The export credit agencies (ECAs) of the United Kingdom and Japan have inked a Memorandum of Understanding (MoU) to bolster their collaborative efforts on global projects. This move aims to… read more →
Today, the OECD released their International Trade Statistics report for Q2 2023. The report offers an insight into the global trade landscape, highlighting significant shifts and trends. With a decline in G20 merchandise trade and a marked slowdown in services trade, the report paints a complex picture of international commerce.
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 →
Globalisation is not dead, contrary to recent claims. Nowhere is this more evident than in global trade, where high-growth trade corridors in Asia, Africa and the Middle East are set to outpace the global average by up to four percentage points.
Today, Japan declared its decision to reinstate South Korea as a preferred nation with fast-track trade status, effectively ending a prolonged four-year economic row that had exacerbated their bitter historical… read more →
In the midst of a significant dollar surge, as interest rate differentials continue to favor the American currency, the Japanese yen has fallen to its lowest levels since November 2022.… read more →
According to Reuters, Japan and the United States will issue a joint statement pertaining to technology collaboration, furthering their shared commitment to enhanced cooperation in the realms of advanced chips… read more →
Today, Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the sale of 1 million tonnes per annum (MTPA) of… read more →
South Korea has formally restored Japan to its list of countries it gives preferential treatment in trade, three years after the neighbours downgraded each other’s trade status amid a diplomatic… read more →
The UK is set to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), an expansive free trade area of 11 countries spanning the Indo-Pacific. The new agreement follows… read more →
The Port of Los Angeles has entered into separate Memorandum of Understandings (MOUs) with the Port of Tokyo and the Port of Yokohama – to formally collaborate on sustainability and… read more →
Sumitomo Mitsui Banking (SMBC) will phase out corporate and project finance exposure to coal mining by 2040, but does not have a concrete timeline for reducing support to trade finance,… read more →
Trade Finance Global (TFG) are delighted to have had the opportunity to speak with Liliana Fratini Passi, Managing Director, CBI, for further insight into the situation.
For sustainable trade finance to scale, the industry needs a uniform model for ESG data that can be used by everybody, says Pradeep Nair, Global Head of Structured Solutions and Development of Standard Chartered Bank