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TFG Weekly Trade Briefing, 23rd January 2023

Estimated reading time: 3 minutes

Your Monday morning coffee briefing from TFG:

  • Shifting the mindset towards innovation in ports
  • Surecomp looks to 2023: Delivering on the promises of trade digitisation
  • PODCAST | The fight against economic crime in the UK: an inside look at the Economic Crime Transparency and Enforcement Act
  • CBI and Finastra research reveals that UK SMEs face significant barriers to international trade
  • Lloyds Bank research shows positive social changes drive UK SMEs towards Net Zero goals
  • UK and Thailand work to standardise trade digitisation adoption
  • EU and partner countries join forces to promote sustainable trade
  • Global trade growth to lag behind GDP for the first time in 25 years, while familiar trade patterns will see massive shifts

Shifting the mindset towards innovation in ports

Change is part of the modern world and innovation is one of the key drivers for change. The prevailing question is: are the ports in the right mindset towards innovation? Read more →

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Surecomp looks to 2023: Delivering on the promises of trade digitisation

As we move into 2023, it will be crucial for solution providers to adapt and collaborate in order to seize the opportunities presented by digitisation for game-changing value creation. Read more →

PODCAST | The fight against economic crime in the UK: an inside look at the Economic Crime Transparency and Enforcement Act

Taking a step in this direction, the UK legislature has enacted legislation to prevent economic crime. Trade Finance Global (TFG) spoke with Susan Hawley, executive director of Spotlight on Corruption. Read more →

CBI and Finastra research reveals that UK SMEs face significant barriers to international trade

Research from the CBI and Finastra, canvassing the opinions of UK small and medium-sized businesses (SMEs), suggests that there’s a gap between the ambition of firms to trade internationally and the reality of doing so. Read more →

Lloyds Bank research shows positive social changes drive UK SMEs towards Net Zero goals

UK small and medium-sized businesses (SMEs) seeking to make changes to achieve Net Zero are as motivated by purpose-driven, or social impact, factors as by commercial considerations, according to research from Lloyds Bank. Read more →

UK and Thailand work to standardise trade digitisation adoption

The UK Centre for Digital Trade and Innovation (C4DTI) and Electronic Transaction Development Agency (ETDA) launched a new partnership project, funded by the Foreign and Commonwealth Development Office. Read more →

EU and partner countries join forces to promote sustainable trade

The European Commission, EU Member States, and 26 partner countries will launch “The Coalition of Trade Ministers on Climate”, the first Ministerial-level global forum dedicated to trade and climate and sustainable development issues. Read more →

Global trade growth to lag behind GDP for the first time in 25 years, while familiar trade patterns will see massive shifts

The Ukraine conflict has replaced the pandemic as the leading strain on global trade. For the first time in 25 years, global trade in the coming decade will grow at a slower rate than gross domestic product (GDP). Read more →

Go to the Source – TFG Weekly Trade Briefing, 23rd January 2023