Media ININ Economy We Trust
31-03-2019 Media in\ Fujairah
The Fujairah Chamber of Commerce and Industry and the UAE Federal Government’s Export Credit Corporation signed a Memorandum of Understanding (MoU) to empower and assist local exporters and companies in the emirate of Fujairah to access international markets.
Khalid Mohammed Al Jassim, General Manager of the Chamber, who signed the agreement with HE Massimo Valcioni, the company’s CEO, said that the two companies’ cooperation focused on creating awareness about the benefits of trade protection solutions through organizing seminars and workshops, providing in-depth market information and the risks of trade-related countries The two sides will work on a number of joint activities and events that will benefit the members of the Fujairah Chamber of Commerce and Industry and clarify the role of trade finance instruments and services provided by the Union for Export Credit
He pointed out that the Chamber of Commerce and Industry of Fujairah focuses on providing information, support and continuous services to business owners in the emirate, noting that through joint work with the Union for Export Credit, the Chamber will be able to enable local companies to deal with their projects outside the country, Global market information as well as important financial services that will help its global expansion.
For his part, Masimo Valcioni, Chief Executive Officer of the Federation of Export Credit, stressed the importance of supporting exporters, investors and companies in Fujairah, pointing out that this cooperation will enable the local authorities to access a wide range of trade credit solutions of the Union for export credit which will help protect them from political and commercial risks To the regional and international markets, considering that the signing of this memorandum will confirm the commitment of the Union to export credit in support of the strategy of non-oil diversification in the UAE in line with the vision of the UAE 2021.
