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PRESSR: ECI explores strategies to boost global trade and accelerate progress of supply chains

The summit attracted a wide range of thought leaders, policymakers, decision-makers, experts and
innovators from across the globe. Image Courtesy: ECI
As a silver sponsor of the Global Trade and Supply Chain Summit 2024, organised by the Economist
Impact
UAE: Etihad Credit Insurance (ECI), the UAE’s federal export credit company, took part in the 4th 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.
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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 foreign trade. She also shed light on the substantial
role of leveraging the UK’s expertise in the area of credit and export empowerment.
The summit also included various keynote speeches, panel discussions, interactive workshops and
networking sessions. The wide range of programs offered a dynamic platform to discuss significant
topics such as new globalisation, technology-powered trade, innovation, the role of artificial intelligence
(AI) in digital commerce and services, the significance of commercial risk and adaptability and the
establishment of sustainable supply chains. During the event, participants also explored recent
developments and technologies in the field of global trade and supply chain.
The two-day event witnessed the participation of over 500 experts and specialists from different
countries and attracted top-level executives in supply chain management, procurement, manufacturing,
finance, as well as government officials, ministers, policymakers and advisors. The summit received
significant attention from visitors and active participation from commercial enterprises.
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