Gunvor has signed its first borrowing base facility to finance emissions trading activity in the EU. The energy trader has secured a €240mn facility from four banks, including a €100mn accordion feature, covering all its working capital requirements for trading on the European Union Emissions Trading System (EU ETS), including derivative positions. MUFG and Natixis…| Global Trade Review (GTR)
The US-UK 'trade deal' falls short of an actual trade agreement and does not offer tariff exemptions, but could be a blueprint.| Global Trade Review (GTR)
The EC is considering major changes to the CBAM, including postponing the purchase of certificates and raising the exemption threshold.| Global Trade Review (GTR)
The UK and India have signed a trade deal three years in the making in a move praised by trade banks for broadening opportunities during a period of global trade uncertainty. It is the largest deal the UK has signed since leaving the EU, according to UK officials, and is expected to increase bilateral trade…| Global Trade Review (GTR)
