Trends Transforming Trade

In the wake of Russia’s invasion of Ukraine, it is clear that the threats to the international rules-based order presented by the rise of authoritarian powers are rapidly escalating.

As part of NSW Small Business month the GTPA is holding a series of three webinars that shine the spotlight on the complexities of supply chains in 2022.

Each webinar will focus on a particular sector with often complex supply chains. We have chosen to host these events online because COVID-19 security will still be an aspect to consider in 2022.

GTR India looks forward to returning to Mumbai on May 24, 2022 for an exclusive one-day gathering. Reflecting on the latest developments across the Indian market, from trade and export policy and new supply chain opportunities, to banking and structural reforms, fintech innovation, sustainability and the role of manufacturing as a key export driver.

GTR Africa is returning to Cape Town, South Africa on March 10-11, 2022 as we once again provide a one of a kind event for the trade and export finance community.

Long recognised as the leading industry event for Sub-Saharan Africa, we’re hugely excited to bring the region’s trade, commodity and export finance community together once again for a much-anticipated return to in-person discussion and networking.

GTR MENA 2022 will return to Dubai on February 15-16, 2022 for an exclusive two-day physical gathering. This will include an extensive programme, full exhibition and that much missed opportunity for participants to network and connect with key experts, industry peers and potential clients.

The last 12 months have seen Asian trade and economies rebound following the shock of covid-19. Despite continued tensions between China and America, and climate-led disruptions to supply chains, reasons for optimism about the future of Asian trade remain.

REGISTER HERE.

The University of Adelaide's Institute for International Trade (IIT) invites you to join us for the launch of our latest research report on Strengthening African Agricultural Trade: The Case For Domestic Support Entitlement Reforms.

At the World Trade Organization’s (WTO) twelfth Ministerial Conference at the end of 2021, WTO members are again considering how best to reform domestic support (subsidies) to agriculture.

The Institute for International Trade (IIT) invites you to join leading experts on Thursday, 25 November 2021 for an interactive discussion on Future Australia-Pacific Trade Relations.

In September 2021, following the Commonwealth Joint Standing Committee on Foreign Affairs, Defence and Trade Inquiry into activating greater trade and investment between Australia and Pacific island Countries, the Trade Sub-Committee released it's report "One Region, One Family, One Future: Deepening relations with Pacific nations through trade".  Please join the Chair of the Joint Standing Committee, Senator the Hon David Fawcett, heading a distinguished panel from Australia and the Pacific for this upcoming event.

GTR US is returning to Manhattan on December 8!

Long established as the United States’ leading trade and supply chain financing conference, GTR US 2021 will once again bring together a host of trade, treasury, tech and risk management experts to explore the pressing issues impacting on US commerce, from ongoing supply chain disruption and the latest developments around decarbonization, sustainability and ESG, to the regulatory challenges facing the US trade and supply chain financing sector and the continuing drive for trade digitization and automation.

Improving our world through mindful trade

The GTPA and IIT have today launched the Trade4Climate action group and invite all allied industry associations, policy makers, businesses engaged in global trade and supply chains, the private sector and government agencies to join the initiative.

International trade has the potential to increase the capacity of countries to effectively improve the management of their environmental impacts through access to technologies. Technologies can not only increase the efficiency of local production processes, but also reduce the use of virgin natural resources and improve other environmental impacts.

The success of the ports is undeniably tied to the success of the global economy.  The Los Angeles port has experienced 49% growth since 2020, the biggest increase in nine years based on data compiled by Bloomberg.  Long Beach shipping expanded 29% during the same period, such that the two ports now account for 37% of the US market since the pandemic, more than double the share of the Port of New York and New Jersey, the closest competitor.  This makes the LA Port a particularly vulnerable factor in global supply chains.  In addition, my discussions with individuals close to ports are stating that unions are also leveraging the pressure at the ports to request rate increases, and demanding overtime pay that is higher than in the past.  Truck drivers are also rejecting more loads, especially at night, and are picking those loads that are favorable to them.  

Trade across the G7 could increase by an eye-watering US$9tn in the next five years if the industry reaches full digitalisation, according to a new report by the International Chamber of Commerce (ICC).

For 12 years, GTR Asia has offered critical market insight and unparalleled expertise from industry leaders whilst also providing unrivalled networking opportunities.

Increased globalisation, constant technological advances and other competitive pressures are accelerating the pace of change that both trade policy professionals and global trading businesses face. The resulting opportunities and threats to global trade impact those working in government, industry, business as well as companies that support and facilitate trade.

