The European Union is on track to introduce tariffs on grain imports from Russia and Belarus as a measure to support its farmers and address the concerns of certain member states, according to officials with knowledge of the discussions who spoke on Tuesday.
UNCTAD expresses deep concerns over increasing disruptions to global trade & Jan Hoffmann evaluates the circumstances in a briefing.
In collaboration with the Ukrainian government, Ukreximbank, Ukrgasbank, and DZ Bank, Marsh McLennan has announced Unity, a new insurance facility designed to offer cost-effective insurance for exporting grain and other… read more →
Currently responsible for 3% of global greenhouse gas emissions, maritime transport must decarbonise whilst facing extensive costs and adverse economic operating environments, as well as increasing geopolitical risks.
Does a New York court have jurisdiction over an Indian collecting bank that is alleged to have violated the Uniform Rules for Collections (URC 522) for neither collecting and remitting funds to pay for shipments represented by the documents forwarded to it nor returning originals of several of the documents sent to it for collection?
UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX) have inked a $500 million contract to supply Egypt with wheat, a statement confirmed on Monday. The five-year deal,… read more →
India’s edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals, given uncertainty over supplies from the Black Sea,… read more →
Wheat prices dipped slightly but remain on track for a weekly increase exceeding 9%, amid escalating tensions in the Black Sea contributing to potential disruptions in the grain trade from… read more →
The Food and Agriculture Organization (FAO) of the United Nations reported a significant decline in the world price index for food commodities in May. The index, which tracks the prices… read more →
In response to the challenges posed by the COVID-19 pandemic and the recent crisis in Ukraine, the World Trade Organization (WTO) has introduced the Global Trade Data Portal. This initiative… read more →
