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Ethiopia's Ministry of Finance announced that preparations are underway to privatize ten sugar factories. This will be done in a way that will be of benefit to the country, the Ministry emphasized.

The 2013 African Growth and Opportunity Act (AGOA) Forum which will be held in Ethiopia will be instrumental in strengthening ties between Sub-Saharan African countries, Ethiopian Ministry of Trade (MoT) said.

Ethiopia is preparing to host the 12th AGOA forum which will be held in June 2013.  A delegation from US has recently visited Ethiopia to assess the preparation.

“The forum will help sub Saharan African countries to link up in investment,” Amakele Yimam, Director of Corporate Communication Directorate at Ministry of Trade, told WIC.

Ethiopian Investment Commission (EIC) announced that Ethiopia is preparing to export over sixty types of agricultural and industrial products to improve its forex earning.

Ethiopia is preparing to successfully host the 2013 African Growth and Opportunity Act Forum announced the Ministry of Trade.

Committees, charged with the task of coordinating the preparation for the forum at various levels, have already been created and are expected to commence with laying the ground work for the meetings according to  Amakele Yimam, Director of the Corporate Communication Directorate with the Ministry of Trade.

The ministry has also opened lines of communications with two of the other six African countries who have already had the chance to host the AGOA Forum said Amakele. The ministry expects to learn from the experiences of the two countries, Zambia and Kenya to support Ethiopia’s opportunity to host this event he noted.

Ethiopia plans to attract more tourists from Chine in light of the growing number of Chinese tourists that travel overseas, Ethiopia's Minister of Culture and Tourism announced.