Baku: The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, concluded its participation at the 2026 IsDB Group Annual Meetings with a significant achievement, signing agreements worth US$2.9 billion across member countries and private sector partners. These agreements highlight ITFC's role in connecting trade finance with technical assistance and regional trade cooperation. According to African Press Organization, over the four-day event, ITFC successfully transformed high-level engagements into formal agreements, enhancing its position as the IsDB Group's trade finance and trade development arm. The agreements underscore the importance of Shariah-compliant trade finance in addressing the priorities of member countries, offering sustainable financing solutions that bolster economic resilience. The agreements signed during the meetings include: - A US$1 billion Framework Agreement with Burkina Faso for 2026 to 2030. - A US$750 million Framework Agreemen t with Cote d'Ivoire for 2026 to 2029. - A US$750 million Framework Agreement with Djibouti for 2026 to 2029. - A US$250 million Framework Agreement with The Gambia for 2026 to 2029. - A US$60 million Line of Trade Financing Facility with Invest Finance Bank in Uzbekistan. - A US$40 million Line of Trade Financing Facility with Orient Finans Bank in Uzbekistan. - A US$20 million renewal of Line of Trade Financing Facility with Asia Alliance Bank in Uzbekistan. - A US$10 million Line of Trade Financing Facility with Rabitabank in Azerbaijan. - A US$10 million Murabaha Financing Facility for the cotton sector in Tajikistan. - A Confirming Bank Agreement with the International Finance Corporation to support trade finance across common member countries. On the final day, the IsDB Group Signing Ceremony and Private Sector Forum signings introduced several ITFC agreements aimed at expanding access to Islamic trade finance for the private sector and SMEs. Eng. Adeeb Yousuf Al Aama, ITFC CEO, also held a bil ateral meeting with Djibouti, signing a new Framework Agreement, and participated in key sessions and press conferences. In Burkina Faso, the US$1 billion Framework Agreement establishes a cooperation platform aligned with the country's National Development Plan, focusing on energy, food security, healthcare, and private sector development. Similarly, in Djibouti, a US$750 million Framework Agreement renews ITFC's strategic collaboration, focusing on energy, food security, and healthcare. In Uzbekistan, ITFC extended two lines of financing facilities to partner banks, totaling US$100 million, to expand SME access to Islamic trade finance. These facilities are part of ITFC's efforts to support the growth of the Islamic finance industry and promote trade financing solutions for private sector clients, particularly SMEs. Since 2018, ITFC has approved US$1.2 billion in trade finance facilities for 14 local banks in Uzbekistan, aiding in financing SME and corporate clients engaged in trade.