GTR eNews: August 31st
Global Trade Review (GTR)
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Top Stories
Winson fraud judgement a “significant victory” for banks
A recent Singapore court ruling that found Winson Oil made fraudulent representations to two banks brings much-needed clarity to the trade finance sector, industry insiders believe.
Europe’s imports of Russian LNG soar
Global Witness has called for the EU to ban imports of Russian LNG, after finding member states have significantly increased purchases despite the Kremlin’s ongoing war in Ukraine.
India Exim files suit against UAE steel company
The Export-Import Bank of India has filed a lawsuit in the London High Court against a Dubai-based steelmaker, alleging the company still owes US$14mn under a pair of financing agreements.
High growth, low volumes: Africa’s SCF problem
Africa’s SCF market grew far faster than any other region last year, but uptake remains hampered by a lack of digitisation, limited company data and regulatory barriers, UN research finds.?
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Contributed articles
Digitalisation of trade and sustainability are critical elements of global trade finance and have the potential to deliver outsized benefits.
Members of Citi's global trade data, partnership and innovation team share their outlook for the future of digital trade, and the innovative tools that will power it.
Pratheepan Karunagaran, executive director of Apical, a member of the RGE group of companies, outlines measures across the supply chain ecosystem to drive sustainable palm oil production.
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