ICC launches DSI initiative to standardise digital trade; Sirius Minerals to be sold for £405m amid small investor rebellion, and illicit trade misinvoicing to blame for $8.8trn trade gap

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• The International Chamber of Commerce has launched the Digital Trade Standards Initiative (DSI) – a cross-industry effort to enable the standardisation of digital trade

• Sirius Minerals, the company building a £4 billion mine under the North York Moors, is to be sold for £405 million after a rebellion by irate small investors against the cut-price deal failed

• Illicit trade misinvoicing is to blame for creating a value gap of $8.8 trillion in trade between 135 developing and 36 advanced economies from 2008 to 2017, according to research by Global Financial Integrity

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