Ethiopia’s economic ties with other countries deepening: MoFA

Addis Ababa, 24 June 2014 (WIC) – Ethiopia’s economic ties with other countries is deepening, according to the Ministry of Foreign Affairs (MoFA).
Spokesperson of MoFA, Ambassador Dina Mufti, cited the recent visit by Israeli business delegation led by Israel’s Deputy Prime Minister and Foreign Minister, Avigdor Liberman, as a case in point.
He also mentioned the fourth Ethiopia-Canada bilateral consultations and the Ethio-Djibouti ministerial meeting held in Addis Ababa last week as an example for the strong ties Ethiopia has created with different countries.
An Israeli business delegation, representing over 40 business firms have explored the investment potentials in Ethiopia, which according to him would play a key role in boosting the two countries’ economic relations.

The fourth Ethiopia-Canada bilateral consultations also identified new areas of cooperation for the coming year, he said.

The Ethio-Djibouti ministerial meeting held last week would also play its part to further consolidate the age long relations between both countries, Ambassador Dina said.

Regarding the Cooperative Framework Agreement (CFA), the Spokesperson said that the Cabinet of Tanzania has referred the treaty to the parliament for approval.

Rwanda, Ethiopia, Uganda, Tanzania, Burundi and Kenya signed the (CFA), he said. South Sudan is also expected to ink the deal soon.
Parliaments of Ethiopia and Rwanda have already approved the deal.