Page 12 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2024

Press Release

With an aim to provide insurance facilities for companies operating in the UAE and Czech
markets

Etihad Credit Insurance partners with EGAP to streamline process

of mutual reinsurance obligations and foster bilateral trade between
UAE and Czech Republic

H.E. Bin Touq: The UAE and the Czech Republic enjoy growing and developing economic

relations. The new agreement with EGAP comes within the framework of this outstanding
economic partnership between the two countries.

24 June 2024 - Etihad Credit Insurance (ECI), the UAE Federal export credit company, inked a
strategic partnership agreement with the Export Guarantee and Insurance Corporation (EGAP) to

create a framework for bilateral reinsurance obligations and provide insurance facilities to
companies within the UAE and the Czech Republic, contributing to the promotion of bilateral

trade between the two countries during the next phase. The agreement was signed by His
Excellency Abdulla Bin Touq Al Marri, UAE Minister of Economy and Chairman of ECI Board

of Directors, and His Excellency David Havlicek, Chairman of the Board of EGAP.

H.E. Bin Touq said, “The UAE enjoys growing and developing economic relations with the

Czech Republic, where the two countries have succeeded in their joint efforts to build sustainable
and diversified partnerships and agreements in many economic and investment sectors. The new

partnership agreement with EGAP complements these efforts as it comes within the framework of

the distinct economic partnership between the two countries. The agreement will promote the
creation of new economic prospects between the two exporters' communities in the two countries

and contribute to the consolidation of common economic relations, thereby supporting the