To successfully digitalise Bills of Lading, the three necessary foundations are law, standards and technology. Without their proper application, any eBL SaaS platform, notwithstanding the attractiveness of the business model, is unstable.
The African Union Commission (AUC) and the International Trade Centre (ITC) have come together to solidify their ongoing partnership. The two groups signed a memorandum of understanding (MOU) at the… read more →
Despite most industries witnessing digital leaps forward over the past decade, the world of trade has kept its focus on paper-based documentation. In fact, trade documents such as promissory notes, bills of lading, and performance bonds have remained relatively unchanged for centuries.
FCI, the global representative body for factoring and financing of open account domestic and international trade receivables, has released their annual World Factoring Statistics report.
Australian Prime Minister Anthony Albanese and Indian Prime Minister, Narendra Modi met in Sydney to discuss regional security and economic ties and signed a migration deal to boost Indian student… read more →
The existing regulatory frameworks overseeing sustainability reporting in the Financial Institutions sector are giving rise to numerous unexpected outcomes that will ultimately hinder the global pursuit of long-term sustainability goals.… read more →
The Ukrainian Ministry of Finance has announced the commencement of a milestone as an International Monetary Fund (IMF) mission begins its first review of a substantial $15.6 billion loan program.… read more →
In international trade, shipping containers are vital for transporting goods safely and securely. To use them, however, many shipping lines require traders to put down deposits – known as container deposits – to safeguard against possible liabilities such as damage, demurrage, or total loss of the container.
Finance Minister Choo Kyung-ho of South Korea has dismissed the notion of decoupling from China, emphasising the significance of the world’s second-largest economy as Seoul’s “most important partner” for economic… read more →
Trade Finance Global (TFG) is proud to announce that part of its Trade Finance Talks content has been accredited as official Continuing Professional Development (CPD) resources for a wide range… read more →
