A group of development banks have pledged to expand the availability of supply chain finance (SCF) in emerging markets, and are calling on financial institutions to do more to support further growth. A communique issued by the World Trade Organization (WTO) and signed by six multilateral development banks says SCF is “essential for enabling emerging ...| Global Trade Review (GTR)
Western nations have agreed to collaborate on expanding export credit agency (ECA) backing and development finance for critical minerals, following concerns over lagging investment in long-term supply and over-reliance on China. The Minerals Security Partnership, a coalition of 14 countries including all G7 states, Australia, India and South Korea as well as the European Union, ...| Global Trade Review (GTR)