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 →

Today, the EU and Singapore commence negotiations on a digital trade agreement. This proposed agreement is poised to provide legal assurance for comprehensive digital trade and to enhance protections for… read more →

The Electronic Trade Documents Bill has today received Royal Assent, and is officially an act of law (the Electronic Trade Documents Act), promising to transform the way international trade is conducted electronically.

In a bid to bolster the global presence of the Indian rupee, India and the United Arab Emirates have reached an agreement to utilise their respective local currencies for cross-border… read more →

The UK announced on Tuesday its plan to engage in discussions with Turkey to update their existing bilateral free trade agreement. The goal is to expand the scope of the… read more →

At the official opening of the World Export Development Forum 2023, hosted in Ulaanbaatar, Mongolia, Ms. Rabab Fatima, the United Nations Under Secretary General and High Representative for the Least Developed Countries (LDCs), Landlocked Developing Countries (LLDCs), and Small Island Developing States (SIDS), addressed the international trade audience, sharing her insights on the theme “Vision to diversify trade in ways that are green, digital, and organic – and bring small businesses into regional and global trade.” 

Russia announced on Monday the suspension of a vital humanitarian corridor established to facilitate the export of crucial Ukrainian grains to global markets, just hours before the deal’s termination.  The… read more →

Business and Trade Secretary Kemi Badenoch officially signed the accession treaty to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in New Zealand, marking the beginning of the UK’s… read more →

Volante Technologies, a company specialising in cloud payments modernisation, has expanded its existing collaboration with KPMG LLP. The two have developed a new ISO 20022 maturity model designed to assist… read more →

In the geographically dispersed world of international trade finance, efficient communication is crucial. 

This is why the Society for Worldwide Interbank Financial Telecommunication – better known as SWIFT – created its messaging types, which have long served as a means for banks around the globe to communicate and facilitate transactions.