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According to UNCTAD’s Global Trade Update, the value of world merchandise trade expanded by approximately $250 billion in Q1 2025, continuing a modest upward trajectory that began in late 2023.
As the newly announced 1 August deadline for Trump’s reciprocal tariff regime approaches, uncertainty looms for global trade. While some major economies have secured partial deals, many emerging markets face escalating tariffs with little recourse.
Mongolia’s Golomt Bank restored vital USD clearing via BNY in 2024, slashing costs and delays, boosting trade finance, and reconnecting to global markets.
BBVA has announced a strategic partnership with Olea, a fintech platform focused on international trade finance, aimed at expanding its global supply chain finance (SCF) capabilities. The alliance enables BBVA to deliver more agile, tailored financing solutions to corporate clients.
