Babadjanov Shukhrat Atkhamovich
Head of the Trade Finance Department of JSCB “Ipoteka-Bank”
e-mail: shuh.babadjanov@gmail.com
ORCID: 0009-0002-0826-3991
Tel: +998 94 6263127
Abstract. The article examines the role of Trade Finance instruments in reducing foreign trade risks and ensuring external economic security. The effectiveness of Trade Finance instruments is analyzed on the basis of data from ICC, ADB, EBRD. It is highlighted that in the Republic of Uzbekistan no systematic official statistics are maintained on operations involving the use of Trade Finance instruments, which complicates the assessment of their use at the national level and highlights the need for the introduction of international approaches and analytical mechanisms.
Keywords. Trade Finance, foreign trade, foreign economic security, risk mitigation, Letter of Credit