Home | News    Wednesday 28 May 2014

Ethiopia-Sudan trade forum held in Addis Ababa

separation
increase
decrease
separation
separation

May 27, 2014 (ADDIS ABABA) – A three-day bilateral trade forum between Ethiopia and Sudan concluded in the capital, Addis Ababa, on Tuesday with a memorandum of understanding between the Ethiopian Chamber of Commerce and the Sudanese Investors Federation.

The memorandum – signed by Ethiopian Chamber president Gebrehiwot Gebreegizabher and Sudanese Federation head Wagdi Meregagi – aims to further boost economic, trade and investment cooperation between the two neighbouring countries.

It is also hoped that the agreement will help the two sides establish joint ventures in different sectors that would serve the interests of the two countries.

“The MoU will have a positive contribution to the development of the industry sector, since Sudanese investors who inject money into the Ethiopian economy is expected to increase,” Ethiopian state minister of industry Mebrehatom Meles said.

Joint ventures between Sudanese and Ethiopian investors will also have an important role in exchanging knowledge, sharing experience and technology transfer, he added.

Sudan’s industry minister, Alsimeh Al Sadig, said his country is keen to further bolster economic and investment ties with Ethiopia and that the memorandum will contribute to the growth of the two countries’ industries.

During the opening ceremony, the Sudanese ambassador to Ethiopia, Abdelrahman Sirr Al-Ketim, said a number of Sudanese companies have decided to invest in Ethiopia.

Al-Ketim said the conducive investment climate created in Ethiopia is attracting several foreign investors, including Sudanese.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Doubts remain over South Sudan peace talks 2015-03-04 21:22:01 By John A. Akec News of a possible end to South Sudan’s 11-month-old conflict was received with guarded optimism at the start of February, and there were good reasons for this. On January 21, (...)

What do we expect from the final South Sudan Peace Talks? 2015-02-27 08:41:32 By Luka Biong Deng As the alleged final and last round of peace talks on South Sudan commenced in Addis Ababa, the people of South Sudan attach little hope and expect nothing as they have been (...)

The Berlin Meeting: What’s at stake? 2015-02-25 11:33:06 By the Sudan Democracy First Group (SDFG) Between 25 and 27 February, Berlin will become the hub for the Sudanese unarmed and armed opposition, invited by the German Foreign Ministry and the (...)


MORE








Latest Press Releases


Archbishop Taban calls for reconciliation and forgiveness 2015-02-23 09:30:38 February 2015 Greetings from Peace Village, Kuron. It is really a Peace Village. I had my peaceful Christmas and a Prosperous New Year in Kuron. God really blessed the area with Peace. You can (...)

WFP appreciates US additional support for S. Sudan’s hungry 2015-02-19 08:20:15 17 February 2015 (JUBA)- The United Nations World Food Programme (WFP) has welcomed a contribution of US$165.5 million from the United States Agency for International Development (USAID) to feed (...)

Press Release from the SPLM/A (IO) in Uganda 2015-02-11 09:39:09 February 10, 2015 1. The office of the SPLM/A (IO) and the presence of its diplomatic representation that was established under the Kampala outcome of the 21st August 2014 is operational and has (...)


MORE

Copyright © 2003-2015 SudanTribune - All rights reserved.