News
29 May 2020

ICC warns $5trn in trade credit needed for fast COVID-19 recovery

Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

Up to $5 trillion of trade credit will be needed to enable a rapid recovery from the COVID-19 crisis, the International Chamber of Commerce estimates.The ICC warned that trade financing gaps risked hampering a global recovery – impacting the survival chances of small businesses.In a new paper,...

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