Page 36 - ECI PR REPORT - NOVEMBER 2024
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11/11/24, 8:49 AM ECI unveils strategies to strengthen UAE's export sector, highlighting robust trade relations with India and China
ECI unveils strategies to strengthen UAE's
export sector, highlighting robust trade relations
with India and China
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11/10/2024 8:43:59 AM
(MENAFN- Orient Planet Group) November 7, 2024: Etihad Credit Insurance (ECI), the UAE’s
federal export credit company, participated in the 40th edition of the Abu Dhabi International
Petroleum Exhibition and Conference (ADIPEC 2024). Held from November 4 to 7, 2024,
under the patronage of H.H. Sheikh Mohamed bin Zayed Al Nahyan, the President of the
UAE, the event served as an ideal platform for ECI to showcase its robust strategies aimed at
bolstering the competitiveness of the UAE’s export sector, in the presence of representatives
from the Republic of India and the People's Republic of China.
During the exhibition, ECI participated in two roundtable discussions, one with representatives
from India, and the second one with representatives from China, which were organised by the
Ministry of Industry and Advanced Technology (MoIAT). Both the discussions, chaired by H.E.
Omar Al Suwaidi, the Undersecretary of MoIAT, were attended by key partners of the ministry,
including Taziz, Khalifa Economic Zones Abu Dhabi (KEZAD Group), Emirates Development
Bank (EDB), Abu Dhabi National Oil Company (ADNOC), Abu Dhabi Investment Office
(ADIO), Dubai Internet City (DIC), and Ras Al Khaimah Economic Zone (RAKEZ).
Majed Julfar, Director of Trade Credit Insurance and Export Financing at ECI, delivered a
presentation to India’s representatives, followed by another presentation to China’s
representatives. He further leveraged these key sessions to highlight ECI’s strategic policies
and vision aimed at supporting UAE’s export sector, as well as its notable achievements in
this domain.
Julfar reiterated the importance of the ‘Comprehensive Economic Partnership Agreement’
between the UAE and India, which came into effect in May 2022, opening up new trade
opportunities between the two nations. Moreover, the agreement has either removed or
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