TPP: A treasure trove for trade financiers
Earlier this month, one of the largest multinational trade-liberalisation agreements in history, the Trans-Pacific Partnership (TPP), was signed by its 12 member states in Auckland, New Zealand. Its advocates believe the TPP will support jobs, drive sustainable growth and foster inclusive development; its critics claim it will benefit big business at the expense of workers. Either way, one party sure to gain from the agreement is the trade finance market.
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