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.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Reflections on the SPLM-Ns 2017-10-18 20:15:33 By Mohamed Yassin It is sad, weird and ugly that some comrades reduced the vision of the SPLM to the SPLM-N standing for North, as a compromise. Its adaptation, it was bitterly adopted in an (...)

Do we have leaders in South Sudan or murderers? 2017-10-15 04:13:20 By Peter Gai Manyuon According to different scholars globally, leadership style is the way a person uses power to lead other people. More so, scholars have also identified a variety of (...)

Accountability, National Dialogue, and Elections: Which one of them comes first? 2017-10-12 21:51:17 By Dr Lako Jada Kwajok Conflicts or wars are the offspring of failures to have constructive dialogues in resolving problems between parties. The parties could range from countries, groups of (...)


MORE






Latest Press Releases


Reactions to government agencies’ conspiracy against Greater Bor community 2017-10-08 07:54:31 October 7, 2017 A monkey business or a donkey business in the government of the republic of South Sudan against the citizens is unacceptable. Therefore, we as youth of Greater Bor in diaspora (...)

Amnesty calls to release Nubian activists detained over protest for cultural rights 2017-09-12 20:47:54 AMNESTY INTERNATIONAL PRESS RELEASE 12 September 2017 Egypt: Release 24 Nubian activists detained after protest calling for respect of their cultural rights Egyptian authorities should (...)

New group formed to gather Nuer in United States 2017-08-17 14:15:50 DECLARATION FOR THE FORMATION OF NUD TO BRING TOGETHER ALL NUER IN THE U.S.A Press Statement The Nuer Union For Development (NUD) The United State of America The State of Nebraska August 15, (...)


MORE

Copyright © 2003-2017 SudanTribune - All rights reserved.