France to rein in export guarantees for oil and gas industry; Louis-Dreyfus sells stake in LDC to Abu Dhabi fund; G20 urged to leverage trade finance to power global recovery

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• France proposes to stop providing state export guarantees to projects involving dirty forms of oil such as shale from next year, followed by all types of oil from 2025 and gas from 2035

• Billionaire Margarita Louis-Dreyfus has agreed to sell a 45% stake in the eponymous agricultural trader to an Abu Dhabi sovereign wealth fund, opening the family business to outside ownership for the first time to secure desperately needed cash for its owner.

• The International Chamber of Commerce's Advisory Group on Trade Finance has called on G20 leaders to leverage trade finance to safeguard SMEs and power global recovery

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