ECI and SACE Explore Projects to Boost Trade and Investment and Initiate the Halal Route
May 11, 2021 | Updated at May 28, 2021
The United Arab Emirates (UAE) federal export credit agency, Etihad Credit Insurance (ECI), and the Italian Export Credit Agency, SACE, are discussing options to join hands in supporting sustainable development projects and extending trade finance to small and medium-sized enterprises and to companies in the Halal sector.
Why it Matters?
In addition to this being a major boost to trade and investment relations between the UAE and Italy, the collaboration would be in alignment with the national sustainability goals of both countries and also with the United Nations’ Sustainable Development Goals. Among other objectives and opportunities, Chief Executive Officer of ECI, Massimo Falcioni, noted that via ECI’s Shariah-compliant trade credit so...