The Ethio-Luxembourg business discourse began at the Hilton Hotel on February 4, 2016 with an opening speech by the Ethiopian State Minister of Foreign Affairs, Mr. Regassa Kefale, Fana Broadcasting reported.

Around 20 delegated companies are currently discussing in Addis Ababa.

Mr. Regassa stated that this business discussion would enhance the bilateral and business ties between Ethiopia and Luxembourg. He pointed out the fact that potential investors from Luxembourg should benefit if they were to take advantage of Ethiopia’s investment and market potentials.

Ambassador of Luxembourg to Ethiopia, Mr. Jean-Marc Hoscheit, said the same strong political relations needed to be repeated on the economic sector.

According to Mr. Jeannot Erpelding, Director of International Affairs of the Chamber of Commerce of Luxembourg,  the chamber chose to promote trade and investment in Ethiopia and some other African countries because these countries have a stable economy and politics, economic outlook and business potential.

On another note, the Addis Ababa Chamber of Commerce and Sectoral Association signed a Memorandum of Understanding (MoU) with its Luxembourg counterpart.

Source: Fana Broadcasting Corporate