Dr Thani Bin Ahmed Al Zeyoudi speaks during the PCC meeting in Dubai on Thursday. WAM
The global event gathered delegates from PCC member countries to discuss export-oriented innovation and growth strategies as well as the pivotal role of export credit agencies in trade facilitation and promotion.
The meeting facilitated a platform for the Berne Union members to strengthen ties and drive dialogue on critical issues impacting trade and investment, following global supply chain disruptions due to the pandemic.
Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and Deputy Chairman of ECI’s Board of Directors, said, "In a complex interconnected world, businesses continue to face hurdles and disruptions necessitating better cooperation between countries and their export credit agencies. Berne Union’s Prague Club Committee Meeting is instrumental in setting the future agenda in ensuring the growth of export innovation. The UAE is therefore delighted to host this major event, which will pave the way to a new era of international trading and economic prosperity."
President of the Berne Union, said, "The close association between export credit agencies has become absolutely crucial in the current economic cycle, which has been seriously impacted by an unforeseen event in the world history. Working together is key to navigating these unprecedented challenges in global trade. We're pleased to team up with one of our youngest members, ECI, to host the PCC biennial meeting in the UAE, which will be a significant step in empowering the trade credit insurance community across the globe."
Massimo Falcioni, CEO of ECI, said, "Organising the Prague Club Committee meeting is a major accomplishment in line with our mission to strengthen the UAE’s non-oil trade and national economic diversification. With the active participation and dynamic discussion among the important stakeholders in this ecosystem, this gathering will certainly have a far-reaching impact on the export insurance industry and the global economic recovery. It also took place at a time when the need to make a rapid transition towards clean energy is becoming highly critical.
"The UAE has always been a forerunner on this front and winning the bid to host the COP28 climate conference in 2023 is a fitting tribute to its leadership role for a sustainable future. We’ve been reinforcing the UAE’s ‘Net Zero by 2050’ strategy by partnering with government entities and other ECAs. We believe the collaboration between the credit insurance companies across the globe can make a profound influence in this much-needed transition."
Anum Baqai pointed out that the UAE will have a bright future with the convening of the Expo 2020 Dubai in early October, and "we have great expectations and are certain of the success of this event." Baqai expressed her happiness to be in the UAE, where she has been residing for 11 years.
Saif Ahmad Belhasa, a renowned Emirati entrepreneur, who is also followed by some of the most prominent names of the world, owns Fame Park, which is an exotic animal farm not open to the public, but for celebrities and pre-eminent personalities of the world.
The minister wants to "make new partners for solving global challenges and deepen relations with existing partners in the UAE and broader Gulf region," a press release by the Consulate General of the Kingdom of the Netherlands said.
Russia edged closer to default on Sunday amid little sign that investors holding its international bonds had received payment, heralding what would be the nation’s first default in decades.
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