Financial Times FT.com

Japan boosts support for trade finance programme

By Alan Beattie in Washington

Published: February 14 2009 17:45 | Last updated: February 14 2009 17:45

Japan has boosted support for a World Bank programme to support trade finance and finalised an agreement to lend $100bn to the International Monetary Fund to combat the global financial crisis.

Tokyo’s $1bn commitment to easing trade finance – in partnership with the International Finance Corporation, the private-sector arm of the World Bank, and the Asian Development Bank - comes in the face of a widespread global shortage of trade credit lines.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this