UNIDROIT joins the TF COP Task Force and participates in Annual Meeting

In October 2025, the International Institute for the Unification of Private Law (UNIDROIT) formally became a member of the Trade Finance Conference of the Parties (TF COP) Task Force. The TF COP is a collaborative forum jointly established by the International Trade and Forfaiting Association (ITFA) and the International Finance Corporation (IFC) in 2024, which aims to gather stakeholders of the trade finance industry to find practical, scalable solutions to bridge the global trade finance gap. Its Task Force, consisting of trade bodies and associations, development finance associations, commercial banks, insurers, fintechs, investment funds and banks, will drive forward the noble work of the new forum and coordinate collaboration efforts among stakeholders. As a new Task Force member, UNIDROIT was able to participate virtually in the annual TF COP Task Force meeting on 20 October 2025 in Washington DC, which focused on addressing the SME financing gap from an insider’s view and sustainable trade finance.

UNIDROIT is honoured to be a part of this new initiative. One of the key areas of UNIDROIT’s work is facilitating access to credit, especially for small and medium-sized enterprises (SMEs), by developing uniform legal instruments that reduce barriers to financing. UNIDROIT instruments in facilitating credit for mobile equipment, receivables, leases, and factoring, have helped to create enabling legal frameworks which reduce legal uncertainty for financiers, lowering transaction costs, thereby bridging gaps in cross-border finance. UNIDROIT looks forward to building synergies with the work of the TF COP and collaborating with other Task Force Members in closing the trade finance gap. Learn more about UNIDROIT’s work in the field of access to credit here: https://www.unidroit.org/access-to-credit/.

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