The Middle East in the spotlight: Commerzbank examines the region's trading opportunities following Dubai’s recent SIBOS conference

As Middle Eastern economies flourish, consumer markets develop, and a number of countries look to increase investment in infrastructure; existing trade ties between the Middle East and Europe are likely to strengthen rapidly over the next decade – especially on the import side. Yet payment risk and cultural differences remain barriers to trade for both parties. In Banker Middle East, Ralph Nitzgen, Senior Executive Officer and General Manager, Commerzbank Dubai Branch, discusses how corporates will rely on their banks to help them grasp these opportunities and how, in this respect, the best solution is a correspondent banking network.

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