The head of the International Chamber of Commerce (ICC) has written an open letter calling on major institutions to protect small businesses impacted by economic sanctions on Russia. John W.H.… read more →

Letters of credit are one of the most commonly used trade finance instruments, and they are a great way to increase security and mitigate risk during a trade transaction

Freeports are a special kind of air, rail, or seaport, where normal tax and customs rules don’t apply, says John Lucy, director of Liverpool City Region Freeport

Among last week’s top stories, the Trade Finance Global International Trade Awards 2022, in cooperation with BAFT, announced that nominations are now open

If you are a UK business that is importing or exporting goods post-Brexit, then you will need to be familiar with UK customs declarations

Germany’s exports rose 14% in 2021 compared with 2020, but the country’s trade surplus fell almost 60% towards the end of the year.  New data from Germany’s Federal Statistical Office,… read more →

Germany’s trade surplus shrank for four consecutive months towards the end of 2021, as imports to Europe’s largest economy hit another record high. New data from Germany’s Federal Statistical Office,… read more →

The UK’s trade deficit with China has more than tripled after a year of lockdowns during the COVID-19 pandemic.

The UK government is preparing to introduce new rules on suppliers’ declarations for trade between Britain and the EU, which will come into effect at the end of 2021. As… read more →

The supply chain crisis appears to be subsiding, according to the World Trade Organization’s (WTO) most recent World Trade Report.