The Global Trade Liquidity Program, launched in 2009 in response to the global financial crisis, already has received three deal-of-the-year awards from industry publications for its innovation, focus on public-private partnerships, and rapid implementation to increase credit for trade.
The program financed more than $6 billion of trade volume through 4,000 transactions in 40 countries. About 80 percent of these transactions benefited small and medium businesses. Nearly 40 percent were in lower-income countries.
Partners include Canada, China, Japan, the Netherlands, Saudi Arabia, Sweden, the United Kingdom, the African Development Bank, and the OPEC Fund for International Development.
Last Updated: 11 Nov 2010 |
