Description
Case studies will be used to explore the risks associated with trade finance during the coronavirus (COVID-19) pandemic. As banks deal with documents in trade finance, the disruption of the supply chain in documents has caused delays in processing and payments. That, in turn, has had unintended consequences in many jurisdictions.
With the pandemic being well beyond the control of companies impacted, the possibility of force majeure as a defence to contractual obligations has received significant attention.
This webinar will concisely examine these important issues and provide guidance on steps to be taken to minimize risks and avoid potential losses.
Objectives
This webinar will provide expert insights into:
- Impact of COVID-19 on trade finance obligations;
- Analysis of force majeure within the context of ICC rules; and
- Real scenarios and specific legal cases involving COVID-19 and international trade.
Target participants
Issuing and confirming banks of the ADB Trade Finance Program
Resource speakers
Vincent O'Brien
Speaker
Member Executive Committee
ICC Banking Commission
Steve Beck
Moderator
Head
Trade and Supply Chain Finance
Asian Development Bank
Nana Khurodze
Moderator
Relationship Manager
Trade and Supply Chain Finance
Asian Development Bank
How to register
Register by sending an email.
Event organizers / partners
International Chamber of Commerce, United Arab Emirates