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Crisis response under the EBRD’s TFP
19 May 2010
By Rudolf Putz, head of Trade Facilitation Programme, EBRD.
Read more:
EBRD TFP
EBRD trade facilitation
crisis response CEE
Russia trade crisis response
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The EBRD's trade faciliation programme team |
The EBRD’s Trade Facilitation Programme (TFP) aims to promote foreign trade to, from and within South-Eastern Europe and the Commonwealth of Independent States (CIS) - the EBRD countries of operations.
Through the programme, the EBRD provides guarantees to international confirming banks, taking the political and commercial payment risk of international trade transactions undertaken by banks in the countries of operations (the issuing banks). The programme can guarantee any genuine trade transaction to, from and within the countries of operations. 114 issuing banks in 21 countries of EBRD’s operation currently participate in the programme with limits exceeding a2 billion. In addition, more than 700 confirming banks throughout the world have joined the TFP, including 128 banks...
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