Page 71 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024
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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/