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Structured commodity trade finance in Eastern and Central Europe, the former Soviet Union, as well as in the traditional commodity-producing regions of Latin America, Africa, the Middle East and Asia is an important area of growth for our banking and corporate clients. In many of these regions, the local banking system is unable to accommodate the needs of producers and refiners for funding increased working capital requirements resulting from industrial development or democratization of the local economy.
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In order to accommodate the needs of both the international suppliers of goods and services and local producers, international financial institutions are increasingly providing limited recourse facilities to finance trade in oil, other energy commodities, chemicals, precious and base metals, coffee, cocoa, sugar, grains, edible oils, paper, and textiles and other staple commodities.
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