Page 217 - MOE ENGLISH PR REPORT - JUNE 2024

reducing risks, and fostering confidence in exports, re-exports, and foreign trade
channels."

Over the past few years, Etihad Credit Insurance has successfully formed around 21
cooperation agreements with government export credit agencies across the globe. This
move further helps to broaden the ECI's network of collaborations, which is a crucial
component of the recently introduced strategic initiative'Xport Xponential'. This initiative
aims to support the growth of UAE exports and increase the diversity of the national
economy while also promoting its sustainability.

EGAP is a specialised state-owned credit insurance company that focuses on the
insurance of non-marketable commercial risks associated with exports of goods and
services from the Czech Republic.

The company's primary focus lies in providing bank loans with a maturity of more than
two years in order to finance the export of energy, machinery, technological systems,
investment projects and transport constructions.

https://www.khaleejtimes.com/business/uae-aims-to-boost-economic-relations-with-czech-
republic