News and Insights

ICC warns major interventions needed to backstop trade recovery, covered by the specialist press

June 5, 2020

The International Chamber of Commerce (ICC) estimates a possible US$ 5 trillion of trade credit will be needed to enable a rapid recovery from the COVID-19 crisis.  In turn,  ICC warns in a new paper that proactive government interventions will be needed to ensure the market can power an economic rebound in the wake of the COVID-19 crisis.

The news was covered by TRF News, Trade Finance Global, Fintech Finance, Trade Arabia, Gulf Industry News, GTR, TXF, Hellenic Shipping News.

TAGS: Financial Services