Recently Decided Cases
DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
One of the world’s largest importers of wheat, Egypt is facing substantially higher costs for the product for which Russia and Ukraine have been its primary suppliers.
Bankers also have reported that shortages of dollars have led to blockages at Egyptian ports due to importers’ inability to secure needed foreign currency for LCs to gain clearance of goods.
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