Trade facilitation refers to commercial support provided to help buyers, sellers and business partners connect, communicate and progress transactions more efficiently.
What a Trade Facilitator Does
- Connects relevant commercial parties
- Coordinates communication and meetings
- Supports exchange of preliminary documents
- Helps clarify transaction procedure
- Assists with commercial follow-up
Facilitator vs Broker vs Mandate
A facilitator supports the process. A broker may be more directly involved in arranging a transaction for commission. A mandate usually claims formal authority to represent a buyer or seller.
Related: How Mandates Work · Mandate & Partnership