of Credit as a variant of Traditional LCs.
Czarnikow Group Limited (CZ) announces its first syndicated Borrowing Base Facility to start this month which launched at US$50 million and closed oversubscribed at US$80 million. This facility was arranged… read more →
Bankers and traders can now access a fully comprehensive digital platform by VERIDAPT called AdaptSCF that ensures security, reliability and compliance in the digital trade finance world.
The agreement aims at boosting trade development across the country’s agriculture, energy, healthcare, and private sectors over a period of five years. The International Islamic Trade Finance Corporation (ITFC), a… read more →
Your morning coffee briefing from TFG. International Chamber of Commerce (ICC) warns G7 leaders they risk imposing major costs to the global economy absent of a step-change in their approach to managing the Covid-19 pandemic. UN Trade Forum 2021 to explore how to ensure a COVID-19 economic recovery that protects the planet and promotes inclusive development.
The global macro economic impact of the pandemic and how its prolonged impact on certain sectors and trade was discussed at length in a panel moderated by Jake Jacobson at the BAFT’s 2021 virtual Global Annual Meeting.
The Class of 2021, comprised of 36 individuals from 26 countries, were recognized today during BAFT’s 2021 Virtual Global Annual Meeting.WASHINGTON – BAFT, the leading global financial services association for… read more →
Saint Petersburg, Russia, June 4, 2021. Ferkensco Management Limited LLC (“Ferkensco”) has signed two bilateral cooperation agreements with Gazprombank to finance the construction of: A plant to produce complex mineral fertilizers… read more →
Saint Petersburg, Russia, June 4, 2021. Jizzakh Petroleum JV LLC signed a four-sided Memorandum of Understanding (MOU) with Russia’s Gazprombank (Joint Stock Company), State Development Corporation VEB.RF, and the Russian… read more →