ABSTRACT
International trade has been a driver of growth, economic prosperity and development since the dawn of business and commercial activity. The international system including the system of international trade and investment requires a way forward that is grounded in a more nuanced and finessed understanding of international affairs, including business, trade and investment. International trade can generate great value and very attractive returns, but ought not to be pursued without careful consideration of, and planning for, the additional risks and complexities. Financing is fundamental to the growth and success of businesses at various stages of development. Export Credit Agencies (ECAs) were established initially in post-war Europe, with the primary mandate of facilitating and enabling export trade through financing, insurance and various forms of guarantee programs. An understanding of the strategic role of finance, and an appreciation for the financing options, mechanisms and transactions, will serve any entrepreneur, small business manager or finance executive in a large organization.
