In a significant step towards strengthening global credit insurance and investment initiatives, the International Credit Insurance & Surety Association (ICISA) and the Arab Investment and Export Credit Guarantee Corporation, known as AMAN UNION, have entered into a Strategic Partnership Agreement. This revolutionary collaboration aims to foster mutual cooperation and knowledge exchange in the fields of credit insurance and investment, particularly in member countries of the Organisation of Islamic Cooperation (OIC).
A Visionary Agreement for the Future of Trade Insurance
Under the Memorandum of Understanding (MoU), officially signed by Mr. Richard Wulff, Executive Director of ICISA, and Mr. Oussama Kaissi, Secretary-General of AMAN UNION and CEO of ICIEC, this alliance represents a transformative leap towards harmonizing efforts and maximizing the potential for sustainable growth and prosperity on a global scale.
ICISA and AMAN UNION: Two Major Players United for Progress
ICISA, a renowned trade association for credit and surety companies globally, advocates for collaboration and the establishment of industry standards. Meanwhile, AMAN UNION focuses on promoting and developing the insurance industry of commercial and non-commercial risks within OIC-Member States, as well as strengthening connections among its members.
A Collaboration Focused on Progress and Innovation
This collaboration underscores a shared commitment to advancing the trade insurance and investment landscape, particularly within OIC Member States. By exchanging knowledge and networks, both associations aim to support initiatives contributing to the sustainable development of OIC Member States.
Key Objectives of the Strategic Collaboration
- Encouraging knowledge exchange on trade insurance and investment initiatives.
- Promoting the development of industry best practices.
- Strengthening connections among members of both associations.
Commitment and Future Outlook
Mr. Richard Wulff, Executive Director of ICISA, expressed his enthusiasm, stating that “this historic collaboration represents a milestone in our shared commitment to strengthening the trade insurance and investment landscape.” Mr. Oussama Kaissi, Secretary-General of AMAN UNION and CEO of ICIEC, also emphasized this commitment, stating that “this partnership signifies our collective dedication to enhancing capabilities and opportunities within the trade insurance and investment sector.”
A Promising Future through Collaboration
Both ICISA and AMAN UNION recognize the immense potential of their cooperation to achieve significant results in the trade insurance and investment sector. Through this collaboration, they reaffirm their commitment to fostering innovation, resilience, and sustainable development within OIC Member States and beyond.
Sources :
https://bcrpub.com/news/icisa-and-aman-union-collaborate-advance-credit-insurance-initiatives