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EBRD trade facilitation reaches landmark
19 May 2010
As the EBRD celebrates ten years of the Trade Facilitation Programme (TFP), Dickon Harris looks at its continuing relevance to the market.
Read more:
EBRD trade facilitation
CEE crisis response
CIS trade finance
Click here for pictures of the winners of the EBRD TFP Awards
The EBRD’s Trade Facilitation Programme (TFP) celebrated its tenth birthday this year. The programme has become an essential part of Central and Eastern European trade flows since it was first implemented in 1999. Without the TFP’s assistance last year a significant portion of trade flows going through the CIS would simply not have happened.
“The EBRD’s Trade Facilitation Programme has proved over the years to be a very useful method of mitigation for our activities with banks in the former CIS, both as a means of mitigating the risk of existing client banks in the region and also in developing relationships with banks in new markets. It has also proved particularly useful in times of crisis, as in the recent past, in helping keep markets open,”...
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