Latin America leads the way in the GTFP

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16 February 2010

Market comment: Antonio Alves, senior regional head of trade finance, Latin America and Caribbean region, IFC.

Latin America is now the most active region for the IFC Global Trade Facilitation Programme (GTFP). In the early years of the scheme the region accounted for approximately 15%-20% of the programme’s total, with Africa coming out on top with 40% of the total business volume. This situation has now been reversed with Latin America accounting for 40% and sub-Saharan Africa and MENA each at 17%.

Since its launch the...

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