The International Finance Corporation (IFC) has agreed to shoulder half the risk on up to US$1bn of HSBC’s trade assets, to help unlock lending in emerging markets. The assets will be originated by HSBC Asia and include exposures to issuing banks in 20 emerging markets in Africa, Asia, Europe, Latin America and the Middle East, ...| Global Trade Review (GTR)
The United Kingdom and European Union have struck a deal bringing the two closer on defence, trade and emissions.| Global Trade Review (GTR)
The World Bank has agreed to guarantee funding to Banco do Brasil, enabling the bank to offer up to US$700mn in trade finance to MSMEs. The Multilateral Investment Guarantee Agency (Miga), an arm of the World Bank, will provide a 95% guarantee on a three-year loan provided to Banco do Brasil by BBVA and ...| Global Trade Review (GTR)
Growing tensions between the US and China have prompted manufacturers to seek more secure supply chains closer to home. Mexico has emerged as a major beneficiary, boosting both exports to the US and imports from China, but do the numbers really add up? Isaac Hanson reports. Since 2019, the US and China have been locked ...| Global Trade Review (GTR)
Concerns are growing that a dispute over the status of multilateral development banks (MDBs) in African sovereign debt restructuring could impact the availability and pricing of trade finance on the continent. MDBs have historically served as a vital source of financing for governments in the Global South, typically providing lower rates than commercial alternatives. In ...| Global Trade Review (GTR)
Trump has paused tariffs on Canada and Mexico, but experts fear the President’s continued threats risk a breakdown in the world’s trade system.| Global Trade Review (GTR)