UAE, Israel export credit agencies sign agreement to boost trade - Reuters India

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Emirati and Israeli flags fly upon the arrival of Israeli and U.S. delegates at Abu Dhabi International Airport, in Abu Dhabi, United Arab Emirates August 31, 2020. REUTERS/Christopher Pike/Files

DUBAI (Reuters) - The export credit agencies of the United Arab Emirates (UAE) and Israel have signed a cooperation agreement to develop economic relations between the two countries, UAE’s state news agency WAM said.

The UAE’s Etihad Credit Insurance and the Israel Foreign Trade Risks Insurance Corporation plan to jointly support exports, trade, and investment between the two countries, WAM said, after they agreed to normalise relations in August.

Reporting by Hadeel Al Sayegh, writing by Davide Barbuscia; Editing by Gareth Jones

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