Long-Standing Ethiopia-Israel Ties Conducive for Strong Trade, Investment Cooperation
Addis Ababa August 9/2021 (ENA) The long-standing ties between Ethiopia and Israel is conducive to creating sturdy commerce and funding cooperation.
Ethiopian embassy in Israel organized a spherical desk consultative assembly in collaboration with Israeli Export and Worldwide Cooperation Establishment on methods to bolstering commerce and funding cooperation between the 2 international locations.
In the course of the dialogue, corporations which have already been working in Ethiopia and others have expressed curiosity to interact within the non-public sector in Ethiopia, it was discovered.
Deputy Director of Israeli Export and Worldwide Cooperation Establishment, Sabin Segal mentioned that such platforms are essential to resolve challenges confronted by buyers and improve the financial cooperation between the 2 international locations.
Ethiopian Ambassador to Israel, Reta Alemu defined the ample funding alternatives within the nation.
Stating that the 2 international locations have sturdy historic and religious relationship, the Ambassador identified that at present there’s an enabling setting to additional strengthen the commerce and funding cooperation.
Traders which might be at present working in Ethiopia mentioned through the dialogue that the funding alternative in Ethiopia is large, including that they’ve thus far been profitable of their actions.
The buyers have additionally cited a number of the challenges they’ve been going through of their actions, in response to Ethiopian embassy in Israel.
Ethiopian Ambassador to Israel affirmed his authorities’s dedication to deal with the challenges cited by the buyers.
He additionally famous that the federal government has been taking a number of authorized and different measures in a bid to create conducive funding setting within the nation by curbing bottlenecks.