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The Institute of Export & International Trade (IoE&IT) has opened a £1mn voucher scheme to help British businesses access help to export. Through the International Trade Accelerator Voucher scheme, businesses receive a £1,100 voucher that they can redeem against the IoE&IT’s services, including training, consultancy, and educational services, in a move the institute says will ...
A proposed EU regulation on corporate due diligence, aimed at rooting out human rights and environmental abuses in supply chains, will make compliance efforts by the bloc’s financial institutions trickier, lawyers say. The European Commission unveiled its proposal for the new law in late February, in the wake of growing pressure over abuses such as ...
Plunging Russian oil and gas exports to the west are set to drive up demand for coal, commodity traders say, as European governments and importers prioritise energy independence from Moscow over climate transition goals. In recent weeks, the US, UK and EU have sought to halt President Vladimir Putin’s invasion of Ukraine by imposing sanctions ...
Swiss-based energy company MET Group has extended its annual revolving credit facilities (RCFs), drawing in €1.1bn from a group of commercial banks. The agreement is comprised of a short-term RCF worth roughly €960mn and a medium-term €150mn RCF, with MET Group expected to use the funding for working capital and general corporate purposes. ING serves ...
Another step has been taken towards achieving legal equivalence for electronic versions of trade documents, with the publication of draft legislation by the Law Commission of England and Wales. The draft bill is intended to enable trade documents in electronic form – such as electronic bills of lading or bills of exchange – to be ...