The UK’s Department for Business and trade has launched a £2.3mn fund to boost UK exports by shaping regulations in international markets.| Global Trade Review (GTR)
The Biden administration’s approach to international negotiations marks a step change in US trade policy. But despite a change in tone towards the World Trade Organization (WTO), there is little indication that the US will prioritise tackling key issues plaguing the global trade body. On February 5, two weeks after his inauguration, President Joe…| Global Trade Review (GTR)
The UK has unveiled a £2bn funding boost for the country’s export credit agency aimed at boosting foreign sales of defence goods such as missiles, aircraft and armoured vehicles to allied partners. The move, announced by UK Chancellor Rachel Reeves on a visit to Scotland today, will grow the direct lending capacity of UK Export ...| Global Trade Review (GTR)
The UK has joined a growing list of countries using their export credit agencies (ECAs) to gain an advantage in the global tussle over the supply of critical minerals. UK chancellor Rachel Reeves announced on October 30 that companies supplying critical minerals to UK exporters will be eligible to apply for a special credit guarantee ...| Global Trade Review (GTR)
UK Export Finance (UKEF) has vowed to support 1,000 SMEs per year before the end of the decade, a big jump on current levels. The export credit agency (ECA) unveiled the target in its 2024-29 business plan this week. The plan also includes pledges to enable £12.5bn of export contracts and provide £10bn of “clean ...| Global Trade Review (GTR)