Our departure from the EU will give the UK the ability to take control of its own independent trade policy for the first time in more than 40 years.
Despite today’s climate of rising trade tariffs and falling trade volumes, UniCredit’s Global Head of Global Transaction Banking, Luca Corsini, claims we have reason to remain optimistic for trade finance revenues in the coming months, pointing to the rising need for security in trade transactions, the rise of digital platforms to simplify and expand service provision, and continued infrastructure development stemming from Asia
In 2012, Asian Development Bank’s Trade Finance Program (TFP) commissioned a unique study, the first of its kind, to understand and quantify the unmet demand for trade finance, known as the global trade finance gap. Over the years, TFP has updated this study to quantify and inform policymakers and market participants about the main drivers for this persistent trade finance gap.
TFG spoke to the leading trade, banking, forfaiting, factoring and open account industry bodies to get an update on the key projects, initiatives and milestones from 2019.
The International Chamber of Commerce (ICC) has released Incoterms® 2020, the globally recognised trade terms for the sale of goods, providing certainty and clarity to business and traders everywhere. The… read more →
The UK and Chinese governments will today (17 June) welcome a set of green finance guidelines for the Belt and Road Initiative (BRI), developed by the City of London Corporation‘s… read more →
Today TFG record live from the ITFA Annual Meeting in Budapest. The conference covered developments within areas of supply chain finance, credit risk insurance and ever more creative risk distribution techniques, as well as the rise of fintech within the trade and open account environment.
Today we’re reminding our listeners that incoterms rules are changing at the start of 2020. With the updates and specific changes to be announced very shortly by the International Chamber of Commerce. We are delighted to be joined by a world-renowned exporting expert, Mr Robert Ronai.
A new online service launched today from the Department of International Trade (DIT) will make it easier for British businesses to trade globally. The tool launched today will allow British… read more →
Pitch your ideas on the ‘Impact of Emerging Technologies on Global Trade & Global Supply Chains’ to win a trip to the October’s WTO Public Forum 2019 in Geneva and… read more →