Statement on the company’s decision re the use of third parties for business development
Trafigura continues to build its own presence in many markets. Trafigura will continue to use advisory consultants (i.e. public affairs consultants, security advisors, risk analysts, etc.) and technical operational service providers (i.e. port agents, shipping agents, etc.) where necessary. These arrangements are subject to a number of requirements. There will be no new agreements with third parties for business development purposes.
“Trafigura continues to grow its own presence in many markets. Building on earlier statements that we are reducing the number of third parties, we have decided that all agreements with third parties providing business development services will be ended by October 2019,” said Trafigura’s Chairman and CEO Jeremy Weir.