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International Monetary Fund
- Fiscal Monitor: How to Mitigate Climate Change September 12, 2019
- Fiscal Monitor, April 2019 : Curbing Corruption April 10, 2019
- Fiscal Monitor: Curbing Corruption April 1, 2019
- Fiscal Monitor, October 2018 : Managing Public Wealth October 10, 2018
World Trade Organization — Latest news
- Members give US green light to impose countermeasures on EU in aircraft subsidy dispute October 14, 2019WTO members agreed at a meeting of the Dispute Settlement Body (DSB) on 14 October to authorize the United States to impose countermeasures on European Union goods and services trade with the US up to a value of USD 7,496.623 million annually. The authorization was granted in line with a WTO arbitrator decision issued on […] WTO
- Online registration opens for conference to mark 30 years of Trade Policy Review Mechanism October 14, 2019Online registration is now open for a conference to be held on 27 November 2019 at the WTO to mark the 30th anniversary of the WTO’s Trade Policy Review Mechanism (TPRM). The conference will focus on the role of the TPRM in providing enhanced transparency, accountability and monitoring of the multilateral trading system. WTO
- DDG Wolff: The multilateral trading system will endure and will adapt October 14, 2019Speaking at a conference on global trade held at Chatham House, London, on 14 October, Deputy Director-General Alan Wolff said that at a time of slowing global economic growth and political uncertainty the WTO is even more essential, with its rules providing fairness and preventing discrimination. He stressed the importance of discussions aimed at strengthening […] WTO
- New book shares lessons learned from helping labour markets adjust to globalization October 11, 2019A WTO publication on policies implemented by governments to help labour markets adjust to globalization was launched at the Public Forum on 11 October. It examines case studies on labour adjustment programmes and provides an extensive review of literature on this topic to highlight how governments are working to make international trade more inclusive. WTO
Promissory Note
In international trade, Exporters and Importers often use promissory notes in combination with letter of credits especially when deferred payment terms have been granted. The promissory Note is a document within which the issuer (maker) gives an unconditional promise to […]
Bill of Exchange
The bill of exchange is a document within which one party ( the drawer) gives the order to another (the drawee) to pay unconditionally a sum of money at a given place and date, for goods or services received. By […]
Forfaiting
Forfaiting is a financing method whereby the forfaiting company purchases a payment receivable at its face value (invoice value) minus costs which are composed of a discount and a risk premium. The existence of payment receivables can be […]
When should I use a confirmed Letter of credit
A letter of credit is by nature, a tool that protects exporters from the non-payment risk. As developed in our article which details the process of a letter of credit , if you require a commitment from a confirming bank […]