The US export credit agency says a newly launched financing mechanism for critical mineral imports will tackle “market manipulation” by China by bolstering domestic firms’ supply chains. The Supply Chain Resiliency Initiative was unveiled by the Export-Import Bank of the United States (US Exim) on January 8 as a “bold new financing tool” available to…| Global Trade Review (GTR)
The US export credit agency has agreed to provide a US$4.7bn loan for TotalEnergies’ controversial Mozambique LNG project, reinstating its support after years of delays and amid ongoing security risks in the region. At a board meeting last week, the Export-Import Bank of the United States (US Exim) voted to amend its financing agreement for…| Global Trade Review (GTR)
Ahead of crunch talks within the OECD Arrangement, climate groups are pressuring the US, Korea and Japan to agree to a comprehensive proposal that would halt billions of dollars in fossil fuel financing each year. In recent days, over 40 environmental and social activity groups have written to members of the OECD Arrangement on Officially ...| Global Trade Review (GTR)