The EBRD’s Trade Facilitation Programme (TFP), the key supporter of international trade in the EBRD regions, has announced the winners of its annual TFP awards at the Bank’s 2022 Annual Meeting in Morocco.
With a record annual volume of more than €3.2 billion in 2021, the TFP supported international trade via almost 2,000 transactions.
The TFP makes it easier for local companies to import equipment, raw materials and other goods necessary for their business by supporting local banks in their provision of trade finance.
Before the awards, at the TFP Information Session, discussions focused on the need to support international trade affected by Russia’s war on Ukraine; the development of trade finance in North Africa and the Middle East; and the importance of trade for low-carbon transition.
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