Tag: trade

Pakistan’s corridor to growth: Commerzbank’s Alexander Mondorf writes for BRINK Asia

Thanks in no small part to Chinese investment, things may be looking up for Pakistan’s economy. The feature from Alexander Mondorf, Regional Head Indian Subcontinent & ASEAN and Country Relationship Manager, Financial Institutions at Commerzbank, outlines the importance of the China-Pakistan Economic Corridor.

Digitalising trade process can mitigate potential $77.6bn Brexit fall-out, says ICC UK Secretary General on BBC World News

How will channel tunnel border checks change when Britain leaves the EU? Speaking on BBC World News, ICC United Kingdom Secretary General Chris Southworth explains what post-Brexit changes might mean for the $150 billion – or 17 percent – of goods that head into and out of the United Kingdom’s port of Dover every year. …

Continue reading

ICC United Kingdom’s Chris Southworth tells LBC Radio that countries are better off together when it comes to trade

Last Friday, the Trump administration’s 20 percent steel and 10 percent aluminium tariffs came into effect for the EU, Canada and Mexico. Talking to leading UK talk show LBC radio’s Shelagh Fogarty, ICC United Kingdom Secretary General Chris Southworth explains that – following several protectionist measures initiated from the UK’s closet ally – the UK …

Continue reading

ICC United Kingdom’s Trade Governance Model featured in GTR

ICC United Kingdom, along with several other business, union and non-governmental organisations have put forth a new Trade Governance Model for trade negotiations post-Brexit. The framework is based on four principles: Consensus Building, Transparency, Democratic Oversight and Net Benefit for All. Speaking with GTR, Chris Southworth, ICC United Kingdom’s secretary general, acknowledges that not enough …

Continue reading

GTR names BNY Mellon “Best Correspondent Bank” for the second time in a row

BNY Mellon has been officially crowned “Best Correspondent Bank” in this year’s Global Trade Review (GTR) “Leaders in Trade” awards. The award marks the second consecutive year that the bank has won the award since the category was introduced in 2017. Receiving the award on behalf of BNY Mellon at the GTR Awards ceremony last …

Continue reading

ICC United Kingdom’s Chris Southworth talks Iran-EU trade on BBC World News

Following U.S. President Donald Trump’s decision to withdraw from the Iran nuclear deal, ICC United Kingdom’s Chris Southworth explained how European business might be affected as a result on BBC World News. In particular, Southworth elaborated on Trumps decision to impose sanctions on any nation that continues to do business with the Republic – including …

Continue reading

ICC United Kingdom’s trade governance model reported in The Times

Following the launch of ICC United Kingdom’s trade policy recommendations titled ‘A Trade Governance Model That Works for Everyone‘, the organisation’s Secretary General Chris Southworth tells The Times’ Callum Jones why a new governance model for trade policy is critical post-Brexit. Southworth stated: “Public trust in trade policy has collapsed. This governance model provides a real opportunity …

Continue reading

East Africa needs to regionalise – Commerzbank’s Christian Toben writes for African Review

Ethiopia and Kenya are doing much to bring the region closer together, according to Commerzbank’s Regional Head of Africa. Read more on page 16 of the new issue.

Blockchain-based trade shifts up a gear: Commerzbank and Audi drive progress with the Batavia platform

Commerzbank has successfully executed its first pilot transactions for corporate clients, including Audi, with Batavia – the blockchain-based trade finance platform supported by IBM and other major banks. The transactions facilitated the export to Spain of cars from Germany and textiles from Austria. The news was covered in Global Trade Review, The Blockchain, Global Banking …

Continue reading

Not just a “start-up nation” – Bank Leumi (UK)’s Michael Duval outlines Israel’s commercial potential in Global Trade Review

Michael Duval, the Bank’s Chief Business Officer, explains in a targeted article why companies are choosing Israel for their importing and exporting activity.