Last Updated May 07, 2009
A new start for trade
Following months of inactivity and slowing world trade, April’s G-20 summit spurred governments, banks and multilaterals into action. A pledged US$250bn will be poured into the trade finance market over the next two years, and there are signs the announcement is already restoring confidence. However, world trade and trade finance will need more than an extra shot of liquidity to fully recover, writes Rebecca Spong.
