Businesses with supply chains which rely on Trade Credit Insurance and who are experiencing difficulties maintaining cover due to Coronavirus will get support from the government, the Economic Secretary to… read more →
ICC Banking Commission has released its 2019 Trade Register Report, revealing COVID-19’s potential to disrupt global trade.
The UK and US governments will today (Tuesday 5 May) start negotiating a UK-US Free Trade Agreement. The International Trade Secretary Liz Truss and the US Trade Representative Robert Lighthizer… read more →
“WTO economists believe the decline will likely exceed the trade slump brought on by the global financial crisis of 2008-2009″
As airlines struggle with their cashflows as a result of the travel slump brought about by Covid-19, TFG’s Flora Tan spoke to Ocorian’s Conor Blake, examining the impacts.
The Chancellor, Rishi Sunak, has significantly increased UK Export Finance’s (UKEF) direct lending facility to £8 billion, with £2 billion allocated for clean growth projects. Through UKEF’s direct lending scheme,… read more →
The first estimates for the factoring industry worldwide in 2019 have been announced today by the FCI Secretary General at BCR’s 20th RFIX event
UK Export Finance announces NT$9.2 billion (£230 million) in support for UK businesses supplying a large-scale wind farm off the coast of Taiwan. UK Export Finance (UKEF) is a main… read more →
Despite what economists, central bankers, and politicians may tell you, the evolution of the world economy is not a graceful one. Rarely does it feel cooperative, since getting a good look at how a single element impacts the whole can seem downright impossible. However, the past few days have shined a light on how trade helps shape the global economic landscape, make waves across markets, and set the tone for the future.
Existing systems are woefully inefficient, siloed or still paper-based and many of them have not improved for decades. The Marco Polo Network is working with Financial Institutions, Corporates and Technology & Service Providers to remove the barriers preventing them from operating at their best.
