We spoke to Anabel Gonzalez during the World Trade Symposium in New York. We discussed whether the current US-China trade war had a positive impact on Latin American trade flows. Geopolitical uncertainty continues to threaten foreign investment and economic growth, particularly in emerging markets. Policymakers around the world are fretting about trade uncertainty and its impact on access to business finance, meanwhile, innovation and competition remain critical for economic growth.
New York, World Trade Symposium. With the world trade order under threat from protectionist movements, tit-for-tat tariffs, and a shift away from free and open trade, TFG’s Editor Deepesh Patel caught up with ICC’s Secretary General and Member of the World Trade Board, John Denton at Finastra’s World Trade Symposium.
For over a month, political and economic tensions have been troubling the small middle-eastern nation. As turbulent exchange rates wreak havoc on the country’s economy, many are asking: what’s next?
TFG structures a £500k revolving trade finance facility for a packaging company for an order of 34 million sustainable glass jars, moving towards a long term sustainable finance facility
Across both developed and developing countries, services trade is accounting for a growing share of GDP. The World Trade Organization recently published their 2019 report “The Future of Services Trade”, which looks at this expansion of service trade and illustrates what the future of the sector may entail.
19 November, 2019 (Melbourne / London) – Marco Polo Network, one of the largest and fastest-growing trade finance networks globally, has welcomed National Australian Bank (NAB) as its first Australian… read more →
Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 18th November 2019.
The ICC Uniform Rules for Collections (URC522) Supplement for Electronic Presentation (eURC). On 1 July 2019, the revised internet eRules and guidelines for online trade finance documentary collections came into effect for banks, importers, exporters, and freight forwarders to prepare and present electronic records for documentary collections in lieu of or in conjunction with paper documents.
We spoke to Ronan Quigley from the British Chambers of Commerce during the World Trade Summit on 23rd October at The Law Society in London. The event took place amid growing speculation about the prospects of a winter General Election, following the Government’s defeat to its proposed timetable for the passing through of its EU Withdrawal Agreement Bill. Ronan gave us an overview of the support landscape for UK businesses, post-Brexit and discussed the new version of the Incoterms.
With the UK and EU yet to reach an agreement on their future trading relationship, it is vital goods vehicle operators are as prepared as possible for a No Deal Brexit. In this scenario, new border procedures and haulier responsibilities will come into effect immediately. Hauliers must ensure they fully understand the new road haulage procedures, documentation requirements and responsibilities that will arise; otherwise, they risk their operations coming to a standstill.