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Your Monday morning coffee briefing from TFG:
URTEPO: ITFA releases new rules covering electronic payment obligations
How to use Incoterms® proficiently: risk, responsibility, and transfer operations
Trafigura signs $3bn loan agreement guaranteed by Germany to secure gas supply
Mercuria goes digital with CargoDocs electronic Bills of Lading (eBLs)
EBRD and Bank al Etihad support growth of SME and women-led businesses
China’s trade drop to lowest level since 2020 amid COVID struggles
Post-COVID-19 recovery presents a chance to create resilient financial systems in Asia and the Pacific
The WTO says trade can help with climate action
URTEPO: ITFA releases new rules covering electronic payment obligations
ITFA has announced the release of Uniform Rules for Transferable Electronic Payment Obligations (URTEPO), a unique set of rules that cover electronic payment obligations. Read more →
How to use Incoterms® proficiently: risk, responsibility, and transfer operations
Business-to-business (B2B) transport and delivery practices are governed by Incoterms®, published by the International Chamber of Commerce (ICC). Read more →
Trafigura signs $3bn loan agreement guaranteed by Germany to secure gas supply
Trafigura, a market player in the global commodities industry, has entered into a $3 billion four-year loan jointly arranged and underwritten by Deutsche Bank. Read more →
Mercuria goes digital with CargoDocs electronic Bills of Lading (eBLs)
Mercuria, an integrated energy and commodity trading company, recently went live with CargoDocs electronic Bills of Lading (eBLs), having participated in its first ever paperless trade transaction for an iron ore shipment from Australia to China. Read more →
EBRD and Bank al Etihad support growth of SME and women-led businesses
The European Bank for Reconstruction and Development (EBRD) is providing Bank al Etihad (BAE) with a $35 million Basel III compliant subordinated loan to strengthen its lending capacity for businesses. Read more →
China’s trade drop to lowest level since 2020 amid COVID struggles
Imports fell 10.6 per cent in November while exports dropped 8.7 per cent, according to customs data. Read more →
Post-COVID-19 recovery presents a chance to create resilient financial systems in Asia and the Pacific
ADB’s developing member countries need financing for infrastructure projects and support for vulnerable groups, including micro, small and medium-sized enterprises, says a report by the Independent Evaluation Department. Read more →
The WTO says trade can help with climate action
The 2022 edition of the World Trade Organization’s World Trade Report explores the complex interlinkages between climate change, international trade and climate and trade policies. Read more →
