Trade finance serves as the lifeblood of the day-to-day international trade in goods and services. Due to the significant impact of the Coronavirus pandemic (COVID-19) on the world economy, concerns are growing with respect to the cost and availability of trade finance. In response to these concerns, governments are turning to their export credit agencies (ECAs)tostep-in and attempttofill the financing gaps,as they didinresponse tothe 2008-2009 financial crisis.
Trade Finance in Times of Crisis - Responses from Export Credit Agencies
Policy paper
OECD Policy Responses to Coronavirus (COVID-19)
![](/https/www.oecd.org/adobe/dynamicmedia/deliver/dm-aid--2c6a7c2c-11fb-4d02-a6a6-9a21e8da2b1e/05.png?quality=80&preferwebp=true)
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