GTR Commodities, the premier gathering for the global commodity financing sector, will return to Geneva on October 26, 2021.

Welcoming a host of commodity traders, financiers, innovators and policymakers, GTR Commodities will once again provide an unrivalled forum for networking and discussion on the key issues emerging during a turbulent time for the commodities market, and commodity financing in particular. Experts will reflect on themes including evolving financing priorities and banking sector appetite, new approaches to financial crime risk management, sustainable trade and financing practices, evolving regulatory challenges and the role of technology.

GTPA is pleased to be a supporting partner of the FT Africa Summit. Africa’s commitment to a continental wide free trade agreement is one of the most exciting developments in decades. As demonstrated in the Covid crisis through the interventions of such organisations as Africa CDC and the African Vaccine Acquisition Task Team, the continent has greatly improved its capacity for collective action. The free trade area is designed to boost intraregional trade, with the aim raising the value-added component of goods and services and breaking countries’ dependence on the export of raw commodities.

Global Trade Review (GTR) is delighted to announce the programme for GTR Africa 2021! Returning in an exciting hybrid format, this hugely anticipated in-person event taking place on November 3-4 will incorporate all the benefits of our unrivalled digital event platform.

Through a package of unique tailored services Investment NSW is supporting eligible businesses to export food & beverage and agri-food products to one of six new markets - China, Japan, Republic of Korea, Middle East, United Kingdom or Vietnam.

The Australian APEC Study Centre in collaboration with Australian Aid and Access Partnership, invites you to attend three online webinar sessions as part of the ASEAN-Australia Digital Trade Standards Initiative (DTS). The initiative is aimed at expanding political and economic linkages between ASEAN and Australia and strengthening ASEAN-Australia’s contribution to regional security and prosperity. It's goal is to contribute to greater awareness, understanding and implementation of priority DTS by ASEAN Member States (AMS), thereby promoting greater digital trade.

Participants may register for one session or all three via the Eventbrite registration system.

GTR UK plans to return as a physical event in 2021, offering unrivalled insights into the latest exciting developments impacting on the world of UK trade and exports, and taking place in London on October 19.

Register HERE to learn.

Wed, Sep 29, 2021 4:00 AM - 5:00 AM CEST

Following on from the virtual event held in February and as part of its combined hybrid offering for 2021, Global Trade Review is delighted to be returning to Dubai for GTR MENA 2021 on September 22 for a special in-person event, taking place at the Jumeirah Emirates Towers.

The Jean Monnet TIISA NETWORK invites submissions for the 2021 TIISA Conference & PhD Workshop

In line with the Network’s interdisciplinary character, this includes papers in the fields of law, political science, business & economics.

The Festival of Inclusive Trade is an initiative of the Global Trade Professionals Alliance and is being held online over two weeks, from 18 October 2021; all events are free to attend.

The Institute for International Trade (IIT) in partnership with the Global Trade Professionals Alliance (GTPA), Queen Mary University of London (QMUL) and Ernst & Young LLP, invite you to join leading experts for an interactive discussion on emerging trade capacity gaps for businesses.

This guide is the fourth in a five-part series on using outside firms to reduce your cybersecurity risk.

At this point in the process, you have decided to use outside support to improve your cybersecurity. We’ve provided you with guidance on the various types of service vendors and some tips on how to evaluate them.

The COVID-19 pandemic has had significant impacts on the livelihood of each and everyone. Particularly, the MSMEs have been affected by the various measures and policies implemented by governments worldwide. Lockdowns, confinement, travel restrictions, vaccination requirements have all changed the daily routine of entrepreneurs. Being a category that remains highly vulnerable to shocks, MSMEs have been definitely, and sometimes irreversibly, affected by the COVID-19 pandemic.

The WTO Chairs programmes (WCP) at the University of Mauritius (UoM) is organising a Virtual International Conference on ‘MSMEs and COVID-19: Impacts, Challenges and Opportunities’, with a Special Theme: COVID-19 and the Sustainability of Blue Entrepreneurship.

In the first 100 days of the Biden Presidency, his administration has acted in ways that indicate a significant amount of continuity in trade policy with the previous administration.

Tariffs and technology restrictions initiated by the Trump administration remain in place, as does the block on the WTO Appellate Body, while the new United States Trade Representative has highlighted a need for trade to serve workers, rather than globalized firms seeking to arbitrage labor costs. On the other hand, Biden has expressed the importance of a rules-based order and multilateralism, marking a distinct break from the unilateralist world of Trump. What then, is the likely path to be charted by Biden’s trade policy?

