Ethiopia has taken a step towards expanding its horticultural exports by signing a Memorandum of Understanding (MoU) with the Common Market for Eastern and Southern Africa (COMESA). The agreement aims to enhance cooperation in the production and export of avocados, onions, and potatoes.
A delegation of business and government representatives from the Czech Republic and a member of the International Chamber of Commerce held discussions with the Ethiopian Chamber of Commerce and Sectoral Associations on bilateral trade and investment opportunities in Ethiopia.
The economic policies adopted by the governments of the two countries in the last 20 years have served to promote direct trade between the business communities in the two countries said Gebrehiwot Gebreegzihber member of the ECCSA board of Directors.
As consequence of such policies the trade between the two countries has grown from just 312 thousand US dollars in 2004 to more than 12 million US dollars this year he said.
Ethiopian Investment Holdings (EIH) and Dangote Group have entered into a shareholders’ agreement to develop a large-scale urea fertilizer production complex in Gode, Ethiopia.
Ethiopia and Djibouti concluded an agreement giving a green light for the construction of an oil pipeline that stretches across the two countries. The pipeline is going to be managed by the US based African infrastructure development company Black Rhino.
During a bilateral talk between Ethiopia and Djibouti on Thursday, June 19, 2014, representatives of the countries have announced they are committed boost their bilateral relations. The bilateral relation is said to enhance the socio- economic benefits the peoples of both countries will get.
