Ethiopia and Sudan Agree to Implement Cooperation Projects
The 2 Horn of Africa nations, Ethiopia and Sudan, agreed to implement cooperation projects which includes establishing economic zones and free markets among the 2 countries.
Ethiopia and Sudan Inaugurated Transmission Line Interconnecting the Two Countries
Ethiopian Prime Minister Hailemariam Desalegn and Sudanese President Omar al-Bashir inaugurated the electric transmission line interconnecting the two countries, Xinhua reported.
The inauguration was held on 4 November, 2013, in Geddarif State in eastern Sudan.
Ethiopia and Sudan Public Transport to Begin in 40 Days
Federal Transport Authority (FTA) announced Ethiopia and Sudan have agreed to start public transport between the two countries in the coming 40 days.
Ethiopia and the Netherlands Reach Bilateral Trade Agreement
Ethiopia and the Netherlands signed a bilateral trade agreement to avoid double taxation to develop the trade system between the two countries, enhance investment activities as well as allowing transfer of technology between the two countries.
The trade accord was signed between Alemayehu Gujo, State Minister of Finance and Economic Development and Hans Blankenberg, Ambassador from the Netherlands.
The agreement would play a notable role in supporting investment activities between the two countries through establishing fair taxation said Alemayheu at the signing. The agreement will enable the exchange of goods and services and facilitate the flow of capital eliminating double taxation enacted on companies and individuals he added.
Ethiopia and the World Bank Signed a US$110 Million Loan Agreement
The government of Ethiopia and the World Bank (WB) Thursday signed a US$110 million loan agreement to support the third phase of the Pastoral Community Development Project, The Ethiopian Herald reported.
