Timeline
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The APAC State of Open Banking and Open Finance (2025): Landscape, Progress, and Regional Insights
The 2025 report titled “The APAC State of Open Banking and Open Finance”, jointly developed by the Cambridge Centre for Alternative Finance (CCAF) and the Asian Development Bank Institute (ADBI), offers a detailed and comprehensive assessment of how Open Banking and Open Finance (OBOF) are evolving across the Asia-Pacific (APAC) region. Building upon insights from… Read more
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Building Europe’s Digital Trade Future: DigitalTrade4.EU’s Vision for eFTI and Beyond
The DigitalTrade4.EU consortium has issued a comprehensive proposal aimed at shaping the future of digital trade in Europe. At the core of its recommendations is the belief that a fully digital, interoperable, and secure Single Market is not only essential for economic growth but also critical for Europe’s defence resilience and sustainability goals. The eFTI… Read more
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EU Businesses Scramble to Recalibrate Supply Chains Amid Global Trade Turmoil
Brussels, June 27, 2025 – Faced with rising global trade tensions and escalating geopolitical uncertainty, European Union businesses are scrambling to adapt their supply chains, according to a new report from the European Investment Bank (EIB) released today. The report, “Shock Waves from Turbulent Times: How EU Businesses Recalibrate Supply Chains,” reveals that EU companies… Read more
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The UK’s Trade Strategy 2025: A Blueprint for Resilient Growth in a Changing World
In June 2025, the UK government unveiled its new Trade Strategy, a comprehensive plan to steer the nation through an increasingly turbulent global trading environment. In an era defined by geopolitical realignments, rising protectionism, and rapid technological change, this strategy marks a decisive shift toward a more agile, resilient, and pragmatic approach to international trade.… Read more
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EU International Digital Strategy: Summary and Recommendations for Businesses and Governments
On 5 June 2025, the European Commission and the EU High Representative unveiled a new International Digital Strategy – a joint vision guiding the EU’s external digital policy. This strategy positions the EU as a stable and reliable partner, open to digital cooperation in a challenging geopolitical landscape. It aims to boost the EU’s competitiveness… Read more
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Navigating the Legal Landscape of Distributed Ledger Technology in Trade: A UNCITRAL Perspective
The United Nations Commission on International Trade Law (UNCITRAL) has prepared a draft guidance document addressing the legal issues surrounding the use of distributed ledger technology (DLT) in international trade. This document, developed through several sessions of UNCITRAL, aims to provide commercial operators with a comprehensive overview of the legal considerations when implementing DLT in… Read more
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T20 South Africa’s High-Level Recommendations to the G20: A Blueprint for Global Transformation
The T20 South Africa, acting as the official think tank engagement group of the G20, has released its High-Level Recommendations Communiqué ahead of the G20 Summit hosted by South Africa. This comprehensive document outlines critical policy directions aimed at tackling pressing global challenges, with a strong emphasis on amplifying the voices of Africa and the… Read more
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Europe’s Single Market Strategy: Building a Simple, Seamless, and Strong Economic Home in an Uncertain World
In a time of growing geopolitical tensions, economic uncertainty, and global competition, the European Single Market remains one of the EU’s greatest achievements and most powerful tools for ensuring prosperity, stability, and resilience. With an impressive €18 trillion GDP, representing nearly 18% of the global economy, the Single Market serves as the backbone of Europe’s… Read more
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Dutch Government Introduces MLETR-Lite Digital Trade Bill to Recognise Electronic Bills of Lading
In a significant move towards the digitalisation of trade, the Dutch government has introduced a draft bill in the lower house of parliament to grant electronic bills of lading (eBLs) the same legal status as their paper counterparts. This initiative positions the Netherlands as the fourth European country—following France, Germany, and the UK—to formally recognise… Read more
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APEC Trade Ministers Conclude 2025 Meeting with Key Commitments
The 2025 APEC Ministers Responsible for Trade Meeting concluded in Jeju, Republic of Korea, on May 16, 2025, with a joint statement outlining significant decisions aimed at fostering regional economic resilience and cooperation. Key Decisions: These decisions reflect APEC’s commitment to addressing contemporary trade issues, fostering new ideas, facilitating economic growth, and building momentum toward… Read more