CFA ratification by South Sudan historic moment: PM Abiy

The ratification of the Nile River Basin’s Cooperative Framework Agreement (CFA) by South Sudan is a historic moment for Ethiopia. This diplomatic milestone marks a significant step in our collective aspiration for regional cooperation in the Nile Basin.

The ratification will provide impetus for working towards the common good of our people through the establishment of the Nile Basin Commission.

Prime Minister Abiy Ahmed (PhD) said after South Sudan ratified CFA in its parliament

 Ethiopia home to unique history, beautiful culture: Nani

Ethiopia is one of most beautiful nations in the world; football stars must come and visit this magnificent country. I am satisfied by Ethiopian hospitality.

This country is beautiful and has a lot of potentials in every aspect. I have visited some historical places like the historic Adwa Victory Memorial, National Museum and Ethiopian Air Force Headquarters and that was interesting.

I came here to share my all experiences and I want to motivate young players in Ethiopia and Africa as a whole.

Luis Nani, Portuguese professional footballer and former Manchester United player

 

 South Sudan’s CFA ratification big diplomatic achievement: Prof. Yacob

The ratification of the Cooperation Framework Agreement (CFA) of the Nile Basin Initiative by South Sudan showcased Ethiopia’s diplomatic success. South Sudan’s ratification of the CFA that Ethiopia proposed for fair and proper utilization of the Nile River waters is a diplomatic success.

The CFA ratification benefits not only Ethiopia but also other riparian countries, including South Sudan itself. Ethiopia’s campaign in this process was almost a struggle and achieving such diplomatic success is a triumph against colonial agreements. Riparian countries need to work together to utilize the Nile water equitably.

Professor Yacob Arsano, Researcher at Addis Ababa University

 

 Ethiopia attracts 3.8 billion USD FDI in 2023/24: EIC Commissioner

Ethiopia has attracted 3.82 billion USD Foreign Direct Investments (FDI) during the concluded Ethiopian budget year. With improved business climate, investment promotion, provision of one stop service, FDI inflow shows significant development.

With continuous promotions and investment services, Ethiopia has attracted 3.82 billion USD foreign direct investments during the budget year. The FDI inflow has shown over 11.5 percent increment compared to the previous year.

Hanna Arayaselassie, Commissioner, Ethiopian Investment Commission

 

 

 Ethiopia earns 3.8 billion USD from export in 2023/24: Minister

Ethiopia has earned some 3.8 billion USD from export during the conclud­ed Ethiopian Fiscal Year. Compared to some period of last fiscal year, the performance shows 4.5 percent increment.

From the generated income from export, the agriculture sector takes the lead by 76.43 percent, followed by manufacturing and mining.

Integration is vital to improve competitiveness of exports and to be suc­cessful in international trade, it

Kasahun Gofe (PhD), Minister, Trade and Regional Integration

THE ETHIOPIAN HERALD SATURDAY 20 JULY 2024

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