Trade finance still a worry despite recovery

Trade finance, vital to keep the wheels of international trade turning, remains a concern for poor countries in Africa and other regions, even as global commerce rebounds in the recovery, trade finance sources said.

Practitioners in the $10-trillion market are now talking to regulators to ensure that efforts to stop banks hiding toxic assets do not make it harder and costlier to extend trade finance, traditionally one of the safest forms of credit.

The World Trade Organisation will host a meeting of trade finance bankers, international financial institutions and regulators on May 18 (today) to monitor the state of the market ahead of the G20 summit in Toronto next month.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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