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Editor in Chief: Kim Sindberg

Assistant Editor: Zahoor N. Dattu

Executive Editors: Jacob Katsman & Nick Pachnev



Legal Editors:
Robert M. Parson, Partner Reed Smith LLP, U.K.
Robert M. Rosenblith, Attorney at Law, U.S.A.
George F. Chandler III, Hill Rivkins & Hayden, U.S.A.
Saibo JIN, Beijing Commerce & Finance Law Offices, China.



Contributing Editors:
Robert Ronai, Import-Export Services Pty Ltd, Australia
Heinz Hertl, LC Trainer, Austria
Christopher Gregory, BBK, Bahrain
ATM Nesarul Hoque, Mutual Trust Bank Ltd., Bangladesh
T.O. Lee, T.O. Lee Consultants Ltd., Canada
Olga Schwarzkopf, GlobalTrade Corporation, Canada
Wang Xuehui (Ofei), Anhui Agricultural University, China
Radek Dobáš, Česká spořitelna, Czech Republic
Ken Nyberg, SEB Merchant Banking, Finland
Giuseppe Ricchiuti, Sidel Blowing & Services SAS, France
David Meynell, Germany
CS Vijaya Kumaar, RBS Business Services PVT LTD, India
Mohammad Sohail Hussain, Abu Dhabi Islamic Bank, Pakistan
Muhammad Jawad Iqbal Khan, Bank Alfalah Limited, Pakistan
Jee Meng Chen, Ernst & Young, Singapore
Andreu Vilà, Banco Sabadell, Spain
Ingrid Fornt Sesmilo, CaixaBank - LA CAIXA, Spain
Alan C.Y. Liu, EnTie Commercial Bank, Taiwan
Hasan Apaydin, HSBC, Turkey
Ron Wells, BarrettWells Credit Research, U.K.
Danielle Austin, LC Advisor, U.S.A.
Peter Deisenbeck, UniCreditBank AG, USA
Wu Yihai , AHCOF Holdings Co., Ltd.




Design & Layout: Mabel Keung

Copy Editor: Jens Hammer

Contact Trade Services Update with questions to our editors.

TSU Country Editors:
Australia and New Zealand, Hari Janakiraman, Australia and New Zealand Banking Group Ltd
Austria, Karl Mayrl, ERSTE BANK
Bahrain, Pradeep Taneja, ICC Bahrain Trade Finance Forum
Bangladesh, Shahriar Masum, Mutual Trust Bank Ltd
Belgium, Emile Rummens, Senior Risk Manager, KBC Bank NV
Canada, Vincent Barboza, RBC Financial Group
Chile, Rodolfo Guzmán Bastidas,
China, Sheilar Shaffer(Shi Xiaoling), Agricultural Bank of China
Czech Republic, Pavel Andrle, Banking Commission of ICC
Denmark, Jakob Ingerslev, Nykredit Bank
Estonia, Age Valgepea, Swedbank Estonia
Germany, Markus Wohlgeschaffen, UniCredit Group
India, Rupnarayan Bose, Director of the Institute of Bank Studies (I)
Indonesia, Saul Daniel Rumeser
Iran, Hamid Farrokhi , Bank Tejarat
Iraq, Prasad Gadwal, Trade Bank of Iraq
Ireland, Vincent O'Brien, The electronic Business School International
Israel, Sarah Younger, Bank Leumi Le- Israel B.M.
Latvia, Inna Smaļe, AS DnB NORD Banka
Lebanon, Joseph Rizk, SGBL
Malaysia, Tang Seng Fatt, EON Bank Berhad
Netherlands, Johan Bergamin, ING Bank
Nigeria, Hedgar Ajakaiye, Zenith Bank Group
Pakistan, Ahmir Mansoor, MCB Bank Ltd.
Romania, Bogdan Ilie, Romanian Commercial Bank
Saudi Arabia, Abdulkader A. Bazara, Samba Financial Group
Singapore, Soh Chee Seng, DCTrade Consultants
South Korea, Chang-Soon Thomas Song, Korea Exchange Bank
Spain, Xavier Fornt, Professor at High School for International Trade
Sweden, Fredrik Lundberg, Business School in Stockholm
Switzerland, Daniel Devahive,
Turkey, Ali Polat, Turkiye Finans Katilim Bankasi
Ukraine, Lyudmyla Yeremenko, Public JSC Kreditprombank, Kiev
United Kingdom, Abrar Ahmed, Crown Agents Bank
U.A.E., Laxmanan Sankaran, Commercial Bank of Dubai
U.S.A., Glenn D Ransier, American Express Bank
Vietnam, Nguyen Huu Duc, Vietcombank Danang