Page 84 - ECI PR REPORT - NOVEMBER 2025
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11/12/25, 8:26 AM ECI Signs Mou With Republic Of Chad To Strengthen Trade And Economic Cooperation
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.”
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