UAE, Italy export credit agencies to support SMEs and Halal sector

UAE, Italy export credit agencies to support SMEs and Halal sector

Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit company, have discussed collaboration in sustainable development projects, trade finance of SMEs, as well as the Halal sector, in line with their national economic strategies. The meeting is within the framework of the Memorandum of Understanding signed between the ECI and SACE, as part of the 6th UAE-Italy Joint Economic Committee event, held at the Ministry of Economic Development (MISE) in Rome in 2018, which laid down the framework to enhance business opportunities between the two countries. During the meeting, held at the ECI’s branch in Dubai, the Italian delegation, which was led by Pierfrancesco Latini, CEO of SACE, and included Michal Ron, Chief International Officer of SACE, President of Berne Union, met with Massimo Falcioni, CEO of ECI, along with senior officials from both organisations. “Italy and the UAE have a similar vision to put sustainable development at the core of their global agenda. The cooperation talks between the ECI and SACE in supporting strategic investments and green projects will be a major boost to the time-honoured trade relations of both countries. Through this alliance, we are determined to help Italian and UAE