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SMBC joins Contour trade finance network 4 hours ago
Source: Contour Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has become the latest institution to join Contour’s global network of banks, corporates and ecosystem partners working together to transform trade finance.
Having been a member of Contour’s beta network since last year, transitioning to the full production network signals SMBC’s commitment to digitising trade finance. In doing so, SMBC will be able to provide its customers with a fully digital end-to-end Letter of Credit (LC) settlement process, vastly improving cost and time-saving benefits.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / May 20, 2021 / Commerce Resources Corp. (TSXV:CCE)(FSE:D7H0) (the "Company"
Projects save taxpayer dollars by retrofitting schools, hospitals and municipal facilities and upgrading heating, cooling and lighting systems to reduce energy
Anna Andreeva, Senior Analyst & Managing Director covering the Consumer E-Commerce Sector, Interviews Yaniv Sarig, Co-Founder & CEO, and Arturo.
EU Won t Proceed With Chinese Trade Deal Unless China Lifts Sanctions
On 5/20/21 at 2:12 PM EDT
The European Union will not proceed with a trade deal with China unless the country lifts its sanctions on EU legislators, the European Parliament said Thursday.
The EU s ratification of the multibillion-dollar investment deal with China will likely be delayed. Chinese sanctions on EU legislators were placed after the EU, Britain, Canada and the U.S. coordinated sanctions against Chinese officials amid concerns about human rights abuses in the Xinjiang region.
China s EU sanctions are an attack on fundamental freedoms, the parliament said, adding that it is urging Chinese authorities to lift these wholly unjustified restrictive measures. The EU wants the investment deal to solve a trade imbalance and allow for European companies in China to compete fairly with Chinese ones. Dutch Foreign Trade Minister Sigrid Kaag said the imbalance will be tackled but expressed worry over human