Trade finance allows companies to mitigate the risks associated with importing or exporting goods and services, permitting world trade to flow in a predictable and secure manner. Trade finance has been a key catalyst of the expansion of international trade in the past century, and bank-intermediated transactions now represent more than a third of world trade, equal to trillions of dollars each year.
ICC issues 10-point plan to speed COVID-19 response
The economic downturn caused by the pandemic will necessitate a significant rebuild. Leadership requires not only responding to the crisis at hand, but providing a clear vision of the future.