Promoting Trade Finance for MSMEs through Capacity Building in LAC

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In previous technical cooperations, the IDB revealed a high level of demand for trainings in trade finance for banks in LAC, internal FI staff and MSME clients. This KCP seeks to respond to those lessons learned and bridge the gap of knowledge and capacity for MSMEs, Issuing Banks and their staff. This KCP offers a holistic approach to strengthen trade finance awareness, skills and opportunities and to complement such coursework with a module explaining the added value of sustainable trade. This KCP will offer classroom and online training that focuses on the following technical aspects of trade finance in order to complement its existing TFFP support (i) raise awareness about trade finance instruments and services; (ii) disseminate information about IDB¿s TFFP, including the guarantees for Issuing Banks, Confirming Banks, importing clients and exporting clients; (iii) raise awareness about best practices and business relationship building; and (iv) promote the production of high-quality sustainable products and concrete solution for market entry.The objective is to target FIs, their employees and MSMEs, specifically small producers of sustainable products, seeking access to international trade markets and the opportunity to expand into the sustainable trade market.