Iraq, Sept. 16 -- The European Bank for Reconstruction and Development (EBRD) is boosting trade finance in Iraq by providing a limit of up to US$ 25 million (€21.3 million) to Bank of Baghdad, one of Iraq's leading private-sector banks.This facility is provided under the EBRD's Trade Facilitation Programme (TFP) and will support the Bank of Baghdad in increasing its import and export transactions and expanding its network of correspondent banking relationships.The investment will help address trade finance gaps in Iraq, increase access to trade finance for micro, small and medium-sized enterprises (MSMEs) engaged in cross-border trade and strengthen commercial links with regional and international markets.EBRD-funded technical coopera...