Since the UCP 600’s adoption in 2007, concern has persisted over what the Article 35 rule actually requires of an LC issuer if documents get lost in transit between banks.
Behind the looking glass: trade finance insights you don’t want to miss.
UKEF backs Ford through its electric vehicle production line expansion, working towards its 2035 net zero plan. Ford has doubled down on its commitment to the UK as its European… read more →
Jiko, a financial network for storing and moving money, announces that it has traded over $1 billion in treasury bills since the summer 2022 launch of Jiko Money Storage. Jiko… read more →
On November 30, the UK and Ukraine are set to agree a new Digital Trade Agreement (DTA). Trade Secretary Kemi Badenoch MP and Ukraine’s First Deputy Prime Minister and Minister… read more →
On Tuesday, Maersk and IBM announced that TradeLens, their collaborative blockchain-based global trade platform, will be withdrawn from the market.
28 November 2022
Your Monday morning coffee briefing from TFG
Multilateral development bank, African Export-Import Bank (Afreximbank), announced a US$3 billion Country Programme for Kenya, aimed at supporting infrastructure, agriculture, housing and MSMEs. The programme was announced during a meeting… read more →
Trade between the United Arab Emirates (UAE) and several African nations has registered steady growth. Etihad Credit Insurance (ECI), the UAE Federal export credit company, and African Trade Insurance Agency… read more →
Gunvor Group Ltd has signed a $1.645 billion sustainability-linked, multi-currency revolving credit facility (RCF) in favour of Gunvor International B.V. and Gunvor SA. The RCF received strong support from both… read more →
