Italy-Uae: Jiacc and Etihad Credit score Insurance coverage signal MoU – Economic system – ANSAMed – ANSAmed

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(ANSAmed) – Dubai, April 15 – The Joint Italian Arab Chamber
(JIACC) and Etihad Credit Insurance Company (ECI) have signed
today in Dubai a Memorandum of Understanding (MoU) to cooperate
with each other to develop and deepen their business
relationship, and to explore, strengthen and foster trade and
economic cooperation between the Republic of Italy and the
United Arab Emirates. The MoU has been signed within the
framework of the Business Mission to the UAE led by the Italian
Minister of Economic Development, Luigi Di Maio.

The agreement signed between ECI and JIACC aims to foster the
collaboration and communication in different fields. In
particular, the MoU constitutes the basis to (among other goals)
– Promote the United Arab Emirates as a regional hub in the
Republic of Italy, also by exploring possible mutual cooperation
to boost Arab investment in Italian companies interested in:
doing business with Arab companies; investing in Arab countries;
producing goods for the local and regional market,
– Enhance trade and support business relations between the
Republic of Italy and United Arab Emirates, in cooperation with
Italian industrial association,
– Ease trade and export by organizing joint workshops, forums,
B2B meetings and events among exporting corporations, located in
Italy and in the Arab world,
– Enhance trade between UAE and Italy with focus on Halal
industry, through Sharia’ compliant insurance and finance
Cesare Trevisani, Chairman of the Joint Italian Arab Chamber
of Commerce, said; “We are really proud to announce the signing
of such an important agreement, that confirms the excellent
relations existing between Italy and the United Arab Emirates.

The Memorandum of Understanding with Etihad Credit Insurance
Company represents a fundamental step to ensure a significant
and positive development of the trade and economic cooperation
between our Countries. The private sector will play a central
role in the transformation process that is impacting Italian and
Arab economies, and the collaboration between JIACC and ECI will
give investors and entrepreneurs from both parts the chance to
explore outstanding business opportunities.”
Massimo Falcioni, CEO of Etihad Credit Insurance Company
stated:” ECI’s partnership with JIACC is an important landmark
in the Arab-Italian trade relations as its collaboration extends
to our commitment to supporting UAE’s non-oil exports, trade,
investments, and strategic sectors development, aligned with the
UAE Vision 2021. This partnership will have a positive impact on
the halal industry at large as it will provide access to ECI’s
Shariah-compliant financial services and products that will
benefit the burgeoning halal industry in Italy.” (ANSAmed).

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