G20 Trade Finance Experts Group April Report 2010

The day-to-day international trade in goods and services is a vital part of a well functioning global economy. Given the large share of trade transactions involving some sort of credit, either insurance or guarantee, it is clear that trade finance provides the necessary liquidity and security to complete transactions between buyers and sellers around the globe. The financial crisis of 2008-2009 brought a worldwide shrinkage of available financing and a somewhat smaller decline… more »