Page 100 - ECI PR REPORT - NOVEMBER 2025

11/12/25, 8:27 AM ECI signs MoU with Chad to strengthen trade, economic cooperation
The agreement was signed by Raja Al Mazrouei, Chief Executive Officer of ECI, and Tahir Hamid
Nguilin, Minister of Finance, Budget, Economy, Planning and International Cooperation of the

Republic of Chad.

Dr. Thani bin Ahmed Al Zeyoudi said, "The UAE and the Republic of Chad share a longstanding
relationship built on shared trade and investment ties and a desire for mutual prosperity. In the first
half of 2025, the value of non-oil bilateral trade reached US$2.4 billion, marking a significant
increase of 166% over the same period in 2024 - and more than the US$2 billion we recorded in the

whole of 2024. The signing of this agreement between ECI and the Republic of Chad marks another
milestone in our growing partnership, opening new avenues for economic collaboration across key
sectors."

"This agreement supports the UAE's strategic vision to diversify its economy and improve global
trade, especially with emerging markets that have substantial potential for future growth. The steady

rise in UAE's non-oil exports and re-exports across Africa highlights our success in fostering both
trade growth and mutually beneficial partnerships. We are committed to further strengthening ties
with our partners in Africa, driving growth and prosperity through economic collaboration," Al
Zeyoudi added.

The MoU establishes a framework for mutual collaboration in trade and investment promotion,

aiming to strengthen economic ties and support the growth of exports and imports between the UAE
and Chad. Both parties will work together to enhance trade finance and insurance solutions,
enabling the private sectors in both nations to explore new markets while mitigating the risks
associated with cross-border trade.

Commenting on the agreement, Raja Al Mazrouei said, "This MoU with the Republic of Chad
represents a significant step in advancing ECI's mission to empower UAE exporters and investors

by expanding access to promising global markets. Through this partnership, we aim to facilitate
trade finance and insurance solutions that de-risk cross-border transactions, encourage knowledge
exchange, and support joint projects that contribute to sustainable development."

"This collaboration not only reinforces the UAE's leadership in promoting trade diversification but
also underscores ECI's role as a catalyst for economic growth and resilience across Africa. Together

with our counterparts in the Republic of Chad, we aim to unlock new financing opportunities for
sustainable, innovation-driven projects across priority sectors such as energy, infrastructure, and
digital transformation," Raja added.

The areas of cooperation under the agreement include facilitating joint initiatives and knowledge
exchange in export credit, investment protection, and trade risk management, as well as promoting

joint projects that support sustainable development and economic diversification in both countries.

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