WTO highlights progress on trade finance provision
13 June 2018
WTO

Speaking at a meeting of the WTO Working Group on Trade, Debt and Finance on 8 June, director-general Roberto Azevêdo highlighted the significant progress made in improving access to trade finance, in response to the persistent gaps in provision which affect small businesses and poorer countries in particular. Azevêdo outlined progress in a number of areas, including working with partners to enhance existing trade finance facilitation programmes. In 2016, these programmes supported around $22 billion in trade transactions. In 2018 they are set to reach over $35 billion – an increase of more than 50% in just two years.

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