The Brexit calamity continues, as Boris Johnson takes to No 10 Downing Street following the Conservative Party Ballot Paper result, taking strategic control of the UK government.
Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 22nd July 2019.
“There remains significant capital trapped within the supply chains of S&P 1500 companies, with a potential to release an estimated $460 billion through working capital optimization programs”.
As the UK prepares to leave the EU, significant efforts have needed to be made to prepare the government to negotiate for their own Free Trade Agreements. Is the UK ready for such a challenge?
The International Chamber of Commerce (ICC) announced that it has accelerated attempts to digitalise of trade finance by releasing two new sets of enhanced rules, Uniform Customs and Practise for Documentary Credits (eUCP) and Uniform Rules for Collections (eURC 522).
Inspection and stock management are critical components of overseas trade and the import / export of goods. TFG spoke to Valeriya Ovdienko, Project Manager at DRUM Risk Limited about the physical and transactional risks in the commodity supply chain.
London, 16th July 2019. TFG announces strategic partnership with WOA. TFG’s Deepesh Patel appointed as Advisor to support World of Open Account (WOA) in the development of new ideas, activities and the online community for the promotion of open account trade & receivables finance.
An Essex based Vegetable and Fat Trader & Shipper, which has been trading for 38 years, has secured a £1.3m structured line of credit by GapCap, facilitated by Trade Finance Global (TFG).
The World Trade Symposium in November coincides with incredibly interesting times in global trade. Not only will the run-up to the US 2020 Presidential election be well underway, but a spotlight will be firmly trained on the impact of Brexit on the EU, should it go ahead at the end of October.
TFG spoke to Mitigram’s CEO Milena Torciano, who just raised a Series B round of financing, worth 100SEK ($10.7m USD) from Sampo, on their ambition to become the Bloomberg of trade and digitise trade flows.
