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TXF News: Global trade system comes under greater scrutiny
Published on:
December 2, 2021
The report, "Reconceiving the global trade finance ecosystem," pulls out a number of key issues: supply chain issues creating fragility, the insurmountable barriers for SMEs attempting to access funding and lack of interoperability. Christoph Gugelmann argues that the way to reboot the engine that powers global trade is to adopt and utilise new technology which enables more automation, reduced friction and less costs.