To level the playing field in Asia and the Pacific, women-owned companies need financial backing to support their importing and exporting needs.
Mr. Beck has managed the exponential growth of ADB’s Trade Finance Program, and implemented its first supply chain finance business. Prior to joining ADB, he worked for the Canadian Imperial Bank of Commerce and was an advisor to the Canadian Minister of Finance. Mr. Beck played a key role in the start-up of the Black Sea Trade and Development Bank, and was a consultant for USAID in Southern Africa and for a start-up financial institution in Armenia. Mr. Beck is on the Advisory Board of the International Chamber of Commerce Banking Commission, and a member of the WTO Working Group for Trade Finance.
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There’s one big element missing before we can create a truly transparent, seamless and open international trading framework.
Criminals must be prevented from using the financial system but misdirected efforts to stop crime can harm small businesses and the jobs they create
While trade and finance are changing dramatically, trade finance is shifting more slowly. What does this mean for SMEs?
GLEIF will be a critically important contribution to help realize many of the current developments in fintech, and to spur more growth in cross-border trade.
Public open trading windows, smart contracts, or government-issued e-currency are just a few examples of how digitization is changing how people trade.