UAE, Italy discuss boosting bilateral trade
DUBAI, 28th April, 2021 (WAM) Etihad Credit Insurance (ECI), the UAE International Investor Council (UAEIIC), Dubai Exports, the Italian Trade Agency (ITA) and Confindustria, the largest Italian industrial confederation, have discussed cooperation in various fields, including increasing exports, Foreign Direct Investment (FDI) and trade finance support between the UAE and Italy.
The high-level discussion is in line with Italy’s objective of promoting ‘Made in Italy’ products across the world and attract FDI in the European country and it is also consistent with the recently launched ‘Make it in the Emirates’ initiative that encourages local and international investors to fulfil their ambitions of developing, manufacturing and exporting their products from the UAE.
Oil refinery
The United Arab Emirates (UAE) Minister of State, Ministry of Foreign Affairs and International Cooperation (MOFAIC), Sheikh Shakhboot Bin Nahyan Al Nahyan has called on investors in both the UAE and Nigeria to take advantage of the close ties between both countries to benefit from the strategic geographical location and the opportunities across both conventional and new emerging sectors.
According to Al Nahyan, with non-oil trade between both nations valued at $1.4billion in 2019, it is pertinent to work out modalities to see the figure increasing, adding that the UAE government is working towards it in a mutual beneficial manner.
ECI partners with local council to support Emirati investments reporters@khaleejtimes.com Filed on February 7, 2021
Alliance to help open new markets for UAE investors and facilitate their ability in getting promising opportunities and acquiring new projects
The partnership will enrich awareness of political risk solutions and assess how ECI can provide UAEIIC’s businesses with risk mitigating tools and ease access to financing
Etihad Credit Insurance (ECI) has partnered with the UAE International Investors Council (UAEIIC) to support Emirati investments abroad and protect UAE export businesses globally.
Both ECI and UAEIIC have the mandate to accelerate national economic diversification and sustain the competitiveness of businesses operating in the UAE. The alliance will help open new markets for UAE investors and facilitate their ability in getting promising opportunities and acquiring new projects.
Etihad Credit Insurance (ECI), the UAE Federal export credit company, has partnered with the UAE International Investors Council (UAE IIC) to support Emirati investments abroad and protect UAE export businesses globally.