UAE and Uzbekistan enhance joint export credit opportunities

UAE and Uzbekistan enhance joint export credit opportunities
UAE and Uzbekistan enhance joint export credit opportunities
Abu Dhabi – Mubasher: The two export credit agencies in the UAE and Uzbekistan have agreed to support and strengthen the trade and economic alliance between the two countries by exploring and promoting joint opportunities in the field of exporting goods and services.

This comes on the heels of the UAE and Uzbekistan announcing last month that they would expand their partnership to include economic, industrial and business incubators through the implementation of 147 initiatives developed by the UAE government in Uzbekistan, according to the Emirates News Agency, “WAM”.

The Memorandum of Understanding signed between the Export Credit Union will open horizons for joint strategic projects between the two export credit agencies, in addition to other areas of cooperation such as technical assistance, training and capacity building.

This partnership aims to strengthen the existing trade relations between the UAE and Uzbekistan, and to provide a platform to explore new business opportunities and develop new cooperation relationships in the UAE.

With access to a wide range of export credit, financing and investment insurance products, exporting companies operating in both countries will benefit greatly from this partnership.

According to the signed memorandum of understanding, the two parties will work closely to strengthen trade relations between the two countries, explore joint opportunities in the field of insurance, reinsurance and joint insurance services to export goods, investments and services to assist and support insured exporters.

This is in addition to supporting the growth of small and medium enterprises; Share best practices; Organizing joint events; And allocating innovative solutions in the field of export protection, in addition to many other areas of cooperation.

It is the Credit Protection Company of the Federal Government of the United Arab Emirates, and the Export-Import Insurance Company of Uzbekistan (UZBEKINVEST), the Export Credit Agency of Uzbekistan.

Nominations:

UAE Banks Federation: Banks continue to perform well despite the “Corona” crisis

The UAE stock markets profit more than 7 billion dirhams at the end

UAE Health: 1,390 new infections and two deaths from the Coronavirus were recorded

These were the details of the news UAE and Uzbekistan enhance joint export credit opportunities for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT The Ministry of Health authorizes the emergency use of the “Pfizer-Biontech”...