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Latin America leads the way in the GTFP
16 February 2010
Market comment: Antonio Alves, senior regional head of trade finance, Latin America and Caribbean region, IFC.
Read more:
[IFC GTFP]
[Latin America GTFP]
[Antonio Alves]
[IFC trade facilitation]
[trade finance guarantee]
[crisis response]
Latin America is now the most active region for the IFC Global Trade Facilitation Programme (GTFP). In the early years of the scheme the region accounted for approximately 15%-20% of the programme’s total, with Africa coming out on top with 40% of the total business volume. This situation has now been reversed with Latin America accounting for 40% and sub-Saharan Africa and MENA each at 17%.
Since its launch the...
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