GTR News Brief Episode 3

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

A collection of industry associations, including ITFA, are warning against a disproportionate focus on ECA guarantees and whole turnover insurers in the wake of Covid-19. 

In other news, more than half of UK businesses are considering selling to new markets in response to the Covid-19 pandemic, new research suggests.

Meanwhile, the ICC has calculated that as much as US$5tn of trade credit market capacity will be needed to return trade volumes back to 2019 levels.

Senior reporter John Basquill also provides analysis on a major story from last week.

He explains why banks are being urged not to withdraw financing for Singapore's beleaguered commodities trade sector, despite a string of high-profile company collapses and allegations of fraud. 

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