UK Export Finance (UKEF) has signed a cooperation agreement with its counterpart in the United Arab Emirates (UAE), Etihad Credit Insurance (ECI), that will strengthen trade cooperation and boost investment between the UK and UAE.
The agreement provides a general framework for reinsurance underwriting between UKEF and ECI that will enable the two agencies to combine their financial support to help UK and UAE businesses secure export contracts anywhere in the world.
UKEF can now support the export of products from the UAE through its collaboration with ECI where a transaction also involves substantial trading opportunities for UK exporters in third countries. Read more…..
Chart of the Day
Ray Dalio’s INVESTING Strategy & Advice.