Category: Export Finance Hub
Estimated reading time: 2 minutes Virgin Money has been accredited under UK Export Finance’s (UKEF) General Export Facility (GEF) programme, allowing more businesses to access export finance support. Samir Parkash, the interim CEO of UKEF, has today announced that Virgin Money is the latest financial institution to join the GEF. This onboarding will open up […]
Estimated reading time: 3 minutes On Tuesday, 27 June, the European Council adopted a decision on the signature of the free trade agreement (FTA) with New Zealand. The EU and New Zealand are expected to sign the agreement later on. EU-New Zealand FTA The FTA will liberalise and facilitate trade and investment, as well as […]
Monday, the European Union and New Zealand signed a free trade agreement, which is expected to increase bilateral trade by up to 30% within a decade. The government stated that New Zealand will gain up to 1.8 billion New Zealand dollars ($1.1 billion; €1 billion) in exports to the EU very year. The European Commission […]
Estimated reading time: 2 minutes In June 2023, Saudi Arabia’s trade balance achieved a surplus of approximately SAR 38 billion (around $10 billion), as reported by the General Authority for Statistics (GASTAT). The nation’s trade surplus was narrowed to SAR 29.5 billion in May 2023, marking a two-year low. This was a result of the […]
