Event Info International trade is at the heart of the global economy and is responsible for much of the development and prosperity of the modern industrialized world. Global trade in goods is c.US$18trillion and the growth in global trade over the last 20 years has outstripped the world GDP. Singapore is home to most of the world’s largest commodity trading companies and is the global and Asian hub for many commodities products across the three key clusters of Energy & Chemicals, Metals & Minerals, and Agri-commodities. Singapore’s total offshore trade turnover of c.US$1.4trillion is about 7% of total value of global trade in goods.
Given the importance of trade to the Singapore ecosystem, a basic understanding of how global trade is conducted is required for all professionals. The session will cover the following fundamentals of trade finance: I. Overview of International Trade II. Risks associated with International Trade III. Documents used in Trade IV. Payment Methods V. International Commercial Terms (Incoterms)
Speaker Background Vivek Gupta – Product Development, Tin Hill Capital Vivek has over 20 years of experience in trade finance having held leadership roles in various global banks in the region. He was most recently the Head of Trade and Working Capital for Barclays Bank, India and prior to that he was the Trade & Supply Chain Sales Head for HSBC Singapore and the Trade Head for JP Morgan India and Deutsche Bank, Indonesia. Vivek holds a Bachelor of Engineering (Electronics & Communications) from Birla Institute of Technology, India and a MBA from Indian Institute of Management, Bangalore, India. Registration for this event has closed. |