“Economy” organizes the Forum of financing, insurance and re-insurance exports of the UAE “

03-04-2019 Media in\Abu Dhabi
The Ministry of Economy organized the “Forum for Financing, Securing and Re-Exporting the UAE” as part of a series organized by Trade Promotion Department in the Ministry of Foreign Trade under the title “Trade and Economy – In light of the rapid technological changes and changes in the domestic and international economic arena.
The Forum for Export Finance, Insurance and Reinsurance, organized by the Ministry in cooperation with the Union of Export Credit Insurance, Abu Dhabi National Insurance Company and Konaris Steel Production Company, with the presence and participation of more than 200 representatives of exporting companies in the UAE. And re-insurance exports on the market today and the impact of those factors on facilitating the movement of trade and enhance the competitiveness of exporters in the State.
Forum Juma Mohammed Kait, Assistant Undersecretary for Foreign Trade at the Ministry of Economy, opened in the presence of Masimovalsaona, Chief Executive Officer of the Union of Export Credit, and Abdullah Al Nuaimi, Head of Support Services Sector at the Abu Dhabi National Insurance Company and Bharat Bhatia, Chief Executive Officer of the company “Konaras”, Mr. Mohammed Nasser Hamdan Al Zaabi, Director of Commercial Promotion Department at the Ministry of Economy, along with a number of government officials, representatives of the banking and credit sector and a number of executives.
In his opening remarks, Juma Al-Kait provided an overview of the development of the country’s non-oil foreign trade and the government’s efforts to enable UAE exports to compete in international markets. He stressed the importance of studying the tools of finance, insurance and reinsurance of exports as one of the main engines of this vital sector and to discuss the solutions that can be provided by financial and insurance institutions to support exporters in the country, providing them with the conditions to enter new markets and facilitate business transactions with international buyers abroad.