Ethiopia and the Netherlands signed a Memorandum of Understanding on Thursday to hold overall bilateral consultations between the two countries.

State Minister of Foreign Affairs, Ambassador Berhane Gebrekristos and Netherlands Ambassador to Ethiopia, Bob Hienschn signed the MoU.

As per the MoU, the two countries would discuss economic, political, social, technological, security and other issues of mutual interest twice a year in Addis Ababa and Amsterdam.

According to Ambassador Dina Mufti, Spokesperson of the Ministry of Foreign Affairs, the MoU would also contribute to advancing existing sound relations between Ethiopia and the European Union.

Netherlands is one of those countries that have remarkable economic and diplomatic relations with Ethiopia, Ambassador Dina said.

Most of the foreign investors engaged in horticulture development in Ethiopia are citizens of the Netherlands.

According to EPA, the Netherlands is a major importer of Ethiopia's flowers, vegetables and fruits.

Source: Walta