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Oman: Annual meeting of credit and invest insurers held

Oman: Annual meeting of credit and invest insurers held
Recent developments in world trade, challenges facing export credit insurance industry discussed in meeting

By Aysu Bicer

ANKARA (AA) - The 10th annual meeting of Aman Union -- an association of public and private export credit and investment insurers from Africa, the Middle East and Asia -- took place in Oman's capital Muscat, under the aegis of the Turk Eximbank.

During the annual meeting, which took place from Sept. 30 to Oct. 2, recent developments in world trade, the challenges facing the export credit insurance industry, and especially insuring risks in post-conflict countries were discussed, the bank said in a statement on Wednesday.

The bank handed the union's Secretariat duty to The Arab Investment & Export Credit Guarantee Corporation (Dhaman), according to a written statement.

In his opening speech at the meeting, Enis Gultekin, acting General Manager of Turk Eximbank, pointed out the importance of the Aman Union's role in enhancing cooperation among member organizations and in attracting more investment to the region.

Gultekin expressed his pleasure over developments made during the term, adding that the bank added eight new members to the union and provided online training to the members in cooperation with the University of Offenburg based in Germany.

Over the past year, Turk Eximbank officials paid visits to financial institutions, asset management companies, pension funds and insurance companies in the Gulf region, Japan, the U.S., Hong Kong, Taipei, Frankfurt, Zurich, Amsterdam, Copenhagen, and Vienna.

Since Turk Eximbank was founded in 1987, it has conducted international credit, guarantee, and credit insurance programs aimed at developing economic and political relations between Turkey and other countries.

source: News Feed
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