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Over the last couple of years the global economy has been in turmoil, resulting in a decline in the level of global trade. Some countries, notably those in North America and Europe, have experienced periods of sustained recession. Other countries have been more fortunate, continuing to enjoy economic growth, albeit more modestly than before. These recent problems in the global economy have led most companies to refocus on managing working capital.

The treasurer's guide to trade finance takes a comprehensive look at trade finance by examining trade finance's traditional role of facilitating transactions. It then assesses how technological change is making it increasingly possible for treasurers to integrate trade and cash, providing the opportunity to unlock working capital and reduce costs. It also considers how traditional trade techniques can be used to support and finance activity along a supply chain.

This brochure is intended to support businesses who are new to the subject - or who may want to take a fresh look in this environment - by showing how traditional techniques can be used in new and imaginative ways.

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