INDICATORS ON ## EMERGING MARKETS & DEVELOPMENT YOU SHOULD KNOW

Trade finance, especially letters of credit, addresses this. A letter of credit, issued because of the importer's bank, guarantees payment for the exporter on presentation of shipping documents, similar to a bill of lading. This shifts the payment risk into the importer's bank, which assesses the importer's creditworthiness.Strong regulation is cru

With this spirit, ICC has developed rules for documentary dispute resolution (DOCDEX), in which events are provided with a specifically appointed panel of professionals that provide a decision within just 30 days of acquiring the required documents. The federal government is marketing using digital platforms and technology to simplify and expedite