California Summit 2015
Growing Globally: Leveraging Trade Finance to Assist SMEs (By invitation only)
Tuesday, December 8, 2015 / 11:15 am - 12:15 pm
Proposed agreements such as the Trans-Pacific Partnership demonstrate that trade is a powerful engine for economic growth. As leading export-driven economies such as Germany and South Korea have shown, participation by firms of all sizes is needed to boost trade and exports. However, without better access to trade financing and credit for small and medium-sized enterprises, the benefit of liberalization is stunted. The issue is particularly important for California and its Asia-Pacific trading partners. This private session offers a unique opportunity for participants to gain a better understanding of the relationship between finance and trade, and how a nation's financial system can be fine-tuned to maximize the positive impact of reforms on both sides of the Pacific.