• Ethiopian companies taking part in import-export trade fair
ADDIS ABABA-The EthioUAE Business Forum opened in Addis Ababa yesterday, in attendance of representatives of more than 60 business and government delegations, who seek to invest in various investment areas in Ethiopia, according to the Ministry of Foreign Affairs (MoFA).
In his opening remarks, State Minister of Foreign Affairs, Dr. Akililu Hilemicheal noted the two countries’ long standing and historical diplomatic relation serves as bedrock to build effective trade and business links between the UAE and Ethiopia. The State Minister also expressed his pleasure to observe UAE-Ethiopia business representatives taking the opportunity to exchange ideas and views to do more in order to translate the excellent relations between the two countries into a viable economic cooperation.
“Ethiopia, with its lucrative environment for investment, is opening its door for sustainable economic cooperation,” added Dr. Akililu. Undersecretary of Foreign Trade at the UAE Ministry of Economy, Abdulah Al Saleh, on his part commended the sound economic policy and conducive investment climate in Ethiopia. “This UAE-Ethiopia Business Forum present us with invaluable platforms to explore investment opportunities in Ethiopia,” he said adding, this business forum offers UAE companies best knowledge and insights to enhance trade, business communities.
On the occasion, State Minister of Trade and Industry and former Ethiopian Ambassador to the Emirates, Misganu Arega stated that “this joint business forum is instrumental to strengthen the allrounded bilateral ties between UAE and Ethiopia.” Ambassader Misganu said Ethiopia with its strategic geographical location is a gateway to regional markets and will serve huge trade, investment potential for prospective UAE companies to establish new and sustainable business partnership in the region.
Meanwhile, several Ethiopian companies are taking part in an Import- Export Trade Fair which opened in Berlin, Germany on Tuesday. The Fair has been organized by EMEA (Europe, Middle East and Africa Trade Fair). The Ethiopian Embassy in Berlin hosted a coffee ceremony that has given an opportunity for the participants to witness Ethiopia’s unique coffee ceremony and test.
The Ethiopian Herald, March 21/2019
BY ESSEYE MENGISTE
