Trade between Moscow and the EU increases by 2% year-on-year, CDC provides USD 50 million trade finance facility to bring liquidity to trade finance in Africa, FMC creates a program to review detention and demurrage practices, UKEF backs major offshore wind farms and ARRC formally recommends Term SOFR.
From January to March 2021, trade between Moscow and EU member countries rose to USD 27.46 billion, representing a 2% year-on-year increase. Moscow accounts for half of the volume of… 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 →
Your morning coffee briefing from TFG. Goods barometer is nearly 10 points above the baseline value of 100 for the index and up 21.6 points year-on-year, reflecting the strength of the current recovery from COVID-19 crisis. ICC launches, ICC Trade Now, a suite of digital products and services to tackle the global trade finance gap. EU set to unveil digital wallet for post-Covid life
This article argues that the EU falls short of maintaining ‘mutual solidarity’ and that the stark economic differences between many EU nations leads to conflicting energy policies with Russia.
Heavy burden is left upon UK government and private sectors as they comply with WTO rules in anti-dumping cases to impose duties on foreign exporters that are undercutting UK manufacturers.
Russia faces continued turbulence and unrest, yet being the largest country in the world by territory, holding the 4th largest FX reserves in the world, we wanted to get under the skin of what running a trade finance business is like in Russia.
What are the reasons for the rise in oil prices in Saudi Arabia? Supply and demand: Oil is a globally traded commodity. Its prices are determined partly by the current… read more →
In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.
