Trade Finance Services 🌐 Unlock Global Trade Opportunities! 🌐 Emerio Banque provides specialized trade finance solutions to help exporters and importers. 💼 Letters of Credit (LCs) - Secure transactions 💰 Export & Import Financing - Optimize cash flow 🔒 Bank Guarantees - Strengthen contracts With Emerio Banque, experience frictionless international trade. We provide specialized trade finance solutions to help importers and exporters around the world. Secure payments are made possible by using irreversible Letters of Credit (LCs) to protect transactions. Improve cash flow by bridging payment gaps and quickening your trade cycle with export and import financing. Build trust with your partners by strengthening contractual responsibilities with our dependable Bank Guarantees. Don't let money problems stop you. To learn how our trade finance services can improve your international business endeavors, get in touch with us right now at tradefinance@emeriobanque.com. Trade Finance Experts You Can Trust. 💼 https://www.emeriobanque.com/trade-finance-services #TradeFinanceServices #GlobalTrade #LettersofCredit #BankGuarantees #TradeFinanceExperts

The Indian government has implemented several policies and initiatives to support the basmati rice export industry. These include subsidies for farmers, export incentives, and the establishment of a dedicated body, the Agricultural and Processed Food Products Export Development Authority (APEDA), to promote and regulate the export of agricultural products, including basmati rice. https://profile.hatena.ne.jp/ajyglobaltrade/

ICC UK Introduces Initiative To Cope Duplicate Finance Fraud Recently, the ICC United Kingdom has reported launching a new drive to enhance the UK finance industry against the adverse effects of duplicate financing fraud. The Centre for Digital Trade and Innovation (C4DTI)operated initiative will use ICC United Kingdom’s convening abilities to convey this leading project under the C4DTI’s “Shutting Fraudsters out of Trade” workstream in association with MonetaGo. Duplicate Financing is defined as a fraudulent act where fraudsters avail multiple funds for the same transaction several times. In the present scenario, a fraudster can visit various banks and get the same transaction financed, without letting the other banks know or having them cross-check with the same. Guidelines related to confidentiality inhibit the banks from disclosing or sharing information on deals they have financed with other banks, creating a hopeless situation that fraudsters take advantage of to get funds for the same transaction multiple times. Read more: https://www.emeriobanque.com/news/icc-uk-introduces-initiative-to-cope-duplicate-finance #DigitalTradeandInnovation #UKfinance #ICCUnitedKingdom #financialservicesglobally #globaltradefinance

How Investment in Trade Finance Can Help SMEs Thrive? A healthy trading system depends on the availability of finance. Up to 80% of current Global Trade Finance is backed by credit insurance or other financing. However, there are sizable gaps in the available resources, making it difficult for many businesses to access the necessary financial tools. With sufficient trade finance, businesses can have the resources they need to trade and grow, taking advantage of opportunities for development and expansion. Small and medium-sized businesses (SMEs) need help finding financing with favourable terms. This is especially concerning because SMEs constitute a significant force in trade, employment, and economic growth. According to research, SMEs encounter these obstacles in developed and developing nations, but the difficulties are most significant in lower-income countries. Trade digitalization has no definition, but it typically entails the digital twining of supply chains, the dematerialization of documents, and the digital data exchange. It means adding an electronic or computerized layer to business processes. A key distinction in the new reality is that digitalization also refers to using digital channels to assist SMEs in creating value. By doing away with paper-based transactions, SMEs can increase productivity and transparency while avoiding delays brought on by physical documents getting misplaced or destroyed along the way. Read more: https://www.emeriobanque.com/blogs/how-investment-in-trade-finance-can-help-smes-thrive #GlobalTradeFinance #tradefinance #supplychains #SMEs #TradeFinanceServices #Letterofcredit #Tradefinanceinstruments

All You Need To Know About Trade Finance Gap: Find Effects on SMEs The pandemic has hurt trade and highlighted a requirement to make productive changes in trade finance service to bridge the gap in the number of those who need it and those receiving it. Recently, the USD 1.5 trade finance gap was reported by the Asian Development Bank in 2019 during the Covid pandemic. Besides this, the Manila-based multilateral institution’s latest Trade Finance Gaps, Growth, and Jobs Survey, included 79 banks from 43 countries and 469 firms from 72 nations. Its findings reveal the extent to which this trade finance gap is disrupting the full utilization of trade to facilitate growth, employment, and poverty reduction during the sudden outbreak of the global pandemic. All this data efficiently demonstrates the lack of accessibility of global trade finance instruments and the disproportionate impact of a lack of funds on emerging markets businesses, especially SMEs (small- and medium-sized enterprises). However, what trade finance gap exactly, why does it matter, and how can it be decreased or controlled? What is the Trade Finance Gap? The trade finance gap is the difference between the trade finance requests made by businesses around the world to empower sales of their goods & services and the actual amount of financial assistance that banks are willing to grant or able to provide. In other words, it is the difference between the supply & demand of trade finance services. Read more: https://www.emeriobanque.com/blogs/trade-finance-gap-and-its-effects-on-smes #internationaltradefinanceservices #AsianDevelopmentBank #globaltradefinanceinstruments #internationaltradefinanceinstruments #tradefinanceservice #SMEs

