May 19 2023
Does the global trade industry require up to USD 500 million in working capital to maintain its flow?
In the DMCC's report released in the last year, one of the key areas of recommendation is the importance of enhanced trade finance mechanisms to facilitate trade flows globally. Rising interest rates, price volatility and trade pattern changes which contributes to the increased financial costs. With the pandemic allowing for devise of newer trade routes, consolidating the existing once, especially in concern with scarcity of bunker space.
Featuring Sanjeev Dutta, Executive Director of Commodities, DMCC. He explores the underlying intricacies required in reducing the strain on trade finance – AI assisted supply chain management, utilizing the world class logistical infrastructure of central hubs such as Dubai and more in this exclusive video interview by S&P Global Commodity Insights.
Learn how Dubai's strategic location can enable reduced carbon -intensive trade in our upcoming Middle East Petroleum & Gas Conference in Dubai, UAE on 22-23 May, 2023.