UAE and Italian export credit agencies explore joint funding for sustainable projects

  • Date: 10-May-2021
  • Source: The National
  • Sector:Economy
  • Country:UAE
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UAE and Italian export credit agencies explore joint funding for sustainable projects

The export credit agencies of the UAE and Italy are exploring options to jointly support sustainable development projects and extend trade finance to small and medium-sized enterprises, as well as companies in the halal products market.

The two sides are also exploring ways to boost the flow of goods, services and investment between the two markets by providing trade credit insurance and guarantees to protect exporting companies, investors and financial institutions against political and commercial risks.