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Stay Updated with the Latest News from the International Trade Council and Our Members

Surecomp and ICE Digital Trade cement partnership to drive electronic trade document exchange

July 26, 2023

Daisy

Toronto, Canada, 25 July 2023 – Surecomp® today announced a strategic partnership with ICE Digital Trade, formerly known as essDOCS, to drive expanded digital trade finance capabilities for corporates, banks and other financial institutions. The technical integration between the two companies allows customers using Surecomp’s collaborative trade finance hub RIVO™ to seamlessly access, consume and […]

Globalstar and Owaka safeguard 15,000 participants in record year for adventure and extreme sports events

July 19, 2023

Daisy

Highlights: Specialist tracking solutions provider Owaka has had a record-breaking year, with ever more organisers of sporting competitions and automotive rallies choosing reliable SPOT Gen4 GPS messengers and Globalstar satellites for participant tracking, communications and emergency support Owaka’s highly functional video and data platform helps race officials, as well as friends, family and sponsors, keep track of athletes’ progress […]

Philippines Introduces “Green Lanes” to Attract Foreign Direct Investments

July 13, 2023

Daisy

In a move aimed at bolstering foreign direct investments (FDI), the Philippines officially launched its “green lanes” for significant strategic investments. The initiative, intended to attract capital inflow into the country, will streamline the process for obtaining necessary documents to establish businesses within the nation, according to the Department of Trade and Industry (DTI).   […]

Implementation of the Foreign Direct Investment (FDI) Regulation in Luxembourg

July 12, 2023

Daisy

The International Trade Council hereby acknowledges the recent adoption by Luxembourg’s Chamber of Deputies of bill of law n°7885 on 13 June 2023. This bill puts into practice Regulation (EU) 2019/452, introducing a framework for screening foreign direct investments (FDI) into the EU. The law will be operative from 1 September 2023, joining Luxembourg with […]

New Zealand Prepares for EU Free Trade Agreement to Boost Seafood Sector

July 10, 2023

Daisy

New Zealand’s seafood industry is set to receive a significant boost with the signing of a free trade agreement (FTA) with the European Union on 9th July. The agreement, signed a year after the conclusion of negotiations in June 2022, is expected to eliminate most export tariffs, enhance market access, and reduce compliance requirements, fostering […]

Egypt Witnesses Growth in Foreign Direct Investment Inflow in 2022

July 8, 2023

Daisy

The International Trade Council commends Egypt’s remarkable progress in attracting foreign direct investment (FDI) in 2022. The United Nations Conference on Trade and Development (UNCTAD) recently reported that Egypt received a total of $11.4 billion in FDI, marking the highest inflow since 2017. In line with its commitment to fostering an environment conducive to international […]

United Arab Emirates Achieves Record Foreign Direct Investment Inflow; Saudi Arabia Experiences Dip

July 7, 2023

Daisy

The International Trade Council observes recent developments in the foreign direct investment (FDI) landscape in the Middle East and North Africa (MENA) region. As reported by the United Nations Conference on Trade and Development’s (UNCTAD) 2023 World Investment Report, the United Arab Emirates (UAE) has achieved a historic milestone in FDI inflow, while Saudi Arabia […]

Surecomp named a Leader in IDC MarketScape on Trade Finance Systems

July 5, 2023

Daisy

Toronto, Canada, 4 July 2023 – Surecomp® today announced that it has been placed in the Leaders Category of the IDC MarketScape: Worldwide Trade Finance Systems 2023 Vendor Assessment (doc #US49436622, 28 June 2023).   The result of a rigorous and independent evaluation of eleven trade finance vendors, the IDC MarketScape states that “Surecomp is addressing the evolution […]

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