Etihad Cargo has prolonged its Memorandum of Figuring out (MoU) with the Ministry of Industry and Evolved Technology (MoIAT), offering preferential air cargo charges to In-Nation Price (ICV)-certified companies. This initiative comes as allotment of Etihad Cargo’s commitment to selling local products, strengthening the UAE’s industrial sector and improving its competitiveness in world markets.
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Offering discounted air cargo charges all over Etihad Cargo’s instant, the prolonged MoU used to be 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 took put on the sidelines of the Abu Dhabi World Petroleum Exhibition and Conference (ADIPEC), held at the Abu Dhabi National Exhibition Centre (ADNEC).
Below the prolonged MoU, Etihad Cargo will proceed to produce a 25 per cent decrease designate on air cargo tariffs to ICV-certified companies. This capacity that, extra UAE-essentially based mostly companies will win a intention to scale their operations in each place in the UAE and entry extra world markets. Building on the usual agreement signed in 2021, the partnership highlights Etihad Cargo’s valuable role in utilizing the UAE’s dauntless efforts to lift in-nation price and empower local producers.
Selling Competitiveness
HE Al Suwaidi mentioned: “The prolonged MoU is aligned with the Ministry’s National Design for Industry and Evolved Technology (Operation 300bn), aimed at diversifying the national financial system and improving 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. Furthermore, extending the agreement will give a lift to the export capabilities of local companies.
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“Leading national companies, resembling Etihad Airways, repeatedly are trying to present a lift to the UAE’s drive in direction of sustainable industrial and financial express. Etihad Airways is a strategic partner of MoIAT and used to be one of the most predominant companies to affix the National ICV Program in 2021. It furthermore prioritises local suppliers and industrial companies in its procurement alternate.
“The UAE has enviornment a determined imaginative and prescient to elevate the national alternate atmosphere and foster a aggressive financial system. Therefore, the MoU underscores the well-known role of national entities in supporting local products and guidance bigger inquire of in direction of local procurement,” HE Al Suwaidi added.
Brun mentioned: “Etihad Cargo stays dedicated to fostering a supportive atmosphere for local producers and companies. It delivers bespoke logistics solutions that align with the UAE’s In-Nation Price dreams. This collaboration offers the UAE’s industrial and service companies the chance to build bigger into extra world markets. Therefore, it aligns with Etihad Cargo’s commitment to advancing the targets of Operation 300bn along with Abu Dhabi’s imaginative and prescient of financial diversification and lengthy-term sustainability.”
Extending the MoU between Etihad Cargo and MoIAT reaffirms their shared strategic imaginative and prescient to leverage logistics operations as a catalyst for sustainable industrial express in the UAE. It furthermore embodies Etihad Cargo’s ongoing commitment to constructing the local industry and enabling ICV-certified companies to build bigger globally, per the UAE’s imaginative and prescient of constructing a aggressive, resilient, and sustainable financial system.
