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The International Islamic Trade Finance Corporation (ITFC) released its 2019 Annual Development Effectiveness Report (ADER). In 2019, ITFC approved US$5.8 billion trade financing. Of this, US$5 billion was disbursed towards improving the livelihoods of millions of people in line with the UN Sustainable Development Goals (SDGs). Disbursement in Asian and CIS member countries of the Organization of Islamic Cooperation (OIC) stood at US$2.6 billion, while in African OIC countries, total disbursements amounted to US$2.4 billion. In 2019, ITFC signed framework agreements worth US$4.8 billion with 9 countries and mobilized US$1.2 million through grants for trade development interventions in agriculture, financial institutions, capacity building and trade promotion.