A critical sector, but unevenly spread The International Credit Insurance and Surety Association, ICISA, estimated that 15.07%, or €8.5 trillion, of global trade in 2023 was supported by short-term trade… read more →
According to a new report from the International Chamber of Commerce (ICC), international trade is becoming increasingly complex as countries erect barriers to widely used shipping terms.
Brazil is pioneering a digital transformation in trade finance that promises to revolutionise how small and medium-sized enterprises (SMEs) conduct cross-border business. At the intersection of technology and international trade,… read more →
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”.
