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StanChart launches Africa-Asia trade desk in Dubai

07 May 2008

Standard Chartered has launched an Africa-Asia Business Unit, based in the Bank's Africa Regional Office in Dubai.

The trade corridors between Africa and Asia are growing rapidly. Trade between Africa and Asia exceeded $120 billion in 2007; India, Japan and Korea accounting for over $45 billion. Trade between Africa and China alone has soared to a staggering $75 billion. Standard Chartered is launching the specialist business unit in order to provide even more support and focus to clients looking to capitalise...

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