Page 47 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2024

6/25/24, 1:31 PM Bin Touq: UAE, Czech Republic enjoy growing and developing economic relations - Aletihad News Center
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 is a crucial component of the recently introduced strategic initiative ‘Xport Xponential.’

This initiative aims to support the growth of UAE exports and increase the diversity of the national economy while also
promoting its sustainability.

Notably, the EGAP is a specialised state-owned credit insurance company that focuses on the insurance of non-
marketable commercial risks associated with exports of goods and services from the Czech Republic. The company’s

primary focus lies in providing bank loans with a maturity of more than two years to finance the export of energy,
machinery, technological systems, investment projects and transport constructions.

Source: Aletihad - Abu Dhabi

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