Ethio-Egypt Business Forum held in Addis Ababa

The Ethio-Egypt Business Forum was held on Sunday (November 2.2014) in Addis Ababa on the sideline of the Fifth Joint Ministerial Commission Meeting. The Forum aimed at pushing the commercial ties of the two countries forward, exploring areas of business cooperation, tapping the potential economic benefits, cementing the people-to-people and business-to-business ties as well as maintaining the steady development momentum of the bilateral ties through economic partnership.

Opening the forum, Kebede Chane, Ethiopia's Minister of Trade remarked that centuries-old historical, political, commercial and religious ties that defined the two countries' long-standing bilateral relations. He went on to note that Ethiopia was deeply committed to jointly make business cooperation as a driving force for the mutual advancement of the two countries and peoples overall relations.

He added, the high-level Ethio-Egypt Business Forum was a manifestation of this commitment to make economic partnership at the centre of the cooperation of the two countries. Pointing out Ethiopia's firm commitment to the continuation of its investment and business ties with Egypt, he said that Egypt was one of the most important trading partners in Africa. He also explained the government's development policies, strategies, and plans; areas of cooperation; Ethiopia's success stories in all fronts and the status of the trade and investment relations of the two countries.