The amendment, introduced on 9 August 2024 and passed on 10 March 2025, strengthens two crucial aspects: it clarifies that all contractual rights contained within a bill of lading are automatically transferred to the consignee or lawful endorsee, and confirms that, in the hands of a bona fide holder, a bill of lading is conclusive evidence that goods have been loaded.

“This amendment marks a critical milestone for catapulting India’s digital trade ecosystem, embedding legal certainty and modernisation into the heart of maritime commerce,” said Imran Khan, Executive Director of ICC India. “It sends a clear signal that India is very committed to removing the paper trapped in global trade and harmonising with global best practices, which will benefit businesses and supply chains alike.” 

This reform addresses legal certainty in shipping documentation and is a notable development in India’s progress towards digitising trade flows. The amendment complements India’s broader efforts to enable the adoption of electronic transferable records (ETRs), aligning with the UNCITRAL Model Law on Electronic Transferable Records (MLETR). According to the MLETR tracker, India has currently achieved the first stage of “MLETR Socialisation”, and is moving towards the “Political Support” stage.

In parallel, India is taking steps to encourage the use of electronic bills of lading (eBLs) in its maritime sector. The Ministry of Shipping has promoted the development of eBLs under the Electronic Port Community System (ePCS) to enhance operational efficiency and reduce paperwork.

In a regional context, India has also piloted cross-border eBL transfers with South Korea, allowing customs authorities to exchange digital documents. This sits alongside the growing adoption of technology-driven supply chain tools, such as RFID tagging and IoT-enabled container tracking, by Indian startups aiming to digitise the end-to-end logistics ecosystem.

Ketan Gaikwad, CEO of Receivables Exchange of India Ltd (RXIL), said, “This development is a step ahead towards the digitization of international trade for India and a long-awaited one, considering India has made significant progress in the supply chain financing of the local supply chain via digital TReDS and other payment mechanisms.”

“The transport & logistics space has much to gain from eBLs and UNCITRAL’s MLETR. The legislative progress achieved by India over the last decade offers an example to the world across digital payments, financing for small and medium-sized enterprises (SMEs), and digital trade,” said Andre Casterman, Board Member at ITFA.

The 2025 Bills of Lading Bill, introduced by the Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, is set to replace the 1856 Act entirely. The original bill was established at the advent of British colonial rule, and provides a legal framework for imperial benefit; the new draft bill simplifies legal language, removes colonial-era provisions, and grants the Central Government the power to issue directives supporting implementation.

Speaking at the Lok Sabha, Sarbananda Sonowal, India’s Minister of Ports, Shipping and Waterways, said, “The passing of the Bills of Lading Bill, 2025, in Parliament is a significant step in fulfilling Prime Minister Narendra Modi’s vision of modernising India’s legal framework, making it more relevant, modern, accessible, and free from colonial legacies that have long hindered our progress.”

This updated framework is expected to reduce litigation risk and simplify contract enforcement for carriers, shippers, and endorsee holders. 

The bill will now proceed to the Rajya Sabha, the upper house of India’s parliament, and is subject to Presidential assent before entering into force, and should strengthen the legal foundation in India’s journey towards trade digitalisation.

For more on digital trade and legislative reform, listen to our latest podcast on ETDA and the future of cross-border trade.

The post India modernises bill of lading law to align with global trade standards appeared first on Trade Finance Global.

The paper is responding to a convergence of crises: Russia’s war on Ukraine has upended the post-WWII European peace order, the US is reconsidering its commitments (with recent US policy signals suggesting Europe must be prepared to shoulder more of its defence burden​), and rising powers like China are challenging the rules-based order and arming rivals​.

Within this context, Europe urgently needs to strengthen its defence capabilities and resilience, which means the Bloc’s leaders must find innovative ways to finance a defence build-up, bolster the continent’s defence industrial base, and recalibrate geopolitical relationships – all without undermining fiscal stability or the broader economy.

No small task.

An €800 billion challenge

Europe’s defence ambitions require massive investment. Estimates put the additional funding need in the range of €500–800 billion, a level European states cannot simply reallocate from existing budgets or raise through conventional debt without sacrifice. High public debt levels after recent crises mean many governments are fiscally constrained, unwilling or unable to borrow large sums on the market for defence.

In short, traditional funding approaches are insufficient.

