TradeTrust enables interoperable electronic Bills of Lading (eBLs) backed Letter of Credit transactions between Singapore and Indian banks and companies, paving the way to digital cross-border trade.

Singapore and Indian banks and companies successfully kicked off the first live transaction using the TradeTrust Framework, for a shipment between Singapore and Indian businesses. This was announced by Minister for Trade and Industry Gan Kim Yong at the G20 Trade and Investment Ministerial Meeting in Jaipur, India.

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