This follows UAE and Uzbekistan’s last month announcement of their expanded partnership to include economy, manufacturing, and business incubators…reports Asian Lite News

The export credit agencies, ECAs, of the UAE and Uzbekistan have agreed to bolster and reinforce the trade and economic alliance between the two countries by exploring and boosting opportunities in the export of goods and services.

This follows UAE and Uzbekistan’s last month announcement of their expanded partnership to include economy, manufacturing, and business incubators through implementing 147 initiatives developed by the UAE Government in Uzbekistan.

The Memorandum of Understanding between Etihad Credit Insurance, ECI; the UAE Federal export credit company; and Uzbekistan National Export-Import Insurance Company, UZBEKINVEST; Uzbekistan’s Export Credit Agency, will create prospects for mutual strategic projects between the two ECAs, in addition to other forms of cooperation such as technical assistance, training, and capacity building.

The MoU was signed by Massimo Falcioni, CEO of ECI and Rustam Khalikov, First Deputy Director General on Pre-Export and Export Insurance of UZBEKINVEST.

The partnership aims to strengthen the existing trade relations between Uzbekistan and the UAE, and also provide an avenue to determine new business opportunities and develop new collaborations in the UAE.

Also read:UAE, Sudan to deepen bilateral ties

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