In the wake of the ICC Uniform Rules for Digital Trade Transactions (URDTT) due to publish next month in October, we explore the meaning of a digital trade transaction – underlying assumptions, regulatory framework and future expectations.
Your morning coffee briefing from TFG. The world’s biggest companies felt the greatest impact of corruption and illicit activity in 2020, 15% of UK SMEs are at risk of insolvency in the coming four years, UNCTAD issues amber warning on building back better after the pandemic, Boris Johnson announces new £31 million green finance deal in the UAE and MonetaGo partners with SWIFT to create first-ever global solution to duplicate financing fraud.
The Department for International Trade has recently published its Global Trade Outlook report. TFG summarised of the key points from the report, outlining what could be in store for global trade between now and 2050.
Your morning coffee briefing from TFG. Korea contributes CHF 290,000 to help developing countries participate in global trade, commodity dependence increased over the last decade, supply chains crisis will leave lasting change on globalisation, food price inflation increases pressure on poorer countries and Brexit trade barriers added £600m in costs to UK importers this year.
SINGAPORE & NEW YORK – September 13, 2021 – MonetaGo, a financial technology solutions provider, today announced a new platform to combat financing fraud in trade finance on a global… read more →
Global supply chains have been and continue to be deeply impacted by the changes that have taken place in the last 12 months. From the Suez canal debacle to the current shortage of HGV drivers in the UK, it is fair to say that the industry is, currently, facing significant challenges.
Our editor, Deepesh Patel sat down with Zencargo’s Sales Director, Sam Greenhalgh to discuss what changes need to take place to make the shipping industry more attractive to young professionals.
ITFC and FCI announce a virtual conference that will focus on the factors that drive socio-economic growth and stability. The International Islamic Trade Finance Corporation (ITFC), member of the Islamic… read more →
The impact of the March 2021 incident of the container ship M.V. Ever Given with around 18,300 containers onboard running aground in the Suez Canal has generated international attention and its consequences will continue to unravel for years to come.
Open account business drives economic activity worldwide, and during times of volatility, uncertainty and of course, the pandemic, the need for solutions when it comes to receivables finance has never been more pronounced.