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International Chamber of Commerce

G20: leverage trade finance to safeguard SMEs and power global recovery

5 mins read

The FINANCIAL — ICC’s Advisory Group on Trade Finance has called on G20 leaders to leverage trade finance to safeguard SMEs and power global recovery. The co-chairs of a high-level advisory group to the International Chamber of Commerce (ICC) have issued an urgent call to G20 leaders to take action to avert the risk of widespread insolvencies amongst small- and medium-sized enterprises (SMEs) globally, due to the Covid-19 pandemic. In an open letter, Victor K. Fung (Chairman, Fung Group) and Marcus Wallenberg (Chair, SEB) have urged G20 leaders to make coordinated interventions to increase the availability of trade-related finance –…

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G20: leverage trade finance to safeguard SMEs and power global recovery

5 mins read

The FINANCIAL — ICC’s Advisory Group on Trade Finance has called on G20 leaders to leverage trade finance to safeguard SMEs and power global recovery. The co-chairs of a high-level advisory group to the International Chamber of Commerce (ICC) have issued an urgent call to G20 leaders to take action to avert the risk of…

ICC welcomes Japan’s net-zero commitment

2 mins read

The FINANCIAL — ICC, the institutional representative of 45 million companies – has welcomed today’s announcement by newly elected Japanese Prime Minister Yoshihide Suga, committing Japan to achieving net zero emissions by 2050. Commenting on the announcement, ICC Secretary General John W.H. Denton AO said: “I commend Prime Minister Suga for this concrete commitment to…