Etihad Cargo has extended its Memorandum of Thought (MoU) with the Ministry of Industry and Evolved Technology (MoIAT), offering preferential air cargo charges to In-Nation Price (ICV)-licensed companies. This initiative comes as portion of Etihad Cargo’s commitment to promoting native products, strengthening the UAE’s industrial sector and adorning its competitiveness in global markets.
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Providing discounted air cargo charges all the way in which through Etihad Cargo’s hasty, the extended MoU was as soon as signed by Stanislas Brun, Vice President Cargo at Etihad Cargo, and Salama Al Awadi, Director of National In-Nation Price Programme (ICV) at MoIAT, in the presence of His Excellency Omar Al Suwaidi, Undersecretary of MoIAT. The signing ceremony came about on the sidelines of the Abu Dhabi World Petroleum Exhibition and Conference (ADIPEC), held on the Abu Dhabi National Exhibition Centre (ADNEC).
Under the extended MoU, Etihad Cargo will proceed to offer a 25 per cent good buy on air cargo tariffs to ICV-licensed companies. Because of this, more UAE-based fully companies will have the option to scale their operations all the way in which during the UAE and accept admission to more global markets. Constructing on the long-established settlement signed in 2021, the partnership highlights Etihad Cargo’s necessary role in driving the UAE’s valorous efforts to absorb-nation cost and empower native manufacturers.
Promoting Competitiveness
HE Al Suwaidi talked about: “The extended MoU is aligned with the Ministry’s National Approach for Industry and Evolved Technology (Operation 300bn), aimed at diversifying the nationwide economy and adorning the UAE’s industrial sector competitiveness. The National ICV Programme serves as a key pillar in empowering this sector and boosting the resilience and sustainability of offer chains. Moreover, extending the settlement will make stronger the export capabilities of native companies.
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“Leading nationwide companies, akin to Etihad Airways, continually attempt to enhance the UAE’s pressure towards sustainable industrial and economic pattern. Etihad Airways is a strategic companion of MoIAT and was as soon as in fact some of the principle companies to be half of the National ICV Program in 2021. It additionally prioritises native suppliers and industrial companies in its procurement replace.
“The UAE has living a clear vision to elevate the nationwide replace atmosphere and foster a aggressive economy. As a result of this truth, the MoU underscores the fundamental role of nationwide entities in supporting native products and guidance elevated ask of towards native procurement,” HE Al Suwaidi added.
Brun talked about: “Etihad Cargo remains committed to fostering a supportive atmosphere for native manufacturers and companies. It delivers bespoke logistics ideas that align with the UAE’s In-Nation Price dreams. This collaboration offers the UAE’s industrial and repair companies the alternative to lengthen into more global markets. As a result of this truth, it aligns with Etihad Cargo’s commitment to advancing the targets of Operation 300bn on the side of Abu Dhabi’s vision of industrial diversification and lengthy-term sustainability.”
Extending the MoU between Etihad Cargo and MoIAT reaffirms their shared strategic vision to leverage logistics operations as a catalyst for sustainable industrial development in the UAE. It additionally embodies Etihad Cargo’s ongoing commitment to setting up the native industry and enabling ICV-licensed companies to lengthen globally, based fully on the UAE’s vision of making a aggressive, resilient, and sustainable economy.