Rob Murray, former Head of Innovation at NATO and founder of the DSR Bank, said, “The DSR Bank is a strategic, credible, and market-based solution to the grave security challenges facing Europe which ensures we can defend democracy without undermining economic stability. The DSR Bank is a key weapon in the armoury of European governments who want to strengthen their defence capabilities but are held back by debt limits and fiscal constraints. It is welcome that the DSR Bank has won the support of the European Parliament.”

The new paper urges member states to support establishing a DSRB as a multilateral lending institution to provide low-interest, long-term loans for critical security priorities and effectively act as a dedicated development bank for European defence and security needs.

As a multilateral bank capitalised by its member governments, a DSRB would likely enjoy a AAA credit rating, which would allow it to issue debt and lend to governments for defence projects on very favourable terms​.

More important, however, is the notion that borrowing from such an institution would be treated as “contingent liabilities” on national balance sheets. Effectively, it is off-balance-sheet financing that does not add to a government’s official debt stock​, allowing nations to maintain fiscal discipline on paper while actually deploying fresh capital into defence.

As a result, a multilateral defence bank can dramatically increase the money available for defence without increasing the risks associated with greater national debt or the political and market backlash that might accompany a massive debt-funded military buildup.

Considering the supply chain

A key challenge in rapidly expanding defence production is ensuring that all suppliers, even those deep down the chain, have the liquidity to fulfil larger orders.

Defence supply chains are complex.

A prime contractor (say, an aerospace giant) relies on hundreds of smaller suppliers for components, materials, and services. If those tier-2 and tier-3 suppliers cannot access working capital to buy raw materials or ramp up capacity, they become bottlenecks, no matter how much money governments throw at the primes.

Currently, many smaller firms in critical defence supply chains are cash-constrained. They often face lengthy payment cycles on government contracts (where payment may come only upon delivery or milestone) and struggle to get affordable bank financing in the interim. Traditional lenders have been reluctant to support defence-sector SMEs, citing compliance burdens and reputational risk, especially when contracts are unpredictable or classified​.

This creates a dangerous vulnerability: without liquidity, smaller suppliers cannot quickly scale up production, directly limiting Europe’s capacity to arm itself in an emergency​. Thankfully, deep-tier supply chain finance may be able to help.

Rebecca Harding, CEO of the newly created Centre for Economic Security, said, “The DSRB is an attractive way for governments to increase their defence to critical national infrastructure starting with defence and security. It provides a solution that will work, via Guarantees, to get to where support is really needed – in deep tier supply chains – to make them more effective through efficient supply chain finance. We live in challenging times and this is exactly the right institutional response.”

Deep-tier supply chain finance is an innovative model that unlocks financing for lower-tier suppliers (often SMEs) by leveraging the credit strength of larger, creditworthy anchor buyers​. In practice, this means a small subcontractor can borrow against the payment approval of a major defence contractor or government, receiving immediate cash at the more favourable rates tied to the anchor’s stronger credit, pushing liquidity down the chain to where it’s needed most.

Where does a DSRB come in?

The proposed DSRB can play a catalysing role here. By providing risk guarantees or insurance to commercial banks for defence-related loans (akin to how the European Bank for Reconstruction and Development operates), the DSRB would make it much more palatable for banks to extend credit to defence suppliers​.

With a DSRB guarantee in hand, banks can finance an SME subcontractor’s purchase of, say, specialised machine tools or materials for missile production, confident that even if something goes awry (cancellation, geopolitical issues), their loan is protected.

Many private banks have indicated that they would be keen to lend to defence companies if a multilateral institution stands behind the deal​. We can expect the DSRB to issue such guarantees and perhaps work with export credit agencies to funnel capital into the defence supply chain​.

Sean Edwards, Chairman of ITFA, pointed to the statement released by ITFA, which said, “Paragraph 80 of the White Paper rightly calls for the establishment of a dedicated Defence, Security, and Resilience Bank (DSRB). This institution will not only provide vital financing for Europe’s security needs but will also employ supply chain finance techniques, particularly deep-tier finance, to reinforce the resilience of military supply chains, which are often more fragile than they appear. Ensuring liquidity at every level is critical. This represents a strategic opportunity for the trade finance community—not only to enhance security and stability in Europe but also to develop an underbanked asset class with significant potential. ITFA encourages its members to explore these opportunities.”

