The partnership aligns with the UAE’s vision to promote increased demand for local products
Etihad Cargo extended its Memorandum of Understanding (MoU) with the Ministry of Industry and Advanced Technology (MoIAT), offering preferential air cargo rates to In-Country Value (ICV)-certified companies.
Providing discounted air cargo rates across Etihad Cargo’s fleet, the extended MoU was signed by Stanislas Brun, Vice President Cargo at Etihad Cargo, and Salama Al Awadi, Director of National In-Country Value Programme (ICV) at MoIAT, in the presence of HE Omar Al Suwaidi, Undersecretary of MoIAT.
Discount
Under the extended MoU, Etihad Cargo will continue to offer a 25 per cent discount on air cargo tariffs to ICV-certified companies. As a result, more UAE-based companies will be able to scale their operations across the UAE and access more international markets.
Building on the original agreement signed in 2021, the partnership highlights Etihad Cargo’s significant role in driving the UAE’s ambitious efforts to boost in-country value and empower local manufacturers.
Promoting Competitiveness
“The extended MoU is aligned with the Ministry’s National Strategy for Industry and Advanced Technology (Operation 300bn), aimed at diversifying the national economy and enhancing the UAE’s industrial sector competitiveness,” remarked HE Al Suwaidi.
“Therefore, it aligns with Etihad Cargo’s commitment to advancing the targets of Operation 300bn along with Abu Dhabi’s vision of economic diversification and long-term sustainability,” said Brun.