World Trade Organization

Some 80 to 90 per cent of world trade relies on trade finance (trade credit and insurance / guarantees), mostly of a short-term nature. The WTO is seeking to encourage the revival of the complex links and networks involved in the trade finance market in order to keep finance flowing for trade, thereby mitigating at least one reason for the shrinkage of trade flows.Marc Auboin is leading the Trade Finance activities of the WTO.