Page 13 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2024

Press Release

establishment of the UAE as a global partner and attractive and influential economic centre by the

next decade in light of the goals of the ‘We the UAE 2031’vision.”

The agreement calls for robust cooperation across a broad spectrum of duties, such as addressing
risks related to sovereign and quasi-sovereign debtors, explore innovative avenues in improving

flexibility for private sector debtors, and offering insurance facilities for export agreements that
are in accordance with the official guidelines of the Organisation for Economic Co-operation and

Development (OECD) Arrangement on Officially Supported Export Credits. Furthermore, this

agreement cultivates a strong foundation for bilateral cooperation in areas of common interest,
which is beneficial to both countries’ export and foreign trade industries.

H.E. David Havlicek, stated, “We are confident that this agreement will contribute to advancing

trade and investment between the two countries in the coming period. Providing export credit

solutions to Czech and UAE companies will undoubtedly boost their confidence and security,
encouraging them to expand the scope of their mutual business and investments. We will work

side by side with our partners in the UAE to guarantee the success of this agreement and maximize
its benefits.”

H.E. Raja Al Mazrouei, CEO of Etihad Credit Insurance, said, “This agreement aligns with
ECI’s steadfast commitment to broadening its global network of partnerships with strategic

markets, offering innovative credit solutions, streamlining export operations, reducing risks, and
fostering confidence in exports, re-exports, and foreign trade channels.”

The Agreement demonstrates Etihad Credit Insurance's steadfast dedication to enhancing

cooperation with export credit agencies. Over the past few years, Etihad Credit Insurance has

successfully formed around 21 cooperation agreements with government export credit agencies
across the globe. This move further helps to broaden the ECI’s network of collaborations, which