The APEC Inventory of Mutual Recognition Agreements for Professional Qualifications, developed for APEC economies by the Australian APEC Study Centre has been published!

The key objective of the Inventory is to enhance transparency and improve access to information about mutual recognition agreements (MRAs) in APEC for individual service providers, firms, industry and governments.

The Common Reporting Standard (CRS) is an internationally agreed standard for the automatic exchange of information (AEOI) on financial accounts. Its goal is to increase the fiscal transparency of cross-border wealth management and combat offshore tax evasion. 109 jurisdictions have exchanged information under the CRS as of 2020.

Thinking of exporting into the United Kingdom or USA? Learn how to increase your sales using e-commerce tools & techniques.

If you are reading this guide, you have likely reviewed our first guide in this series, “Should I Get Outside Support for Managing my Cybersecurity Risk?” and determined that you should indeed seek some form of outside support. Your next question might have been: What are the various choices when it comes to outside support? To answer that, please refer to our second guide in this series, “An Introduction to Outside Firms that Offer IT and Cybersecurity Support.”

The NAIDOC 2021 theme – Heal Country! – calls for all of us to continue to seek greater protections for our lands, our waters, our sacred sites and our cultural heritage from exploitation, desecration, and destruction.

As part of #NAIDOC2021 GTPA invites you to visit our Festival of Inclusive Trade from 2020 online portal and check out some of the wonderful Indigenous and Torres Straight Islander business and creative artists that were featured.

The Institute for International Trade (IIT) in partnership with the Institute of South Asian Studies (ISAS), National University of Singapore, the Confederation of Indian Industry (CII), and The Australian Industry Group(Ai Group®), invite you to join leading experts for an interactive webinar on India’s economic reforms and implications for Australia. Narendra Modi’s federal government continues to drive a program of radical economic reforms during its current second term of government. From agriculture liberalization and labour market reforms to state-sector privatization, reforms underway have implications that extend outward to India’s trading partners.

The current situation caused by the COVID-19 pandemic has profoundly changed the reality of every person around the world. Globally, people and organizations have experienced the shock of lockdown and the fear of not knowing what will happen from one day to the next.

Customs administrations worldwide have not been spared by the COVID-19 crisis. In order to determine the priorities of Customs administrations in the World Customs Organization (WCO) West and Central Africa (WCA) region in terms of capacity building during the COVID-19 crisis, the Regional Office for Capacity Building (ROCB) for the WCA region, with the support of the Investment Climate Reform (ICR) Facility, conducted a study in the third quarter of 2020 Among other things, this study concluded that there was a need to hold a series of webinars on topics deemed a priority by Customs administrations in the WCA region, including human resource management (HRM) in times of crisis.

Australia and the United Kingdom launched negotiations for a free trade agreement (FTA) on 17 June 2020. Both sides committed to an ambitious and comprehensive agreement that covers services, investment and digital trade. With an agreement-in-principle now in place, the focus turns to how to maximise the benefits of the agreement and the future of Australia-UK services trade.

When Accenture surveyed more than 700 members of the United Nations Global Compact on sustainable business practices, 96% of CEOs agreed that sustainability should be integrated into all aspects of strategy and operations. And 88% of them singled out the value chain as an area of specific importance. Yet only 54% of those CEOs affirmed that they had actually achieved value chain sustainability, while other evidence strongly suggests that their suppliers are still serious sustainability laggards. (https://www.accenture.com/au-en/insight-outlook-why-sustainable-Value-chain-is-good-business)

It is apparent that part of the problem in building sustainable value chains lies in not having recognized standards covering all aspects of sustainability to which all organisations can adhere.

Accenture, Amazon, CompTIA, GTPA, International Chamber of Commerce (ICC), Inveniam, KYG.Trade, Origin Experts, Skuchain, Thomson Reuters, and Others Lead Open Source Movement for Exchanging Attestation Message Sets. OASIS Open announced the formation of OriginBX OASIS, an international movement to advance open source product and trade data standards for facilitating digital tax and trade attestations. The OriginBX OASIS message sets will be interoperable among legacy systems and blockchain platforms.

The Cyber Readiness Institute (CRI) is excited to introduce the first comprehensive professional credential program designed to train cyber leaders in small and medium-sized businesses to help secure supply chains and reduce the risk of a cyber attack. The free Cyber Leader Certification Program teaches practical cybersecurity skills and how to influence behavior in an organization.