Responding to the urgent need to address the disruptions facing the trade finance market as the world grapples with the novel coronavirus (COVID-19) pandemic, the International Chamber of Commerce (ICC) has provided holistic guidance to the market, governments and regulators through two official publications: 1)Guidance paper on the impact of COVID-19 on trade finance transactions issued subject to ICC rules and 2)ICC memo to governments and central banks on essential steps to safeguard trade finance operations.

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