A new report by Neo, a provider of FX and payments services, reveals that SMEs continue to rely heavily on traditional banks for cross-border payments, leading to challenges in terms… read more →
Last month, I found myself staying with a nomad family in a traditional yurt (‘ger’), 300km West of Ulaanbaatar, Mongolia, staring at the overwhelmingly star-filled night sky.
The International Monetary Fund (IMF) has slightly increased its 2023 global growth forecast, citing strong economic performance in the first quarter, but also cautioned about ongoing challenges impacting the long-term… read more →
It seemed like just yesterday that TFG spoke to our industry friends about their predictions for 2023. But in a blink of an eye, we are over half way through the year. As always, the world of international trade is a busy one, filled with twists and turns that are difficult to predict.
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.”