ICC Bangladesh will organize a three-day Workshop on International Trade Finance in Phnom Penh, Cambodia on 25-27 April 2018 jointly with the United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP) and Trade Training and Research Institute (TTRI), Ministry of Commerce, Government of Cambodia.
Bangladesh today is the 41st largest economy in the world with a GDP of US$270 billion growing at 7.2% per annum. This makes it one of the fastest growing economies of the world. Merchandise Export is US$40 billion while Import is US$ 43 Billion and both are growing at a healthy rate as depicted by the GDP growth.
You may be aware that the 2017 ICC Global Trade Finance Survey findings relate to the pace of digitization of trade activity which are striking, 50% of respondents see high levels of digitization achieved in less than a decade but an almost equal portion of survey participants expect the evolution to take from 10-25 years. Some 46% identify multinational and large corporates as the highest priority client segment for their trade finance business, with a quarter favouring middle market clients and less than 20% identifying Micro, Small and Medium Enterprises (MSMEs). Some 57% of respondents believe traditional trade finance will exhibit little or no growth while 22% think it will decline outright year-on-year. Cost control pressures are considered the biggest challenge facing trade finance units. These are cited by 23% of respondents, followed closely by the availability of specialist skills (21%), &limits posed by traditional technologies (18%).
Accordingly, the workshop has been designed for the trade finance officials of Bangladesh Banks, commercial banks, non-banking financial institutions, government officials, corporations, exporters, importers, investment project managers, corporate lawyers, SME entrepreneurs, freight forwarders and other international trade professionals to understand and take guard against the risks involved and how to resolve issues.
Certified Documentary Credit Specialists (CDCS), Certified Specialist in Demand Guarantees (CSDG) participants will receive 14 (Fourteen) Professional Development Unit (PDUs) for re-certification by attending this workshop and can also claim additional 2 (two) PDUs for completion of pre coursework which is confirmed at their attendance by production of a one page report on their research.
We are pleased to announce that the Workshop will be conducted by Mr. CHEA Chanto, Governor of the National Bank of Cambodia (Central Bank); Mr. Vincent O'Brien, Member of the ICC Banking Commission; Dr. Masato Abe, Economic Affairs Officer, Trade, Investment and Innovation Division of UNESCAP and Mr. Ka-Kit MAN, CEO of Capital and Credit Risk Manager (CCRM).
The registration form duly filled-in may please be send along-with fees thru’ Pay Order in favour of ICC Bangladesh addressed to the Secretary General, ICC Bangladesh, Suvastu Tower (6th Floor), 69/1, Pantha Path, Dhaka-1205 by Thursday, 12 April 2018.
The Brochure and Registration Forms are enclosed...........