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Finance for Trade

image of Finance for Trade

This guide is a road map for navigating the waters that have been charted over years of accumulated expertise in trade financing. It is intended as a practical work of reference that draws on and adapts traditional and new techniques, mechanisms, instruments and in situations with the intent to stimulate trade finance practices through changes, especially in the private sector and with particular reference to the needs and concerns of small and medium-sized enterprises in developing countries and transition economies.

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Example of development bank assistance to SMEs: EBRD’s trade facilitation programme

The European Bank for Reconstruction and Development (EBRD) was established in 1991, following the collapse of communism, to aid the transition from centrally planned to market economies in Central and Eastern Europe and the Commonwealth of Independent States (CIS). Support of international trade is an important component of transition because it helps develop economic activity, creates employment and generates wealth.

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