DDG Wolff: More institutional cooperation is needed to address shortages of trade finance

Speaking to the Expert Group on Trade Finance at the WTO on 28 February, Deputy Director-General Alan Wolff called on the trade finance community to build on the significant progress in recent years in reducing trade finance gaps in developing countries. He highlighted Director-General Roberto Azevêdo’s initiative to increase the availability of trade finance for small and medium-sized enterprises and urged participants to continue developing ways to address shortages of trade finance. This is what he said:

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