global trade

Egypt’s merchandise exports soared by 9.8 percent year-on-year in the first five months of 2024 to reach $16.55 billion, according to a top official. Exports increased every month over the period, underscoring the north African country’s…
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The global trade finance deficit increased to a record $2.5 trillion in 2022, up from $1.7 trillion in 2020, as rising interest rates, deteriorating economic forecasts, inflation, and geopolitical unpredictability limited banks’ ability to…
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The World Logistics Passport’s (WLP) operations have nearly doubled in the second year since its inception, according to reports. The initiative now encompasses over 40 countries, accounting for 47 percent of the global trade system.…
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