Commerzbank’s Axel Bommersheim explores Central Asia’s new ‘Silk Road’ for FX-MM Magazine

Axel_BommersheimCentral Asia and Mongolia have witnessed tremendous economic development, rapid industrialisation and high foreign investment over the past two decades – offering new opportunities for global businesses to increase their trade with the region. Thus, corporates are now looking to capitalise on initiatives for the new ‘Silk Road’, which will see better trade corridors connecting the region with the rest of Asia, Europe, the Middle East and Africa. Writing in FX-MM Magazine, Axel Bommersheim, Regional Head CIS Countries, the Baltics and Mongolia at Commerzbank, stresses that the region’s success will rely on export diversification and a strong banking system.

Read the article here.

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