A two-day Ethiopia-Dubai Diaspora Business Forum opened in Addis Ababa, at the Sheraton Addis, yesterday. The business forum brings together business communities from Ethiopia and the UAE with the intention of business networking and promoting business opportunities between the two nations.

Misganu Arega (Ambassador), Ethiopia’s State Minister of Trade and Industry, speaking at the opening of the forum, said the platform is important to consolidate the bilateral relations between the two countries and attract more foreign direct investment (FDI) to Ethiopia. Ethiopia is keen to take lesson from UAE to increase the export of value added products, he added.

Ambassador Misganu further noted that, in addition to attracting investments, works are underway to address challenges facing investors in Ethiopia. Recalling the investment promotion and protection agreement signed recently between the two sides, the State Minister said Ethiopia is also working to boost its people-to-people and trade relations with the UAE.

Source: FBC