Investment in defence supply chains will also have positive spillover effects beyond military might. Such spending will stimulate other high-value industries, such as aerospace, electronics, cybersecurity, shipbuilding, and more. In the long run, this can lead to less reliance on foreign suppliers, more intra-European trade, and potentially export opportunities if European defence firms become more competitive globally.

But these hypothetical benefits will remain hypothetical without a seamless execution.

Money must flow to the right places quickly, which is why supply-chain financing tools and the DSRB’s agile funding are so crucial. If Europe succeeds, its defence renaissance could become a driver of economic renewal, especially in regions with defence industries.

Geopolitical shifts creating the need for strategic autonomy

For decades, Europe’s defence posture has been sheltered under the US umbrella via NATO. Now, with uncertainty about US engagement (exacerbated by the possibility of US policy retrenchment​), European leaders are seeking strategic autonomy and the ability to deter threats and act in crises with less dependence on Washington.

This is one of the reasons why the very nature of the proposed DSRB is multilateral. The bank is envisioned to include EU members and willing non-EU states (the UK is a prime candidate), leveraging London’s unique strengths in finance and defence​. Similarly, other NATO allies or partner nations (Norway, possibly Canada, etc.) might participate, pooling resources for collective security.

Geopolitically, the establishment of a defence bank and common funding tools shows that Europe is backing its strategic commitments with concrete financial power, effectively securitising its security needs. The implication is that Europe’s defence is becoming entwined with global finance.

In modern geopolitics, fiscal capacity and financial engineering can be as vital as troop counts and tanks. A credible financial commitment to collective defence can deter adversaries by showing that Europe can and will spend what it takes to prevail in a protracted conflict.

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To coincide with BAFT’s 2025 MENA Bank to Bank Forum held in Dubai, TFG’s latest magazine has launched!

2024 in trade, treasury, and payments was characterised by volatility. Geopolitical tremors destabilised supply chains, sending shockwaves across global trade networks. Investor uncertainty compounded this, resulting in currency and risk rating fluctuations across the board.

Around two billion people voted last year, and in Indonesia, Pakistan, the UK, and the US, among other countries, the results were unfavourable for the respective incumbent parties; similarly, ruling parties which were once thought invincible saw diminished support, with India, Japan, and South Africa as some examples. 

And new parties brought new policies, as some of the world’s largest economies transformed their approach to trade, treasury, and payments. 

Environmental policy revealed a strained dynamic between rich and poorer nations. The ‘finance COP’, COP29 in Azerbaijan, ostensibly demonstrated international climate commitment and better inclusion of SMEs, but geopolitical dynamics were strained by funding disagreements between rich and poor nations, with concerns about future climate action given the aforementioned anticipated political changes. 

At the UN climate talks, delegations from small island nations and least developed countries walked out of consultations, protesting that they weren’t being adequately heard in negotiations over climate finance. The developing nations are seeking $1.3 trillion in climate aid, while the current draft offers $300 billion annually by 2035. German Foreign Minister Annalena Baerbock criticised wealthy fossil fuel states for “ripping off” vulnerable nations. 

In this divide between richer and poorer nations, trade often finds itself unfairly vilified. Its role in development and poverty reduction is undeniable, yet it carries the weight of scepticism: consider, for instance, issues like trade-based money laundering (TBML), a form of crime which has recently increased sharply in prevalence. But where others see a shadow, we see light. In 2024, the Asian Development Bank’s (ADB) extraordinary TBML pilot showed what can be achieved when technology, transparency, and collaboration come together to reshape perceptions and practices.

This is what motivated us at TFG to produce a magazine focused on emerging markets as our first edition of the year. If ‘volatility’ is the prevailing characteristic of trade finance, it should be acknowledged not only that developing economies are affected adversely by macroeconomic disruption but also that, with the right support, these economies have devised revolutionary strategies to insulate themselves.

—

Our first collection of articles comes from the Southeast Asia/Asia-Pacific region. Coverage of Asia tends to be dominated by a handful of economies; China appears to have a magnetic field regarding media coverage. But this issue takes you from Malaysia to the Pacific Islands, demonstrating how developing economies in this region have understood how vital it is to empower their SMEs.

