GTR News Brief Episode 20

Host Felix Thompson gives a breakdown of the major stories in trade and trade finance news this week.

Executives from Vitol and Trafigura have said their access to trade finance remains strong, despite bank nervousness following a string of fraud scandals in Singapore’s commodities sector.

A new government inquiry has found that the Department for International Trade and UK Export Finance are “not yet doing enough to identify and help the businesses of tomorrow to export”.

US authorities have imposed sanctions on a Singapore-based energy trader, accusing it of breaching restrictions on trade with Iran by purchasing oil worth millions of dollars.

Reporter Maddy White also explains why US banks are more exposed to the financial risks associated with the transition to a lower carbon economy than they previously thought. 

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