DCW maintains a list of recently-decided court cases involving commercial letters of credit, demand guarantees, and other trade finance instruments.
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According Reuters reporting, a Sri Lankan government official has affirmed that the country has purchased two cargoes of 60,000 tonnes of coal each from the Singapore unit of Russian coal trader SUEK AG and will pay in US dollars (about USD 17 million).
The coal shipments will be the first from Russia to Sri Lanka since Russia’s invasion of Ukraine on 24 Feb.
“A letter of credit (LC) backed by the central bank has been opened. At the maturity, payment will be made by the treasury,” the official said.
We’re pleased to share the newest edition of DCW’s premium monthly content. This month’s highlights include: * Two
In addition to treatment of two ICC Draft Opinions, highlighting the first day of the next ICC Banking Commission Meeting
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