TFG Weekly Trade Briefing, 11th September 2023
International expansion: Leveraging trade credit insurance in a post-Brexit, post-pandemic world
Sarah Murrow , CEO of Allianz Trade in UK & Ireland , explains how trade credit insurance can help UK companies grow export revenues safely at a time of heightened credit risk. Read more →
Trade Finance Gap rises to $2.5 trillion USD – five key takeaways from ADB’s latest report on trade finance gaps, growth, and jobs
By Carter Hoffman : In its largest single-period increase since its inception, the Asian Development Bank (ADB) ’s latest Trade Finance Gaps, Growth, and Jobs Survey indicates that the trade finance gap in 2022 rose to $2.5 trillion, up from $1.7 in 2020 and $1.5 trillion in 2018. Read more →
Being LGBTQ+ in trade, treasury and payments: TFG to host livestream at Sibos 2023
A first for the industry, TFG has partnered with major organisations in trade, treasury, and payments to speak openly about an invaluable segment: the LGBTQ+ community. Read more →
ADB Report: Trade finance gap grows to $2.5tn, and sustainability remains a key strategy
By Steven Beck : ADB’s flagship Trade Finance Gaps Survey returns for its eighth edition, confirming expectations that the global trade finance gap – unmet demand for trade financing – has worsened, reaching? $2.5 trillion, an increase of 47% since the last stock-taking which pegged the gap at $1.7 trillion in 2020. Read more →
TFG to host comprehensive Tradecast on UK’s Electronic Trade Documents Act (ETDA)
Trade Finance Global (TFG), in collaboration with UK Export Finance and the Department for Business & Trade, is set to host a tradecast on 13th September 2023, one week before the Electronic Trade Documents Act (ETDA) comes into force. Read more →
Navigating the future of digital payments: Efficiency, security, and compliance
By Deepa Sinha : In an era marked by technological advancement and rapid digitisation, the landscape of financial transactions has undergone a transformative shift. Traditional modes of payment, such as checks and physical currency, have given way to the convenience and efficiency of digital payments. Read more →
UK and Japan ECAs sign MoU to boost global trade and sustainable development
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 facilitate joint ventures that will assist businesses involved in exports. Read more →
Half of African and Middle Eastern states face severe or high coup risks
By Robert Besseling : A spree of military coups in fragile West and Central African states is raising concern of contagion to other regions and more stable countries. Read more →