Global Trade Review

Submissions now open for the #GTRAwards! Highlighting excellence in the #trade, #commodity, #supplychain, #exportfinance and #fintech markets. Visit gtreview.com/gtrawards to download the media kit and start your submission 📅 Deadline: January 17, 2025 #TradeFinanceAwards

Denmark’s export credit agency is gearing up to sign several “large” transactions in Ukraine after securing a significant funding injection from the Danish state to support Kyiv’s rebuild efforts. gtreview.com/news/europe/da…

The UK’s Department for Business and Trade has launched a £2.3mn fund to boost UK exports by shaping regulations in key international markets. gtreview.com/news/europe/uk…

The latest GTR magazine, The Supply Chain Issue, is out now! Explore deep-tier SCF, the impact of high interest rates, and more. Read 4 articles for free each month or start your digital trial today: gtreview.com/magazine/the-s… #SupplyChainFinance #TradeFinance #SCF

Dubai Islamic Bank has launched a bid to liquidate a trade finance fund managed by Rasmala Investment Bank, saying it has lost “trust and confidence” in the management of the troubled investment vehicle. gtreview.com/news/mena/uae-…

US authorities have signalled they will take enforcement action against banks that violate the country’s far-reaching export control regulations, while providing guidance for the first time on how to comply with the rules. gtreview.com/news/americas/…

The US-China trade war is increasingly dividing the world into two camps, leading allies to prioritise trade between themselves over unfriendly nations, a World Trade Organization working paper suggests – with some important caveats. gtreview.com/news/global/fr…

Credit insurer Atradius has hired the former head of Greece’s export credit agency as deputy managing director, effective immediately. gtreview.com/news/on-the-mo…

Korea’s SeAH Steel Holdings will pump additional investment into an offshore wind factory in England after securing a £225mn financing package backed by the UK and Korean export credit agencies. gtreview.com/news/sustainab…

The International Finance Corporation and Absa have partnered to provide a commodity trade finance facility to Singapore-based Valency International for the purchase of African agricultural commodities. gtreview.com/news/africa/if…

Craig Weeks has joined Baft (Bankers Association for Finance and Trade) as senior vice-president of trade, following his predecessor’s retirement from full-time work. gtreview.com/news/on-the-mo…

In the latest episode of GTR Trade Insights, we discuss the vibrant e-commerce market and what its evolution means from a funding perspective. gtrtradeinsights.podbean.com/e/gtr-trade-in…

GTR speaks with Ruslan Hashev, chairman of the management board of Ukraine’s ECA, about its war risk insurance scheme, ongoing challenges for the agency, and plans to potentially onboard a new shareholder. gtreview.com/news/europe/an…

Law firm Akin has hired Ross Denton as senior council in its international trade practice. gtreview.com/news/on-the-mo…

Standard Chartered has launched a revolving credit facility that offers borrowers pricing incentives to hit sustainability targets, with a primary focus on commodities companies. gtreview.com/news/sustainab…

The trading arm of Japanese energy firm Jera has secured a US$1.49bn borrowing facility from 30 banks. gtreview.com/news/asia/jera…

After a landmark year for the adoption of electronic bills of lading (eBLs) in containerised trade, digitisation advocates are pushing for usage to double again to 10% by the end of the year. gtreview.com/news/fintech/c…

Bank of Africa, a large commercial bank headquartered in Morocco, has secured a €70mn facility from the African Development Bank to boost trade finance across the continent. gtreview.com/news/africa/af…

HSBC and fintech Tradeshift have launched a joint venture to finance businesses that use e-commerce marketplaces, as the bank bets on growth in embedded finance. gtreview.com/news/fintech/h…

Almost the entire reserves of a purported stablecoin have been invested in an undisclosed trade finance fund, the SEC has alleged. gtreview.com/news/americas/…