#TradeFiRevolution Trade Revolution is a term that refers to major changes in trade finance. These changes have an impact on banks that must adapt so as not to lose market share and their client base.

Trade finance is a facility provided by banks to support international trade transactions. This facility can be in the form of issuing L/C or SKBDN, and payments to exporters.

Trade finance is important for businesses because it helps in: Negotiating the complexities of global trade, Ensuring the success of the trade cycle, Mitigating risk, Facilitating safe trade, Providing payment security.

In the context of international trade, trade creation is when a country reduces or eliminates its tariffs on imports from FTA member countries. As a result, the amount of imports from these countries increases.