Page 71 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024
P. 71

On the sidelines of the Berne Union


               Annual General Meeting ECI and MIGA

               sign agreement to boost cooperation


               in FDI activities


               October 16, 2024

































               << Al Mazrouei: We are committed to expanding our strategic partnerships,
               believing in the importance of concerted efforts in achieving the goals of the
               national economic vision.


               Etihad Credit Insurance (ECI), the UAE Federal export credit company, and the
               Multilateral Investment Guarantee Agency (MIGA), an institution of the World
               Bank Group, signed an agreement to expand cooperation and coordination
               between both parties in driving foreign direct investments (FDI), along with co-
               insurance and reinsurance activities. The signing happened on the sidelines of
               the Berne Union Annual General, which commenced October 15 in Hamburg,
               Germany.


               By leveraging distinct records and long-standing experiences of both parties in
               the fields of investment guarantees and commercial credit, the agreement
               establishes a framework that promotes joint efforts to boost FDIs through co-
               insurance and reinsurance. This agreement has the potential to improve quality


               https://mid-east.info/on-the-sidelines-of-the-berne-union-annual-general-meeting-eci-and-miga-
               sign-agreement-to-boost-cooperation-in-fdi-activities/
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