Tag Archives: trade

Major agreed areas of Ethiopia & Eritrea cooperation

10 Jul

Posted by The Ethiopia Observatory (TEO)

As per the agreements reached on 08 July 2018 between Prime Minister Abiy Ahmed and President Isaias Afewerki Ethiopia and Eritrea signed memorandum of understanding (MoUs), among others, on the commencement of flights that have been defunct twelve years ago, the utilization of sea port and the re-opening of embassies in each others’ capitals today as of 09 July 201).

The five major pillars included in this Joint Declaration of Peace and Friendship includes:

(1)The cessation of the state of war;

(2) Close cooperation in the political, economic, social, cultural & security fields;

(3)The resumption of trade, economic&diplomatic ties;

(4) The implementation of the boundary decision and;

(5) Collaboration on the maintenance of regional peace and security

The signing of the MoUs on these areas is expected to enhance the partnership.

TEO articles on Eritrea:

Why is capitalist Kenya intrigued by state capitalist Ethiopia’s reticence to open up its market?

29 Mar

By Keffyalew Gebremedhin – The Ethiopia Observatory

When President Uhuru Kenyatta jetted in Addis Abeba for his three-day return state visit during the second week of March 2014, he was optimistic to take with him something very important as a gift from the TPLF administration. He was hopeful that Ethiopia would await him with its eyes open and 17-month old agreement on trade and investment ready to be put into force.
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Finland to allocate EUR 19.8 million in support of education program in Ethiopia

31 Jan

Posted by The Ethiopia Observatory

The following information is secured from the web page of the Finnish Foreign Ministry, dated January 29, 2014.

During their visit to Addis Ababa from January 27-28, 2014, Prime Minister Katainen and Minister for International Development Pekka Haavisto had a meeting with the President and Prime Minister of Ethiopia and with the President of the African Union. One of the visit’s main objectives is to promote exports and support Finnish business activities. In Ethiopia, the ministers are accompanied by a Team Finland delegation consisting of some 30 representatives of Finnish businesses.
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Ethiopia-Finland trade talks, as reported by Ethiopian media

29 Jan
 	Prime Ministers Katainen and Hailemariam (Credit: ERTA)

Prime Ministers Katainen and Hailemariam (Credit: ERTA)

Posted by The Ethiopia Observatory

ኢትዮጵያ ውስጥ ያለው የፊንላንድ ቀጥተኛ የውጭ ኢንቨስትመንት ከተፈጠረው ምቹ ሁኔታ አንጻር ሲታይ ዝቅተኛ ነው ሲሉ- ጠቅላይ ሚኒስትር ኃይለማሪያም ደሳለኝ ገለጹ፡፡
ጠቅላይ ሚኒስትሩ ይህን የገለጹት ከኢትዮ ፊኒሽ የንግድ ማህበረሰብ በጋራ ለመስራት በተካሄደ መድረክ ላይ ነው፡፡
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Kenya well placed to gain from more open Ethiopia

11 Nov

Posted by The Ethiopia Observatory

Two recent developments in Addis Ababa may impact Kenya and eastern Africa positively, particularly if they are pointers to Ethiopia’s decision to break out of its self-imposed isolation.
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Kenya-Ethiopia trade in terrible imbalance; Ethiopia drags its feet

3 Aug
    Editor’s Note: Premier circumspect or less than transparent with Kenyans?

    Ethiopia’s position on privatization, especially on the telecom, banking and financial services sectors has been very clear for a long, long time. Even when the country has engaged in WTO processes, again and again it has become clear that Ethiopia is unlikely to change its ‘ideological’ position.
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Africa CEO Forum 2012 holds its maiden session: What for?

22 Nov

By Keffyalew Gebremedhin

The Africa CEO Forum held its maiden session in Geneva, discussing the future of the private sector in the region. The forum was officially launched in June 2012 in Tanzania during a session of the African Development Bank (AfDB), with the AfDB, Jeune Afrique and Rainbow Unlimited Gmbh as its propellers.
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Saudi Arabia & Ethiopia raise their cooperation to higher level: Is current tension within Moslem community main agenda item?

16 Jun

Addis Ababa June 16/2012 Prime Minister Meles Zenawi held discussion with Saudi Arabian Deputy Foreign Affairs Minister Prince Abdulaziz Ben Abdullah on issues of common interest as well as means of enhancing relations between the two countries on Saturday.

The two sides have discussed as to how Saudi Arabia enhance its engagement in the area of trade, investment, security, economic, culture and other sectors.

They have also conferred how to work jointly in the area of peace and stability in the horn of Africa.

Currently, Saudi Arabia investors are widely engaged in various investment activities in Ethiopia.

Similarly, the Saudi Arabian deputy FM has also held discussion with the Deputy Premier and Foreign Affairs Minister, Hailemariam Dessalegn on mutual concerns.

(Source: ENA)

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