A joint venture by China National Petroleum Corporation (CNPC) has finalised a green trade finance round with a British lender, the first of its kind in Europe, China Daily reported.
Petroineos Trading, an integrated refining and energy trading company co-owned by CNPC, said it completed the green and sustainable development trade financing round with Standard Chartered, the London-based bank.
Read the full report: China Daily.
Global Trade Finance Needs Reform, Says New Report
China to Promote its Green Finance Market to Foreign Investors
China Plans Global Centre For Sustainable Transportation