Advantages and Disadvantages of Letter of Credit in Global Trade A letter of credit provides a financial backdrop to both the buyers/importers and overseas suppliers ie. sellers/exporters in cross-border trade transactions by ensuring that the payment will be made on time. Before using an international letter of credit, it is important to consider its advantages and disadvantages. Let’s find it in detail: What is a Letter of Credit? A letter of credit is a legal document issued by a bank or a private institution guaranteeing that a buyer will pay the seller on time and for the correct amount of goods & services ordered. In the event, that the buyer defaults or is unable to pay, the issuing bank will compensate the full or remaining amount to the seller. It is one of the most & frequently used global trade finance instruments in cross-border trade transactions used by sellers and buyers to avoid payment failure while importing and exporting. It is a highly customizable and effective form that can reduce credit risks. Let’s see how it works. Read more: https://www.emeriobanque.com/blogs/advantages-and-disadvantages-of-letter-of-credit #internationalletterofcreditservices #globaltradefinanceinstruments #letterofcreditserviceproviders #standbyletterofcredit #AdvantagesofLetterofCredit #DisadvantagesofLetterofCredit

Global Trade Management Market Report 2022 As per the latest report, the global trade management market size is expected to demonstrate a shift to USD 1.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.0% from 2021 to 2026. The major factors which are gearing up the trade management market include a surged volume of international trade, rising trend of digitization, legal guidelines, and compliances, to fuel the development of the trade management market worldwide during the forecast period. Services To Develop At A Higher CAGR During The Forecast Period Trade management services are essential to ensure the appropriate incorporation of trade management solutions with the complex network infrastructure established in an organization. Trade management services make sure that various trade solutions execute smoothly over a period by closely monitoring, maintaining, and improving the vital aspects of trade management solutions. It also boosts the international supply chain by automating and organizing trade processes, managing control costs, decreasing the probabilities of penalties and fines, and clearing customs quicker. The determining services for this report include counseling, execution and integration and support as well as maintenance. Read more: https://ngulminthanglhangh.wixsite.com/ngulminthanglhanghal/post/global-trade-management-market-report-2022 #GlobalTradeManagement #internationaltrade #DigitalizationandIncreasing #supplychain #Ngulminthang #NgulminthangLhanghal

Ecobank Was Announced ‘Best Trade Finance Bank In West Africa’ By GTR According to the latest news, Ecobank, the leading Pan-African Banking Group, has been named the “Best Trade Finance Bank in West Africa” at the renowned Global Trade Review’s Leaders in Trade awards. The award comes as an acknowledgment of Ecobank’s contribution to domestic and territorial supply chain financing across key trade areas as well as the bank’s management roles and cooperation in essential soft commodities campaign financing across West Africa, especially covering cotton, cacao, soya beans, and cashew nuts. Earlier, African Development Bank honored with best multilateral financial institution 2021. Ecobank’s contributions are fueled by our best-in-class E-trade module under the Omni Plus platform. The products are designed in such a way to aid both our Corporate and Investment Banking & SME customers in utilizing African Continental Free Trade Area's opportunities and emerging intra-African trade. The judges also perceived Ecobank’s Trade services solutions, which empowered banks to cover significant market share on Letters of Credit across the area, facilitating its Paris-based affiliate, Ecobank International, for affirmations, payments, and discounts. Souleymane Diagne, Group Head, Trade Finance, Ecobank explained, “As a Pan-African bank with the greatest domination across the territory, a major goal of Ecobank is to become the preferred trade bank for SMEs and corporates across Africa. We are focused on empowering them to make the most of the great growth scopes delivered by the game-changing African Continental Free Trade Area. The acknowledgment from Global Trade Reviews acts as a recognition of the difference that we are making through our group of trade products & services that include Structured Trade and Commodity Finance, trade services, and supply chain finance. For our clients & associates in West Africa and throughout sub-Saharan Africa, we are set out to continue facilitating value through our trade and multi-currency payments solutions, utilizing our African expertise and our network’s benefit.” Read more: https://www.emeriobanque.com/news/ecobank-announced-best-trade-finance-bank-in-west-africa-by-gtr #supplychainfinancing #Tradeservicessolutions #Ecobank #GlobalTrade #digitaltrade

Grow a Print Reseller Network for your Wholesales Print Business This blog will explain how you can set up your reseller network, what you can do for your resellers, and what they will expect from you. Read full blog here: https://www.globaltrademag.com/grow-a-print-reseller-network-for-your-wholesales-print-business/

Contour’s Decentralized Network Digitizing Letters of Credit in Global Trade “The $18 trillion-plus international trade market is one of those last industries that are resistant to digital transformation in the financial & banking operations. For example, Letters of Credit are issued in physical form to date which is a time-consuming process that takes weeks to get issued. Contour, in this regard, digitizes LC through its decentralized network that operates on distributed ledger technology, cutting back time & costs while assuring that all the parties stay in sync. This way, Contour is genuinely transforming global trade and making it more efficient, bringing up more opportunities for attracting businesses in different corners of the world.” Globalization relies on banks and corporations adapting digital advancements to transform the trade finance sector. Eliminating structural and financial constraints on global trade attracts more businesses to invest and build a strengthened, interconnected global economy. International transactions between importers-exporters are more complex than face-to-face exchanges due to distance, and national borders. On one hand, importers want to receive goods even before paying for them while on other hand, exporters want payment surety in full before delivering goods. Not even instant payments can ensure global trades on those terms. Read more: https://www.emeriobanque.com/news/contour-digitizing-letters-of-credit-in-global-trade #tradefinance #internationaltrademarket #LettersofCredit #globaltrade #tradefinance #Contour #DLT