South Korea has formally restored Japan to its list of countries it gives preferential treatment in trade, three years after the neighbours downgraded each other’s trade status amid a diplomatic… read more →
Today, the World Economic Forum (WEF), the World Trade Organization (WTO) Secretariat and the World Bank Group announced their pilot initiative, Action on Climate and Trade (ACT), to help developing… read more →
British trade minister Nigel Huddleston signed a trade deal with the U.S. state of Oklahoma while in Washington. The British embassy noted that while on the trip, Huddleston hailed another… read more →
Industrialisation is a critical component of economic development, with many benefits that include improved standard of living, economic stability, growth in agricultural production, the balance of payment surpluses and high employment rates.
The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu). Leveraging Bancobu’s strategic footprint in the… read more →
Saying the world’s oceans are vast is an understatement. If one were to sail from Cape Town to Tristan da Cunha, the world’s most remote inhabited island, located over 2,000 kilometres to the nearest land, the voyage would take longer than it took Apollo 11 to reach the moon.
Today, Deutsche Bank and SACE announced the close of a €57 million, 10-year lending facility in support of local food production in the Republic of Angola. This facility was guaranteed… read more →
Fraud has been a prevalent issue in commodity trading and financing over the past few years, most recently in relation to cargoes of metals.
On Wednesday, the United States announced that it ratified a deal to cut subsidies contributing to overfishing, becoming the first large fishing nation to do so. United States Trade Representative… read more →
The MLETR (Model Law on Electronic Transferable Records) is a revolutionary solution that aims to transform the trade finance industry by providing an open framework for digitising trade documentation.
