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International Monetary Fund
- Fiscal Monitor, April 2021 April 7, 2021
- Fiscal Monitor April 2021 April 1, 2021
- Fiscal Monitor Update, January 2021 January 20, 2021
- Fiscal Monitor: Policies for the Recovery October 14, 2020
World Trade Organization — Latest news
- Morocco appeals panel report regarding duties on school books from Tunisia August 4, 2021Morocco has notified the Dispute Settlement Body of its decision to appeal the panel report in the case brought by Tunisia in “Morocco — Definitive Anti-Dumping Measures on School Exercise Books from Tunisia” (DS578). The appeal was circulated to WTO members on 4 August. WTO
- STDF Annual Report highlights efforts to boost SPS capacity despite pandemic challenges August 2, 2021The latest annual report from the Standards and Trade Development Facility (STDF), launched on 2 August, highlights the continued efforts by developing and least developed countries to strengthening their food safety, animal and plant health capacity despite the challenges posed by the COVID-19 pandemic. WTO
- IMF, World Bank, WHO, WTO launch joint vaccine information website July 30, 2021The heads of the International Monetary Fund, World Bank Group, World Health Organization and World Trade Organization launched a new website on 30 July which will serve as a platform for information on access to COVID-19 vaccines, therapeutics and diagnostics and on the activities of the organizations in tackling the pandemic. WTO
- WTO issues 2021 edition of flagship statistical publication July 30, 2021The WTO issued today (30 July) the latest edition of its annual publication on international trade statistics, the “World Trade Statistical Review”. 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 […]