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Discussion on strengthening bilateral cooperation in the field of pharmaceuticals was held between Ethiopia and Algeria. The discussion was led by Ambassador Extraordinary and Plenipotentiary of Ethiopia to Algeria Nebiat Getachew and Dr. Abderrahmane Benbahmed, Algeria’s Minister of Pharmaceutical Industry.

Ethiopia’s potential for Algerian pharmaceutical companies, the country’s regulations on the pharmaceutical industry, and the incentives available for investors who engage in the industry were raised during the discussion.

The Arab Bank for Economic Development in Africa (BADEA) signed a letter of intent with the Ethiopian Ministry of Finance. The letter of intent aims to co-finance, with the African Development Bank (AfDB), the integrated agro-industrial parks in Ethiopia.

Ethiopia and Brazil concluded an agreement for the avoidance of double taxation on profits derived from international air and shipping transport on June 22, 2015 in Brasilia, according to Fana Broadcasting corporate.

A joint trade and investment forum, with aims to further boost trade and investment flow, was held between Canadian business delegation and their Ethiopian counterparts in Addis Ababa yesterday.

Ethiopia and China on Monday, December 07, 2015, have adopted a new mutual visa exemption agreement for diplomatic and service passport holders entering each other’s borders, according to Xinhua.