Global Trade Finance Gap Widens to $1.7 Trillion on Covid-19

The video discusses the critical role of trade finance in global trade and highlights the challenges faced by SMEs, particularly women-led businesses, in accessing trade finance. It identifies factors such as economic recovery concerns and regulatory requirements that contribute to banks' reluctance to lend. The widening trade finance gap is a significant concern for global economic recovery. The video suggests that digitalization, standardization, and legislation could be long-term solutions to improve access to trade finance.

What structural solutions does the text suggest for improving access to trade finance?

What role does digitalization play in enhancing trade finance access according to the ADB?