World trade of goods has declined some 12% in the last year, representing a loss of $22 trillion USD of trade. Is it all doom and gloom for trade, or will we see a resurgence?
What is trade? Why is trade important? How does it work? What is the role of major trading institutions? What is a trade deficit? Find all the answers here!
Global supply chains have been hit by a surge in Covid cases in southern Vietnam, aluminium prices are at a 10 year high as global demand surges
UK Export Finance backs its largest-ever facility in Côte d’Ivoire, West Africa to back exports of UK medical equipment. UKEF’s largest ever loan in francophone Africa will finance specialised medical… read more →
UK Export Finance supports Swansea based exporter of iconic children’s character-themed clothing with a General Export Facility. Character.com sells a range of character-themed clothing worldwide including Harry Potter, Star Wars, Peppa Pig… read more →
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 →
The International Chamber of Commerce (ICC) Banking Commission recently announced a single Steering Committee for its work on trade, supply chain and export finance, comprising one Chair and 12 Vice-Chairs.
UK Export Finance (UKEF), the UK’s export credit agency, has signed a new financing deal with offshore technology contractor First Subsea in an effort to promote Britain’s renewable energy transition.… read more →
Closing a deal between an unknown buyer and seller is difficult. Add to this the cross-border element and the many different agents on the way, and trade suddenly gets complicated.
European Union unveiled new legislation to help meet its goal of reducing net greenhouse gas emissions by at least 55% by 2030, including a controversial plan to tax foreign companies… read more →