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Aid-for-Trade Stocktaking Event to examine impact of COVID-19 on developing countries.
The ICC is hosting a session to discussion how Trade Finance can be a relevant force to tackle the global pandemic.
Trade finance is a vital lifeline for many small businesses and underpins over 80% of global trade.
However, there is increasing evidence that the supply of trade credit to SMEs and emerging markets is at significant risk of retrenching in response to growing corporate, sovereign and currency risks. Interventions are therefore urgently needed to safeguard the supply of this essential form of finance to the real economy—and, by extension, mitigate the risk of a widespread SME solvency crisis unfolding in the coming months.
This session will explore:
• Current and emerging risks to the trade finance market
• New and existing initiatives from international institutions and multilateral development banks to safeguard the supply of trade finance
• Opportunities for embedding resilience into the trade finance ecosystem in the COVID-19 rebuild and recovery
|Counsellor, Trade Finance and Coherence, World Trade Organization|
|Steven Beck||Head of Trade and Supply Chain Finance, Asian Development Bank|
|Amy Jadesimi||CEO of Lagos Deep Offshore Logistics Base (LADOL) and ICC AFT Member|
|Nathalie Louat||Director, Global Trade and Supply Chain, the International Financial Corporation|
|Rudolf Putz||Head of Trade Facilitation Program, European Bank for Reconstruction and Development|
|Andrew Wilson||Global Policy Director and Permanent Observer to the United Nations, International Chamber of Commerce|
23 March 2021: Webinar Trade Finance to Power the Global Recovery
Photos and audiovisual recordings taken at this meeting may be used and published by the ICC, its subsidiaries or affiliates, for informational or promotional purposes in printed materials or online, including on ICC websites and in social media.
|Registration||Free of Charge
Registration deadline: Tuesday 22 March, 2021
For further information, please contact:
Assistant Finance for Development, Banking Commission
Tel. (+33) 1 49 53 28 57