SMEs employ much higher proportions of the workforce in these economies than in more affluent ones – think of local farmers, merchants, craftsmen. These businesses are unlikely to have been exposed to trade finance solutions and mechanisms. But all year, multilateral development organisations like the ADB’s Trade and Supply Chain Finance Programme (TSCFP) have been working to improve the financial literacy of small business owners, through training programmes for women entrepreneurs and capacity-building efforts across emerging markets. Trade cannot thrive without a skilled and informed workforce, and these efforts underscore the importance of human capital in sustaining economic resilience, democratising access to trade and improving resilience against the volatility which has become granted.

Bound by the Pacific Ocean, this edition then takes you to Latin America. Home of Macchu Picchu, Christ the Redeemer, the Amazon Rainforest, and various under-discussed transformations in the remit of trade, treasury, and payments. Whether it’s the implementation of a Beneficial Ownership Registry (BOR) in Belize, in compliance with international requirements on financial transparency, or the fully automated Chancay port in Peru, the LatAm region has taken and run with ideas that have yet to leave the proposal stage in developed countries.

A similar story is true for the Central and Eastern European/Central Asian countries in this edition. We’ve seen the impact that domestic unrest in response to political instability can have on a country’s position on the national stage. Georgia was the example in this edition, but should serve as a stark warning that any country is susceptible to a discontent population. 

On the flip side, we’ve seen a surprisingly strong fintech sector in Kazakhstan, a modern approach to supply chain finance in Uzbekistan, and innovation in data use across the region. All the regions covered in this edition are drowned out by much louder neighbouring countries, but the CEE, with Russia’s continued invasion of Ukraine showing no sign of abating, tends to be the general impression the world has of the region. With this edition, we aim to counter such misconceptions. 

There is a thing or three from developing economies in these regions:

1. Bolster your SMEs, the backbone of any economy. 
2. Embrace and get ahead of digitalisation. Digitalisation has emerged as the great equaliser; technology has become the modern spell that empowers economies to rise beyond their limitations, transforming trade into an engine for equitable growth. 
3. Financial transparency is essential to reduce crime and fraud.

Derisking is the path to a more inclusive and resilient trade system. This means fostering greater transparency, strengthening compliance frameworks, and promoting partnerships between the public and private sectors. The success of ADB’s anti-trade-based money laundering (TBML) pilot exemplifies how targeted interventions can drive meaningful change, addressing both systemic risks and operational challenges. 

Without question, volatility will be a characteristic of 2025. But knowing what we now know, the question is, will we let volatility define the year? 

Across 30 countries, in the words of 25 authors from all corners of the industry, happy reading!

The post TFG launches Issue 24: What’s emerging in 2025? The emerging and developing markets edition appeared first on Trade Finance Global.

As an IPSO-regulated publication, TFG will adhere to the rigorous standards set out in the Editors’ Code, joining the majority of the UK’s newspapers, magazines, and digital news outlets under IPSO’s oversight.

This move reinforces our dedication to maintaining the highest levels of journalistic integrity and ethical reporting.

“Joining IPSO marks a significant milestone in our publication’s history,” said Deepesh Patel, Editorial Director of TFG. “Our readers deserve journalism they can trust, and IPSO regulation provides independent accountability that helps ensure we maintain the highest possible editorial standards.”

Through IPSO regulation, our readers will benefit from:

• Access to a robust and independent complaints-handling process
• The assurance that our journalism adheres to the industry-standard Editors’ Code
• Clear processes for corrections and clarifications when needed
• Protection through IPSO’s anti-harassment service

This step reflects TFG’s ongoing commitment to protecting both the public interest and press freedom, while ensuring our journalism remains a trusted source of news and information for our community.

It comes after TFG’s launch of an independent editorial board to steer our editorial content and ensure we deliver on our promises to readers.

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Bidding 2024 goodbye is the perfect opportunity to reflect on the wonderfully unpredictable world of trade, treasury, and payments. TFG have been proud and excited to stand in the middle of a whirlwind of roundtables, interviews, conferences, and community participation. Here are some of our top trends and standout moments from last year:

Top highlights of 2024

• 65,000,000 organic impressions
• 1,737,014 readers
• 144,751 average monthly readers
• 32 podcasts
• 57 videos
• 6 magazines
• 6 guides
• Relaunch of TFG’s platform

Most trending hubs and topics on TFG

1. Incoterms 2020 rules
2. Letters of credit and UCP
3. Structured finance
4. Documentary collections
5. Electronic trade documents

