The state of trade: tension, transition, and turning point. TL;DR on ICC’s Global Trade Survey
Banks remain fairly optimistic about the future of trade finance, according to ICC’s recently published annual global survey on trade finance.
In the words of ICC’s Secretary General John Denton, “The year 2020 has not unfolded as anyone would have anticipated.”
As partners of this survey, TFG heard from Alexander Malaket, Chair of the Global Survey, joining from Toronto. We’ll be dissecting the Global Survey, highlighting the key takehomes and discussing what this means for trade finance.
Read more about the Global Survey here: https://www.tradefinanceglobal.com/posts/breaking-banks-predict-up-to-30-decline-in-trade-flows-latest-icc-global-survey-on-trade-finance-shows/
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