Page 17 - ECI PR REPORT - NOVEMBER 2025

Press Release

ECI signs MoU with Republic of Chad to strengthen trade

and economic cooperation

Abu Dhabi, November 11, 2025: Etihad Credit Insurance (ECI), the UAE’s federal export
credit company, has signed a Memorandum of Understanding (MOU) with the Republic of
Chad to enhance bilateral economic and trade cooperation between the United Arab Emirates
and the central African country.

The signing took place during the UAE-Chad Trade and Investment Forum in Abu Dhabi,
which convened senior officials and government leaders from both countries, including H.E.
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade. The agreement was signed
by H.E. Raja Al Mazrouei, Chief Executive Officer of ECI, and H.E. Tahir Hamid Nguilin,
Minister of Finance, Budget, Economy, Planning and International Cooperation of the Republic
of Chad.

H.E. 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,” H.E. 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, H.E. 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.