Top Headlines

1. UK invoice financing startup Stenn put into administration after HSBC application
2. Lloyds Bank completes its first WaveBL electronic Bill of Lading transaction
3. France joins MLETR club, recognising ‘Titre Transférable Électronique’
4. EU confirms January 2025 start for final Basel rules
5. Choosing the right Incoterm: Ex Works (EXW) vs. FCA

Top Podcasts

1. Absa on the trade finance distribution revolution and closing the $2.5tn gap
2. Using deep-tier supply chain financing’s potential to unlock capital
3. Risk management in trade finance: How a CITR certification can help
4. Year ahead: Swift CIO on balancing uneven payments regulation and advancing CBDC
5. TXF’s Jonathan Bell reflecting on 10 years in the commodity finance industry, and 10 years moving forward

Top Videos

1. 20 years and counting: What does the future hold for CDCS and documentary credits
2. Corporate and bank perspective on adopting the ETDA: Use case with Trafigura
3. SACE: increasing Italian exports, the push strategy and greening supply chains
4. What does Basel IV look like for the trade credit insurance market?
5. Andrea Tang on the future of trade documents and digitalisation

Read our full ‘2024 unwrapped’ for the full charts here.

TFG remain grateful to all our readers, viewers, listeners, followers, and subscribers. See you in 2025, for what promises to be another year of transformation, unpredictability, and inclusion in trade, treasury, and payments!

The post Trade Finance Global’s 2024 Year in Review appeared first on Trade Finance Global.

Our data team poured through the analytics of hundreds of podcasts, videos and stories published on Trade Finance Global in 2024, to bring you most loved podcasts, videos and stories of the year.

The post 2024 unwrapped: Who topped the charts for trade, treasury and payments? appeared first on Trade Finance Global.

The Emerging Africa & Asia Infrastructure Fund (EAAIF) announced a $40 million investment to support 2.3 GW of renewable energy projects in Egypt, including the Suez Wind Project and Benban and Wahat solar PV plants.

The projects, which include 720 MWh battery energy storage systems (BESS), will expand Egypt’s renewable energy capacity, which stood at 6.7 GW in 2023.

EAAIF, a private infrastructure development group company, announced yesterday a $40 million investment to support the development of 2.3 GW of renewable energy projects in Egypt. The investment will be made in a project development facility in Hassam Allam Utilities.

The investment will be used to develop the Suez 1.1 GW Wind Project, the 1.2 GW Benban and Wahat Solar photovoltaic (PV) plants and the associated 720 MWh battery energy storage systems (BESS). When completed, the projects will significantly increase Egypt’s renewable energy capacity which accounted for 6.7 GW in 2023.

The investment bolsters capital commitments from other developers and financiers to the Suez Wind Project, which is one of the largest renewable energy projects ever financed in Africa.

Dalia Wahba, CEO of Hassan Allam Investment Managers, said, “Initiatives such as the Suez Wind Project and the Benban and Wahat Solar Plants are bolstering our clean energy capabilities while contributing to global sustainability efforts.”

PV systems play an important role in Egypt due to the country’s high solar irradiation throughout the year. Increasing solar energy to the renewable energy mix could help diversify Egypt away from its reliance on fossil fuels, supporting the country’s renewable energy targets under its Sustainable Energy Strategy 2035.

Tidiane Doucoure, Director, Ninety One, the fund manager of EAAIF, said, “Our investment in Hassan Allam Utilities will support the development of multiple renewable energy projects that will significantly increase Egypt’s share of renewable energy production.”

The post EAAIF invests $40m for wind energy project in Egypt appeared first on Trade Finance Global.

6 December 2024: The ‘Exploring Receivables and Payable Finance’ conference, jointly hosted by FCI, IFC – International Finance Corporation, and the Central Bank of Uzbekistan, took place in Tashkent on Thursday 5 December.

Trade Finance Global (TFG) served as the media partner for the event, supporting knowledge sharing in the global financial community.

In Central Asia’s most populous city, industry leaders tackled the fundamentals of factoring and supply chain finance. They also discussed topics that will undoubtedly guide the industry in 2025, including regulatory frameworks and technological advancements.

Case studies provided tangible evidence as to how these financial solutions can create value. Notable speakers included:

• Çağatay Baydar, FCI Chairman, on the success story of Turkey’s factoring industry
• John Beany, Director Global Product – Global Trade & Receivables Finance, HSBC, presenting on factoring risk management.
• Monica Martin Blanco, SCF Consultant, Key Asset Consulting, offering a deep dive into supply chain finance legal and regulatory considerations.

