New initiatives like the US’s FedNow and the EU’s Wero leverage technology to speed up payments and simplify compliance and data collection, paving the way for more integration in payments beyond the national level.
At the FCI conference in Tashkent, Uzbekistan, Trade Finance Global spoke to Neil McKain, Country Manager for Uzbekistan at IFC, Davron Ismailov, CEO of Yangi Finance, and Sanjar Nosirov, Director of the Credit Institutions Regulation Methodology Department at the Central Bank of the Republic of Uzbekistan, to learn about the growth of cross-border and domestic trade within Central Asia and what factoring and supply chain finance can do to help.
This article covers the Hague-Visby Rules’ one-year time bar in relation to trade finance issued against a bill of lading as security and a claim for mis-delivery.
Digital trade finance has been top of mind for years, but most will agree that 2024 has seen a significant shift in mindset towards adoption. While the pandemic underscored the… read more →
In light of Canada’s Prime Minister Trudeau resigning as his party’s leader in early January, and with Mexico’s President Sheinbaum only holding office since October, Donald Trump may be facing an entirely new set of neighbours upon taking office at the end of the Month.
Happy New Year from Trade Finance Global (TFG)! Bidding 2024 goodbye is the perfect opportunity to reflect on the wonderfully unpredictable world of trade, treasury, and payments. TFG have been… read more →
Since 1999, the Malaysian government has introduced several initiatives to modernise its procurement processes and enhance economic inclusivity. Among these is the e-Perolehan system, which translates to the e-Procurement system, also known as “eP”.
The 2017 Model Law on Electronic Transferable Records (MLETR) provides a framework for aligning national laws. While a framework is a crucial step away from a solution, developments in electronic… read more →
To discuss these potential implications and explore how a second Trump presidency will reshape global trade, finance, and geopolitical dynamics, Trade Finance Global spoke with Rebecca Harding, Economist at Rebecanomics; Robert Besseling, CEO at Pangea Risk; Alyssa DiCaprio, former Chief Economist at R3; and Simon Everett, Trade Policy Expert on the day the results were announced.
While China’s ties to Latin America may go back centuries, its influence in the region has rapidly grown since 2001 when China entered into the World Trade Organisation. Political and economic ties were then quickly forged; social ties too, with large Chinese communities currently in Brazil, Cuba, Paraguay, Peru, and Venezuela.
