EU position in world trade - European Commission
world trading system has benefited from eight rounds of multilateral trade liberalization, as well as from unilateral and regional liberalization. Indeed. Financing programs that provide solutions to offset a buyer's need to extend DPO (days payable outstanding) versus a seller's needs to shorten DSO (days sales. “The global trade finance funding gap has now widened to well over $2 trillion, as the global economy still struggles to rebound from the pandemic,” said ADB's. ❻
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Why does it matter?
Negotiate the most favorable terms with your business partners. ICC Trade Register report: Global risks in trade finance.
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