trade financing and insurance

Trade financing refers to the financial support provided to businesses involved in international trade to ease the process and mitigate risks. It helps companies secure funds to facilitate importing or exporting goods, such as through loans, credit lines, or guarantees. Trade insurance, on the other hand, is a type of coverage that safeguards businesses against potential financial losses resulting from certain risks associated with international trade. It provides protection from events like non-payment by buyers, goods damage during transit, political instability, or currency fluctuations.

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