Page 18 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024

Press release

As a silver sponsor of the Global Trade and Supply Chain Summit 2024, organised
by the Economist Impact

ECI explores strategies to boost global trade and

accelerate progress of supply chains

UAE - 09 October 2024: Etihad Credit Insurance (ECI), the UAE’s federal export credit
th
company, took part in the 4 annual Global Trade and Supply Chain Summit 2024 as a
silver sponsor. The event, organised by the Economist Impact under the patronage of the
Executive Office of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice-President,
Prime Minister and Ruler of Dubai, was held on October 8 and 9, 2024 at the JW
Marriott Marina Hotel, Dubai, UAE.

The summit attracted a wide range of thought leaders, policymakers, decision-makers,
experts and innovators from across the globe. The key objectives of the event were to
explore the prospects of global trade, methods to enhance adaptability in response to
economic shifts and strategies to address current global challenges, sustainability concerns
and the rising costs of goods. Furthermore, the summit served as a vital forum to delve into
the intricacies of the current trade landscape, evaluating the effectiveness and flexibility of
supply chains and their potential to confront future challenges.

During the panel discussion titled ‘Keep calm and carry on: how can trade bounce back in
the face of uncertainty,’ H.E. Raja Al Mazrouei, CEO of ECI, highlighted the abundance
of high-quality food products in the United Kingdom and pointed out the benefits of
establishing strategic trade agreements with the UK to reduce customs tariffs and
encourage British producers to export their products. Moreover, the agreement provides
consumers in the GCC with diverse options at affordable price ranges. During the session,
H.E. Al Mazrouei also underscored the vital role played by export credit agencies in
adapting to global challenges such as market volatility and increasing focus on
sustainability.

In addition, H.E. Al Mazrouei emphasised ECI’s keenness to strengthen cooperation with
its counterparts in the UK. She also highlighted the significance of reinforcing partnerships
between export communities in the UAE and other countries across the region and the UK,
for driving the growth of export and re-export activities and accelerating supply chains and