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Ethiopia and India have identified more options to expand their business cooperation - the joint trade committee of the countries

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The joint trade committee of the two countries announced that Ethiopia and India have identified additional sectors and market opportunities to increase their trade cooperation.

 

The committee also indicated that the countries will work to facilitate the implementation of the trade agreement.

 

The 6th Ethiopian-Indian Joint Trade Committee meeting has started today in Addis Ababa.

 

The Minister of Trade and Regional Relations Ato Gebre Kress Chala, Ambassador of India to Ethiopia Robert Shetkintong, Economic Adviser of the Ministry of Trade and Industry of India Priya Nari and their delegates were present at the forum.

 

The Minister of Trade and Regional Relations, Gebre Kress Chala; He mentioned that Ethiopia and India have a long-standing trade relationship.

 

He indicated that the countries are working together to strengthen their trade and maintain their trade balance.

 

Recalling that in 2017, the countries signed an agreement to enhance their cooperation in the trade sector; They said that they are working to implement the agreement in a better way.

 

The minister also explained that Ethiopia has done a market survey in India and can expand its export options by sending oilseeds, meat, leather and leather products, textiles and clothing to India.

 

He stated that Ethiopia's many productive forces and wide market options contribute to strengthening the country's trade.

 

He pointed out that the two countries are working to strengthen their cooperation in the sector by identifying options that will expand their trade horizons.

 

Priya Nari, Economic Adviser, Indian Ministry of Commerce and Industry; He stated that India gives great importance to its relations with Ethiopia.

 

ESA reported that the meeting of the Joint Trade Committee will contribute to strengthening the cooperation between the countries including agriculture, finance, medicine production and trade.

 

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