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Why Global Trade Is Ripe for Change

Recent global stresses have exposed the cracks in the worldโ€™s trade system, and some argue that it has become more destructive than beneficial. Trade is crucial, especially for developing economies. Global trade should be reviewed and revamped for the good of all through digitalization, mainstreaming green trade and greater transparency.
Steven Beck Chain Finance Program United Nations Commission On International Trade Law Mckinsey Company Digital Standards Initiative Asian Development Bank

ADB, Deutsche Bank Sign Risk Sharing Agreement to Boost Supply Chain Financing in Asia

MANILA โ€” The Asian Development Bank (ADB) and Deutsche Bank have signed a risk participation agreement to enhance access to financing for small and medium-sized enterprises (SMEs) in Asia and the Pacific. The agreement was signed between ADBโ€™s Trade
Asia Pacific Matthew Moodey Suzanne Gaboury Chain Finance Program Deutsche Bank Asian Development Bank Deutsche Bank Head Of Trade

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Nepal Bank Limited signs agreement with ADB to increase trade finance capacity

KATHMANDU, Sep 1: Nepal Bank Limited has signed an agreement with the Asian Development Bank (ADB) under ADBโ€™s Trade and Supply Chain Finance Program (ADB TSCFP). The program supports international trade and development by providing loans and guarantees to address the need for trade financing.
Krishna Adhikari Arnaud Heckmann Laxman Poudel Steven Beck Asian Development Bank Nepal Resident Mission

ADB Records $11.4 Billion in Cofinancing, Focused on Resilience Against Economic Shocks

The financing partners of the Asian Development Bank (ADB) committed $11.4 billion in cofinancing of ADB projects in 2022 to help build the resilience of developing member countries and enable them to withstand economic shocks, according to the Partnership Report 2022: Driving Growth, Boosting Resilience.
United States Sri Lanka Sri Lankans Asian Development Bank Chain Finance Program Partnership Report
Source: adb.org

ADB Approves $350 Million for Sri Lanka Economic Stabilization Program

ADB has approved a $350 million special policy-based loan to provide budget support to Sri Lanka for economic stabilization. The program is part of a broader package of financial assistance anchored by the International Monetary Fundโ€™s Extended Fund Facility for the country, which aims to stabilize the economy and lay the foundation for economic recovery and sustained growth.
Sri Lanka Masatsugu Asakawa Asian Development Bank Chain Finance Program International Monetary Fund Extended Facility International Monetary Fund
Source: adb.org

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