These practical strategies for leveraging factoring and supply chain finance, were particularly relevant in the context of emerging market finance, emphasising how to drive growth and improve profitability for banks and non-bank financial institutions.

Representing a global perspective, the event was simultaneously translated into Russian and brought together experts from all corners of the world. 

The receivables and payables finance industry has been through step-by-step developments which are beginning to see fruition. This conference was timely in recapping and recognising what has been brewing over the past year, and highlighting what to look forward to in the new year.

The post TFG media partner of FCI, IFC, and the Central Bank of Uzbekistan’s receivables and payables finance appeared first on Trade Finance Global.

This is one of the most consequential US elections in history, which has been mainly determined by what’s at stake in an ideological or geopolitical domain.

But we at TFG think it’s essential to fully explore what Donald Trump’s second presidential victory may mean for the world of trade, treasury, and payments. It’s with this regard that President Trump can redefine the world.

We recorded an emergency livestream with four industry heavyweights:

◾ Dr Rebecca Harding, Independent Trade Economist, REBECCANOMICS LIMITED
◾ Dr Robert Besseling, CEO, PANGEA-RISK
◾ Simon Evenett, Professor of Geopolitics & Strategy, IMD Business School, Co-Chair, World Economic Forum Global Future Council on Trade & Investment
◾ Dr Alisa DiCaprio, Former Chief Economist, R3

What was covered:

• How Trump’s trade policy differs from Biden’s (if at all).
• US-China trade relations and economic wargaming – how increasing tariffs on 818 categories of Chinese goods impacts 2025 policy.
• How a second Trump presidency could impact trade relations between the US and Africa and the Middle East.
• What does the decline of multilateral trade agreements mean for ongoing negotiations and existing trade pacts (think: withdrawal from the Trans-Pacific Partnership and replacing NAFTA with the USMCA agreement)?
• Money markets: with US stocks surging and European renewable stocks falling, how Trump’s stance on climate change and energy policy might impact global commodity markets and trade flows.
• What we can expect Trump’s impact to be, on trade and SCF.
• What regions are likely to be singled out from a more combative trade policy, and what methods there are for assessing and monitoring as the effects of Trump become realised.
• The impact of protectionist trade on currency markets and international capital flows.

The post TFG hosts emergency broadcast: Global trade according to President Trump appeared first on Trade Finance Global.

FCI, in collaboration with EBRD and the Czech Leasing and Finance Association, will host the 15th CEE & SEE Regional Conference on Factoring from 24-25 October 2024 in Prague, Czech Republic. 

Trade Finance Global (TFG) are proud to announce that they are media partners with this conference. 

This conference concerns the latest developments in factoring and receivables finance across the region.

In his opening address, FCI Chairman Çagatay Baydar highlighted the organisation’s five-decade legacy in shaping the global factoring and supply chain finance industry. He emphasised FCI’s crucial partnerships with development banks, including EBRD, Afreximbank, IFC, and ITFC. Such collaborations promote financial inclusion within global trade finance.

Throughout, experts will explore the evolving strategies that are bridging trade finance gaps and driving liquidity and growth in the Central and South Eastern European region. The impact of recent market changes on small- and medium-sized enterprises (SMEs), on sustainability criteria, and on nearby emerging markets should attract focus.

Some panel discussions to look out for include:

‘Sustainable Finance in SME lending, new Trends in Trade Finance in Emerging Markets of CEE & SEE’
Moderator: Deepesh Patel
Panellists: Petr Luzar, Elif Nalbantoglu Çelebi, Mete Önol

Navigating New Trade Horizons: CEE’s Path to Emerging Markets
Moderator: Çagatay Baydar
Panellists: Irina Tyan, Aleksey Nikiforovich

Islamic International Factoring
Moderator: Betül Kurtulus
Panellists: Basel Al Hussein, Andrew Pierce

In the 14th century, Holy Roman Emperor Charles IV made Prague his imperial capital for its importance as a hub of culture and trade. Today, the FCI conference draws on Prague’s historical relevance to the globalised economy as industry leaders gather to discuss its future.

For more information, please visit the event website here.

The post FCI chairman opens 15th CEE & SEE Regional Conference on Factoring in Prague appeared first on Trade Finance Global.