Etihad Credit Insurance (ECI), the UAE’s federal export credit company, has signed a Memorandum of Understanding (MoU) with Sinosure, China’s export credit agency, to enhance economic cooperation and promote sustainable trade and investment between the two countries.
The MoU was signed during the 8th China International Import Expo (CIIE) in Shanghai, on the sidelines of the China–UAE Economic and Trade Cooperation Promotion Conference.
The signing took place in the presence of Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, and was attended by senior officials from both nations. The agreement was signed by Raja Al Mazrouei, Chief Executive Officer of ECI, and Mr. Lu Dong, General Manager of Sinosure’s Shanghai branch.
UAE, China deepen trade cooperation
The partnership aims to deepen collaboration between the UAE and China in export credit, trade finance and risk mitigation, while supporting exporters, investors and large-scale infrastructure projects that align with both nations’ long-term strategic objectives.
Dr. Thani bin Ahmed Al Zeyoudi said the agreement reflects the UAE’s position as China’s largest trading partner in the Arab world and its pivotal role in regional trade. “The UAE and China share strong economic ties, marked by robust trade, significant investment and extensive cooperation between our public and private sectors,” he said.
“This agreement between Etihad Credit Insurance and Sinosure marks another milestone in deepening our bilateral ties and opens new avenues for collaboration across priority sectors.”
Raja Al Mazrouei, CEO of ECI, said the agreement demonstrates both agencies’ commitment to supporting exporters and investors through shared expertise and collaboration.
“This partnership represents a significant milestone in our mission to empower UAE exporters and investors with the confidence and tools to expand globally,” she said.
“By leveraging our combined expertise in trade credit and risk management, we aim to unlock new opportunities in high-growth markets and contribute to the long-term economic resilience of both nations.”
Under the MoU, ECI and Sinosure will cooperate on joint financing of export and investment projects, exchange of market intelligence and ESG best practices, and facilitation of mutual access to the UAE and Chinese markets. The partnership will also explore joint opportunities in third markets, aligned with both agencies’ national development strategies.
The agreement underscores the UAE’s ongoing efforts to expand economic partnerships across Asia and reflects the growing strategic importance of China as one of the country’s largest global trading partners.